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* Two new features in each chapter: introductory "Key Questions" and closing "Basic Exercises
may be healthy in a vacuum
or government
Kahneman exposes the extraordinary capabilities—and also the faults and biases—of fast thinking
The Microstructure Approach to Exchange Rates Mei Mei Fox * Two new features inHistorically, 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
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