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Exchange Rate Economics Exchange Ra
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Firstpublished2007 by Routledge 2Pa
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Contents List of figures List of ta
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Figures 1.1 The balance of payments
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Figures 13.6 Fourth generation spec
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Preface This book is the second edi
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2 Introduction Although the textboo
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4 Introduction (orders to buy/sell
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6 Introduction Table 1.3 Currency d
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8 Introduction a truly flexible exc
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10 Introduction this has to be sati
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12 Introduction likely that the rel
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14 Introduction or F (1 + i) = S (1
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16 Introduction Consider now a fall
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18 Introduction The empirical evide
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20 Introduction (mean and variance)
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22 Introduction (a) (b) 0.3 0.25 0.
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24 Introduction clusters or that it
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26 Introduction 0.1 0.05 0 -0.05 -0
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28 Introduction 1.9 Exchange rate r
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30 Introduction fixed versus flexib
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32 Introduction influences. For exa
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34 Introduction 1.11 The determinan
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36 Introduction In the standard OCA
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38 Introduction most transactions i
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40 Purchasing power parity and the
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42 Purchasing power parity and the
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44 Purchasing power parity and the
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46 Purchasing power parity and the
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48 Purchasing power parity and the
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50 Purchasing power parity and the
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52 Purchasing power parity and the
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54 Purchasing power parity and the
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56 Purchasing power parity and the
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58 Purchasing power parity and the
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60 Purchasing power parity and the
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62 Purchasing power parity and the
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64 Purchasing power parity and the
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66 Purchasing power parity and the
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3 The economics of the PPP puzzle I
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70 The economics of the PPP puzzle
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72 The economics of the PPP puzzle
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74 The economics of the PPP puzzle
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76 The economics of the PPP puzzle
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78 The economics of the PPP puzzle
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80 The economics of the PPP puzzle
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82 The economics of the PPP puzzle
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84 The economics of the PPP puzzle
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86 The economics of the PPP puzzle
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88 The economics of the PPP puzzle
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90 The economics of the PPP puzzle
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92 The economics of the PPP puzzle
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4 The flexible price monetary appro
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96 The flexible price monetary appr
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98 The flexible price monetary appr
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100 The flexible price monetary app
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102 The flexible price monetary app
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104 The flexible price monetary app
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5 The sticky-price monetary model I
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108 The sticky-price monetary model
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110 The sticky-price monetary model
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112 The sticky-price monetary model
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114 The sticky-price monetary model
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116 The sticky-price monetary model
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118 The sticky-price monetary model
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120 The sticky-price monetary model
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122 The sticky-price monetary model
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124 The sticky-price monetary model
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126 The sticky-price monetary model
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128 The sticky-price monetary model
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130 The sticky-price monetary model
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132 The sticky-price monetary model
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6 The monetaryapproach to the excha
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136 Empirical evidence on the monet
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138 Empirical evidence on the monet
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140 Empirical evidence on the monet
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142 Empirical evidence on the monet
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144 Empirical evidence on the monet
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146 Empirical evidence on the monet
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148 Empirical evidence on the monet
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150 Empirical evidence on the monet
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152 Empirical evidence on the monet
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Table 6.5 SEM equations: United Kin
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156 Empirical evidence on the monet
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158 Empirical evidence on the monet
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160 Empirical evidence on the monet
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162 Empirical evidence on the monet
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164 Empirical evidence on the monet
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7 Currencysubstitution models and t
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168 Currency substitution and portf
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170 Currency substitution and portf
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172 Currency substitution and portf
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174 Currency substitution and portf
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176 Currency substitution and portf
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178 Currency substitution and portf
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180 Currency substitution and portf
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182 Currency substitution and portf
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184 Currency substitution and portf
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186 Currency substitution and portf
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188 Currency substitution and portf
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190 Currency substitution and portf
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192 Currency substitution and portf
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194 Currency substitution and portf
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196 Currency substitution and portf
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198 Currency substitution and portf
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200 Real exchange rate determinatio
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202 Real exchange rate determinatio
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204 Real exchange rate determinatio
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206 Real exchange rate determinatio
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208 Real exchange rate determinatio
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210 Real exchange rate determinatio
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212 Real exchange rate determinatio
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214 Real exchange rate determinatio
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216 Real exchange rate determinatio
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218 Real exchange rate determinatio
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220 Real exchange rate determinatio
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222 Real exchange rate determinatio
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224 Real exchange rate determinatio
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226 Real exchange rate determinatio
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228 Equilibrium exchange rates rate
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230 Equilibrium exchange rates A nu
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232 Equilibrium exchange rates long
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234 Equilibrium exchange rates 5.1
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236 Equilibrium exchange rates term
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238 Equilibrium exchange rates 0.30
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240 Equilibrium exchange rates Detk
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242 Equilibrium exchange rates US i
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244 Equilibrium exchange rates The
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246 Equilibrium exchange rates 9.6.
