Exchange Rates and Interest Parity
Charles Engel ()
Chapter Chapter 8 in Handbook of International Economics, 2014, vol. 4, pp 453-522 from Elsevier
This chapter surveys recent theoretical and empirical contributions on foreign exchange rate determination. The chapter first examines monetary models under uncovered interest parity and rational expectations, and then considers deviations from UIP/rational expectations: foreign exchange risk premium, private information, near-rational expectations, and peso problems.
Keywords: Exchange rates; Uncovered interest parity; Foreign exchange risk premium (search for similar items in EconPapers)
JEL-codes: F31 F41 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Exchange Rates and Interest Parity (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:intchp:4-453
Access Statistics for this chapter
More chapters in Handbook of International Economics from Elsevier
Bibliographic data for series maintained by Haili He ().