{"product_id":"9780470768839","title":"Handbook of Exchange Rates","description":"\u003ch3\u003eWiley Handbooks in Financial Engineering and Econometrics\u003c\/h3\u003e\u003ch1\u003eHandbook of Exchange Rates\u003c\/h1\u003e\u003ch3\u003eJessica James | Ian Marsh | Lucio Sarno\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003ePraise for \u003ci\u003eHandbook of Exchange Rates\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e“This book is remarkable. I expect it to become \u003ci\u003ethe\u003c\/i\u003e anchor reference for people working in the foreign exchange field.”\u003c\/p\u003e \u003cp\u003e\u003ci\u003e—Richard K. Lyons, Dean and Professor of Finance,\u003c\/i\u003e \u003ci\u003eHaas School of Business, University of California Berkeley\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e“It is quite easily the most wide ranging treaty of expertise on the forex market I have ever come across. I will be keeping a copy close to my fingertips.”\u003c\/p\u003e \u003cp\u003e\u003ci\u003e—Jim O’Neill, Chairman, Goldman Sachs Asset Management\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eHow should we evaluate the forecasting power of models? What are appropriate loss functions for major market participants? Is the exchange rate the only means of adjustment? \u003ci\u003eHandbook of Exchange Rates\u003c\/i\u003e answers these questions and many more, equipping readers with the relevant concepts and policies for working in today’s international economic climate.\u003c\/p\u003e \u003cp\u003eFeaturing contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates in four succinct sections:\u003c\/p\u003e \u003cp\u003e• \u003ci\u003eOverview\u003c\/i\u003e introduces the history of the FX market and exchange rate regimes, discussing key instruments in the trading environment as well as macro and micro approaches to FX determination.\u003c\/p\u003e \u003cp\u003e• \u003ci\u003eExchange Rate Models and Methods\u003c\/i\u003e focuses on forecasting exchange rates, featuring methodological contributions on the statistical methods for evaluating forecast performance, parity relationships, fair value models, and flow–based models.\u003c\/p\u003e \u003cp\u003e• \u003ci\u003eFX Markets and Products\u003c\/i\u003e outlines active currency management, currency hedging, hedge accounting; high frequency and algorithmic trading in FX; and FX strategy-based products.\u003c\/p\u003e \u003cp\u003e• \u003ci\u003eFX Markets and Policy\u003c\/i\u003e explores the current policies in place in global markets and presents a framework for analyzing financial crises.\u003c\/p\u003e \u003cp\u003eThroughout the book, topics are explored in-depth alongside their founding principles. Each chapter uses real-world examples from the financial industry and concludes with a summary that outlines key points and concepts.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eHandbook of Exchange Rates\u003c\/i\u003e is an essential reference for fund managers and investors as well as practitioners and researchers working in finance, banking, business, and econometrics. The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cp\u003e\u003cb\u003eJESSICA JAMES, PhD,\u003c\/b\u003e is a Managing Director and Co-Head of the Quantitative Solution Team at Commerzbank in London, where she is responsible for FX client risk advisory. She has published on the topics of credit derivatives and total return swaps and is the coauthor of \u003ci\u003eInterest Rate Modelling\u003c\/i\u003e (Wiley).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIAN W. MARSH, PhD,\u003c\/b\u003e is Professor of Finance in the Cass Business School at City University London. Dr. Marsh has extensive consulting experience with companies including JPMorgan Chase, Morley Fund Managment, and the Royal Bank of Scotland. He currently focuses his research on credit risk transfer markets and the foreign exchange market.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eLUCIO SARNO, PhD,\u003c\/b\u003e is Associate Dean, Head of Faculty, and Professor of Finance in the Cass Business School at City University London. Dr. Sarno has extensive industry experience in consulting and trading foreign exchange for several major asset management companies and has contributed to policy, training, and research for the International Monetary Fund, the European Central Bank, and the World Bank.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e03 July 2012\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780470768839\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e856\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e48.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44378576060556,"sku":"9780470768839","price":163.76,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780470768839.jpg?v=1780143368","url":"https:\/\/lateknightbooks.com\/products\/9780470768839","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}