132 Pages
by
Routledge
136 Pages
by
Routledge
Also available as eBook on:
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.
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
Biography
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.