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248 Equilibrium exchange rates 9.6.
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250 Equilibrium exchange rates Conc
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252 The new open economy macroecono
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254 The new open economy macroecono
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256 The new open economy macroecono
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258 The new open economy macroecono
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260 The new open economy macroecono
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262 The new open economy macroecono
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264 The new open economy macroecono
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266 The new open economy macroecono
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268 The new open economy macroecono
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270 The new open economy macroecono
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272 The new open economy macroecono
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11 The new open economy macroeconom
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276 The new open economy macroecono
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278 The new open economy macroecono
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280 The new open economy macroecono
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282 The new open economy macroecono
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284 The new open economy macroecono
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286 The new open economy macroecono
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288 The new open economy macroecono
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290 Target zone models 12.1 The bas
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292 Target zone models stochastic c
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294 Target zone models moves from 2
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296 Target zone models where A 1 an
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298 Target zone models expected dev
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300 Target zone models % expected d
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302 Target zone models MacDonald (2
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304 Target zone models for the DM-l
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306 Target zone models explicit ban
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308 Target zone models Table 12.1 F
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310 Target zone models short-term i
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312 Target zone models the UK short
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314 Speculative attack models and c
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316 Speculative attack models and c
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318 Speculative attack models and c
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320 Speculative attack models and c
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322 Speculative attack models and c
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324 Speculative attack models and c
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326 Speculative attack models and c
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328 Speculative attack models and c
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330 Speculative attack models and c
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332 Speculative attack models and c
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334 Speculative attack models and c
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336 Speculative attack models and c
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338 Speculative attack models and c
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340 Market microstructure approach
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342 Market microstructure approach
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344 Market microstructure approach
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346 Market microstructure approach
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348 Market microstructure approach
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350 Market microstructure approach
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352 Market microstructure approach
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354 Market microstructure approach
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- Page 381 and 382: 366 Market microstructure approach
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- Page 385 and 386: 15 Spot and forward exchange rates
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- Page 411 and 412: Notes 1 Introduction: some basic co
- Page 413 and 414: 398 Notes 4 Although the split betw
- Page 415 and 416: 400 Notes 3 The fact that the utili
- Page 417 and 418: 402 Notes 15 This result is familia
- Page 419 and 420: 404 Notes 6 Where ∫ ∞ vg(v) E(v
- Page 421: 406 References Artis,M. and M. Lewi
- Page 425 and 426: 410 References Calvo,G.A. and C.A.
- Page 427 and 428: 412 References Clark,P.B. and R. Ma
- Page 429 and 430: 414 References Detken,C.,A. Dieppe,
- Page 431 and 432: 416 References Edwards,S. and I. Ma
- Page 433 and 434: 418 References Fischer,S. (2001),
- Page 435 and 436: 420 References Frieden,J.P.G. and E
- Page 437 and 438: 422 References Granger,C.W. and T.
- Page 439 and 440: 424 References Hooper,P. and J. Mor
- Page 441 and 442: 426 References Kearney,C. and R. Ma
- Page 443 and 444: 428 References Lewis,K. (1988),‘T
- Page 445 and 446: 430 References MacDonald,R. (2002),
- Page 447 and 448: 432 References Mark,N.C. (2001),Int
- Page 449 and 450: 434 References Obstfeld,M. and K. R
- Page 451 and 452: 436 References Roll,R. (1979),‘Vi
- Page 453 and 454: 438 References Tauchen,G.E. and M.
- Page 455 and 456: Index Abadir,K. 389 Abuaf,N. 60 Adl
- Page 457 and 458: 442 Index Diba,B. 177-8 Dickey,D.A.
- Page 459 and 460: 444 Index Gagnon,J. 212 Gali,J. 128
- Page 461 and 462: 446 Index Miller,M.H. 120,123,128,1
- Page 463 and 464: 448 Index purchasing power parity (
- Page 465: 450 Index trade: interbank trade 34