Acknowledgements .............................................. vii
Preface ........................................................ ix
Lucio Sarno and Mark P. Taylor
Introduction ................................................... xi
Lucio Sarno and Mark P. Taylor
PART I. GROUNDWORK
1. Mark P. Taylor (1995)
The Economics of Exchange Rates
Journal of Economic Literature, XXXIII (1), March,
13-47 ....................................................... 3
PART II. EXCHANGE RATE THEORY
2. Bernard Dumas (1992)
Dynamic Equilibrium and the Real Exchange Rate in
a Spatially Separated World
Review of Financial Studies, 5 (2), 153-80 ................. 41
3. Maurice Obstfeld and Kenneth Rogoff (1995)
Exchange Rate Dynamics Redux
Journal of Political Economy, 103 (3), June, 624-60 ........ 69
4. Maurice Obstfeld and Kenneth Rogoff (2000)
New Directions for Stochastic Open Economy Models
Journal of International Economics, 50 (1), February,
117-53 .................................................... 106
5. Philip R. Lane (2001)
The New Open Economy Macroeconomics: A Survey
Journal of International Economics, 54 (2), 235-66 ........ 143
PART III. EMPIRICAL EXCHANGE RATE MODELLING AND TESTING
6. Charles Engel and James D. Hamilton (1990)
Long Swings in the Dollar: Are They in the Data and
Do Markets Know It?
American Economic Review, 80 (4), September, 689-713 ...... 177
7. Marianne Baxter (1994)
Real Exchange Rates and Real Interest Differentials:
Have We Missed the Business-Cycle Relationship?
Journal of Monetary Economics, 33, 5-37 ................... 202
8. Richard Clarida and Jordi Gali (1994)
Sources of Real Exchange-Rate Fluctuations: How
Important Are Nominal Shocks?
Carnegie-Rochester Conference Series on Public Policy,
41, December, 1-56 ........................................ 235
9. Martin Eichenbaum and Charles L. Evans (1995)
Some Empirical Evidence on the Effects of Shocks to
Monetary Policy on Exchange Rates
Quarterly Journal of Economics, CX, November, 975-1009 .... 291
10. Robert P. Flood and Andrew K. Rose (1995)
Fixing Exchange Rates: A Virtual Quest for Fundamentals
Journal of Monetary Economics, 36, 3-37 ................... 326
11. David H. Papell (1997)
Cointegration and Exchange Rate Dynamics
Journal of International Money and Finance, 16 (3),
June, 445-60 .............................................. 361
12. Mark P. Taylor and David A. Peel (2000)
Nonlinear Adjustment, Long-Run Equilibrium and
Exchange Rate Fundamentals
Journal of International Money and Finance, 19 (1),
February, 33-53 ........................................... 376
IV. TARGET ZONES
13. Paul R. Krugman (1991)
Target Zones and Exchange Rate Dynamics
Quarterly Journal of Economics, CVI (3), August, 669-82 ... 399
14. Robert P. Flood and Peter M. Garber (1991)
The Linkage between Speculative Attack and Target
Zone Models of Exchange Rates
Quarterly Journal of Economics, CVI, November, 1367-72 .... 413
15. Marcus Miller and Paul Weiler (1991)
Exchange Rate Bands with Price Inertia
Economic Journal, 101 (409), November, 1380-99 ............ 419
16. Giuseppe Bertola and Ricardo J. Caballero (1992)
Target Zones and Realignments', American Economic
Review, 82 (3), June, 520-36 .............................. 439
17. Bernard Dumas and Lars E.O. Svensson (1994)
How Long Do Unilateral Target Zones Last?
Journal of International Economics, 36,467-81 ............. 456
18. Matteo Iannizzotto and Mark P. Taylor (1999)
The Target Zone Model, Non-Linearity and Mean Reversion:
Is the Honeymoon Really Over?
Economic Journal, 109 (454), March, C96-C110 .............. 471
V. CURRENCY CRISES
19. Paul Krugman (1979)
A Model of Balance-of-Payments Crises
Journal of Money, Credit, and Banking, 11 (3),
August, 311-25 ............................................ 489
20. Maurice Obstfeld (1994)
The Logic of Currency Crises
Cahiers économiques et monétaires, 43,189-213 ............. 504
21. Maurice Obstfeld (1996)
Models of Currency Crises with Self-Fulfilling Features
European Economic Review, 40, 1037-47 ..................... 529
22. Olivier Jeanne (1997)
Are Currency Crises Self-Fulfilling? A Test
Journal of International Economics, 43, 263-86 ............ 540
23. Robert Flood and Nancy Marion (1999)
Perspectives on the Recent Currency Crisis Literature
International Journal of Finance and Economics, 4, 1-26 ... 564
24. Lucio Sarno and Mark P. Taylor (1999)
Moral Hazard, Asset Price Bubbles, Capital Flows, and
the East Asian Crisis: The First Tests
Journal of International Money and Finance, 18 (4),
August, 637-57 ............................................ 590
Name Index .................................................... 611
|
