Exchange Rate Determination and Control

by Giorgio Radaelli

Overview

The experiences of the Exchange Rate Mechanism of the European Community have highlighted the difficulties of exchange rate control. Exchange Rate Determination and Control investigates the determinants of exchange rates and evaluates the main options for policy makers in limiting exchange rate fluctuations, drawing on the empirical evidence of the experiences of the G7 countries over the last two decades.

Product Details

ISBN-13:	9781134834433
Publisher:	Taylor & Francis
Publication date:	01/08/2002
Sold by:	Barnes & Noble
Format:	eBook
Pages:	136
File size:	1 MB

About the Author

Giorgio Radaelli, who has for many years worked in the City of London as a specialist on interest and exchange rate forecasting, is currently Director and Senior Economist with Lehman Brothers.

Table of Contents

INTRODUCTION 1 ERM STABILITY, CAPITAL CONTROLS AND FOREIGN EXCHANGE MARKET INTERVENTION 2 THE EFFECTIVENESS OF CAPITAL CONTROLS: AN EMPIRICAL ANALYSIS OF THE ERM 3 EXCHANGE RATE DETERMINATION: MONETARY OR PORTFOLIO-BALANCE EFFECTS? 4 ON THE EFFECTIVENESS OF FOREIGN EXCHANGE MARKET INTERVENTION, CONCLUSIONS