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Exchange Rates
C/E/442. Models of Exchange Rates Determination
- WORDS:
- 2450
- DATE:
- 2010
- PRICE:
- 29.99 GBP
The paper looks at three models on exchange rate determination including the Purchasing Power Parity (PPP) model, the Current Account (CA) model, and the Interest Rate Parity (IRP) model. References are made to the empirical tests of these models in real life providing evidence of their applicability.
KEYWORDS: Exchange rate, Purchasing power parity, Current account, Interest rate parity,
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