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International Monetary Economics Lecture 6

 02/03/2010 |  Stephen |  Teaching, EC6012_2010 |  
LONDON - NOVEMBER 08: A dollar exchange rate ...
Image by Getty Images via Daylife

Exchange rate determination is extremely important in the theory of monetary economics, and we'll look at some theories of exchange rates tomorrow. Get the slides here, a mathematica notebook for the lecture is here, and the data I used on exchange rates are here. Play about with it to get a sense of what's happening. Here's the Wolfram|Alpha code, too. Messing about with these online toys is a great way to understand CIP and UIP better. Finally, Stockman's (1978) theory of exchange rate determination is here. The important reading for this lecture is Mishkin, chapter 19. Here's a recording of the lecture.

2 Responses to “International Monetary Economics Lecture 6”

  1. ali skaik
    05/03/2010 at 6:10 pm

    Dear Professor,
    Can you please put the recording of this lecture online?

    Thank you very much.

  2. Stephen
    05/03/2010 at 7:28 pm

    Hi Ali, lecture is up here: http://www.vimeo.com/9908360

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