The Microstructure Approach to Exchange Rates

The Microstructure Approach to Exchange Rates
ISBN-10
026212243X
ISBN-13
9780262122436
Category
Business & Economics / Economics / General
Pages
333
Language
English
Published
2001
Publisher
MIT Press
Author
Richard K. Lyons

Description

Historically, the fields of exchange-rate economics and microstructure finance have progressed independently of each other. Recent interaction, however, has given rise to a microstructure approach to exchange rates. This book focuses on the economics of financial information and how microstructure tools help to clarify the types of information most relevant to exchange rates.

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