000			04849nam a2200373 a 4500
001			ebr10612566
003			CaPaEBR
006			m u
007			cr cn|||||||||
008			111229s2012 njud sb 001 0 eng d
010			_z 2011052323
020			_z9780470768839
020			_z9781118445754 (e-book)
040			_aCaPaEBR _cCaPaEBR
035			_a(OCoLC)812914952
050	1	4	_aHG3810 _b.H35 2012eb
082	0	4	_a332.4/56 _223
245	0	0	_aHandbook of exchange rates _h[electronic resource] / _cedited by Jessica James, Ian W. Marsh, Lucio Sarno.
260			_aHoboken, N.J. : _bJohn Wiley & Sons, Inc., _c2012.
300			_axxviii, 823 p. : _bill.
440		0	_aWiley handbooks in financial engineering and econometrics ; _v2
504			_aIncludes bibliographical references and index.
505	8		_aMachine generated contents note: Part I. Overview 1. Foreign Exchange Market Structure, Players and Evolution 2. Macro Approaches to Foreign Exchange Determination 3. Micro Approaches to Foreign Exchange Determination 4. The Exchange Rate in a Behavioural Finance Framework 5. The Evolution of Exchange Rate Regimes and Some Future Perspective Part II. Exchange Rate Models and Methods 6. Purchasing Power Parity in Economic History 7. Purchasing Power Parity in Tradable Goods 8. Statistical and Economic Methods for Evaluating Exchange Rate Predictability 9. When Are Pooled Panel-Data Regression Forecasts of Exchange Rates More Accurate than the Time-Series Regression Forecasts? 10. Carry Trades and Risk 11. Currency Fair Value Models 12. Technical Analysis in the Foreign Exchange Market 13. Modeling Exchange Rates with Incomplete Information 14. Exchange Rates in a Stochastic Discount Factor Framework 15. Volatility and Correlation Timing in Active Currency Management Part III. FX Markets and Products 16. Is There a Premium for Currency Investing (Beta) 17. Is There Skill or Alpha in Currency Investing? 18. Currency Hedging for International Bond and Equity Investors 19. FX Reserve Management 20. High frequency finance: Using scaling laws to build trading models 21. Algorithmic Execution in Foreign Exchange 22. Foreign Exchange Strategy Based Products 23. Foreign exchange futures, forwards and swaps 24. Options and Volatility Derivatives Part IV. FX Markets and Policy 25. A Common Framework for Thinking about Currency Crises 26. Official Intervention in the Foreign Exchange Market 27. Exchange Rate Misalignment - The Case of the Chinese Renminbi.
520			_a"Handbook of Exchange Rates is an impressive compilation of research from more than thirty-five leading researchers and experts on the topic. The book is clearly organized into five succinct sections that explore the foreign exchange (FX) market, from its background and economic foundation to current practices, obstacles, and policies in the modern foreign exchange market. Part I presents an overview of the history of the FX market and exchange rate regimes, the key instruments/players in the FX trading environment, and both macro and micro approaches to FX determination. Next, Part II focuses on forecasting exchange rates, featuring methodological contributions on the sstatistical methods for evaluating forecast performance, parity relationships, fair value models, and flow-based models. Part III treats FX as an asset class, outlining active currency management, currency hedging, hedge accounting, high frequency and algorithmic trading in FX, and FX strategy-based products. Part IV discusses products and pricing in FX, the FX options market, and volatility derivatives. Finally, the book concludes with a section on FX markets and policy, prediction and management of FX crises, FX regimes and policy; regulation in FX market that also features discussion of the effects of exchange rate regime choice on international trade. Each chapter follows the same easy-to-follow format. Following an introduction, a description of theory is presented along with key formulae. Next, the discussed theory is applied to a real data set and accompanied with illustrative descriptions. Exercises and real-world examples from the finance industry are spread throughout each chapter, and a summary provides a brief overview of main points and concepts"-- _cProvided by publisher.
533			_aElectronic reproduction. _bPalo Alto, Calif. : _cebrary, _d2011. _nAvailable via World Wide Web. _nAccess may be limited to ebrary affiliated libraries.
650		0	_aForeign exchange rates.
650		0	_aForeign exchange.
655		7	_aElectronic books. _2local
700	1		_aJames, Jessica, _d1968-
700	1		_aMarsh, Ian W., _d1966-
700	1		_aSarno, Lucio.
710	2		_aebrary, Inc.
856	4	0	_uhttp://site.ebrary.com/lib/welingkar/Doc?id=10612566 _zAn electronic book accessible through the World Wide Web; click to view
999			_c75338 _d75338