Resources for

Exchange-Rate Dynamics

Audience (extracted from the preface)

This book has two intended audiences. One audience comprises Ph.D. students who are aiming to write their dissertations in the area of international macroeconomics and finance. More specifically, the three chapters in Part I provide a reasonably comprehensive overview of macro exchange-rate modeling that could be covered as part of a standard Ph.D. field course in international macroeconomics. The discussion of exchange rate risk in the first part of Chapter 11 would also be appropriate for such a course if time permits. The other material in Parts II and III is more suitable for inclusion in a longer field course in international macroeconomics and finance. Additionally, some of these chapters (e.g., chapters 4, 6 and 11) could be used in a Ph.D. field course on asset pricing. The book is also intended for use by Ph.D. students beyond their field courses. For example, students who have studied the material in Part I should be able to delve further into exchange-rate research by reading Parts II and III.
The second intended audience comprises researchers in international macroeconomics and finance who are looking for a guide to recent developments in the literature; either to aid their own research or to extend the syllabi of their Ph.D. courses.

Slides (PDF files with slides containing all the Figures and Tables)

Part I: Macro Models

Chapter 1: Macro Models without Frictions

Chapter 2: Macro Models with Frictions

Chapter 3: Empirical Macro Models

Part II: Microstructure Models

Chapter 4: Rational Expectations Models

Chapter 5: Sequential Trade Models

Chapter 6: Currency-Trading Models

Chapter 7: Currency Trading Models Empirical Evidence

Chapter 8: Identifying Order Flow

Part III Micro-Based Models

Chapter 9: Order Flows and Macroeconomy

Chapter 10: Exchange Rates, Order Flows and Macro Data Releases

Chapter 11: Exchange Rate Risk

Power Point Lecture Notes

Instructors wishing to use the book in their PhD courses can obtain a set of editable Power Point slides containing comprehensive lecture notes on each chapter. These slides contain all the mathematical equations in the text, and can be edited to suite the individual requirements of the instructor. These power point files are distributed “as is” without any guarantee concerning the accuracy of every equation. They may be freely used with appropriate attribution. To obtain the zip file containing these power point files, please send me an email at: evansm1 @ Georgetown.edu containing a link to your webpage.

Solution Manual for End-Of-Chapter Questions

Instructors wishing to use the book in their PhD courses can obtain a solution manual for the end-of-chapter questions. Like the Power Point lecture notes, these solutions are distributed “as is”. To obtain the pdf file with the solutions, please send me an email at: evansm1 @ Georgetown.edu containing a link to your webpage.