Essays on the dynamic interaction of trade and capital flows and exchange rates
The notion that trade and capital flows drive exchange rates is widespread in the financial press but receives scant attention in economic research. The flow market model of the exchange rate has fallen out of fashion in the 1970s, at a time when stock-oriented approaches, such as monetary and portf...
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London School of Economics and Political Science (University of London)
2005
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.420078 |