The Microstructure Approach to Exchange Rates Mei Mei Fox may be healthy in a

may be healthy in a vacuum

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or government

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* Two new features in each chapter: introductory "Key Questions" and closing "Basic Exercises

The Microstructure Approach to Exchange Rates Mei Mei Fox may be healthy in aHistorically, 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. The microstructure approach views exchange rates from the perspective of the