How Long to Read The Foreign Exchange Market

By Richard T. Baillie

How Long Does it Take to Read The Foreign Exchange Market?

It takes the average reader 4 hours and 40 minutes to read The Foreign Exchange Market by Richard T. Baillie

Assuming a reading speed of 250 words per minute. Learn more

Description

The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. Apart from the consequent institutional changes, this period also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of foreign exchange markets. It begins by charting the institutional background and looks at the recent history of movements in some of the major exchange rates. The theoretical sections focus on the economic and finance theory of the asset market approach, the macroeconomic models developed from this approach, and on interest rate parity theory. The empirical chapters draw on the authors' own research from a high quality set of exchange rate and interest rate data. The statistical properties of exchange rates are analysed; the relationship between spot and forward rates is examined; and the modelling and impact of new information on the forward and spot relationship is considered. The final chapter is devoted to the estimation and testing of exchange rate models.

How long is The Foreign Exchange Market?

The Foreign Exchange Market by Richard T. Baillie is 280 pages long, and a total of 70,000 words.

This makes it 94% the length of the average book. It also has 86% more words than the average book.

How Long Does it Take to Read The Foreign Exchange Market Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 22 minutes to read The Foreign Exchange Market aloud.

What Reading Level is The Foreign Exchange Market?

The Foreign Exchange Market is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Foreign Exchange Market?

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