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Exchange Rate Theory and Practice

Editor

Listed:
  • Bilson, John F.
  • Marston, Richard C.

Abstract

This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.

Suggested Citation

  • Bilson, John F. & Marston, Richard C. (ed.), 1988. "Exchange Rate Theory and Practice," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226050973, August.
    • Handle: RePEc:ucp:bknber:9780226050973
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    Cited by:

    1. Maurice Obstfeld, 1988. "The Effectiveness of Foreign-Exchange Intervention: Recent Experience," NBER Working Papers 2796, National Bureau of Economic Research, Inc.

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