In the last few decades exchange rate economics has seen a number of developments, with substantial contributions to both the theory and empirics of exchange rate determination. Important developments in econometrics and the increasingly large availability of high-quality data have also been respons[...]

Sourced from the second edition of Economics by N. Gregory Mankiw (Harvard University) and Mark P. Taylor (Warwick University) and combining clarity, authority and real-world relevance, "Macroeconomics" provides carefully tailored content ideal for use on introductory macroeconomics courses.[...]