Essays on Rational Expectations and Flexible Exchange Rates

Paperback Engels 2018 9781138631496

€ 60,-

In winkelwagen

Levertijd ongeveer 11 werkdagen

Gratis verzonden

Samenvatting

Originally published in 1982. This book deals with exchange-rate determination and the implications of floating rate regimes for the time paths of prices and quantities. It develops a class of stochastic equilibrium models of the open economy operating under flexible exchange rates, assuming that agents are endowed with rational expectations but do not possess full current information as to the state of the world. Chapters look at a model’s response to economic disturbances, the effect on non-traded goods, and cyclical variations of the terms of trade. The final chapter considers a model to investigate purchasing parity issues.

Specificaties

ISBN13:9781138631496

Taal:Engels

Bindwijze:Paperback

Aantal pagina's:208

Uitgever:Taylor & Francis Ltd

Hoofdrubriek:Economie, Algemeen management, Financieel management

Serie:Routledge Library Editions: Exchange Rate Economics

Thema:

KC Economie

KCL Internationale economie

KCP Politieke economie

KFCP Boekhouding overheidsfinanciën

KJ Bedrijfsmanagement

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Schrijf een recensie

Uw waardering

?

Log in om uw waardering te geven

Klik om uw waardering te geven

Inhoudsopgave

1. Introduction and Overview 2. Fluctuating Exchange Rates and the International Transmission of Economic Disturbances 3. "Real" and Nominal Exchange Rates in an Uncertain World: The Traded Non-Traded Goods Nexus 4. Cyclical Variations of the Exchange Rate and the Terms of Trade 5. Rational Expectations, Purchasing Power Parity and the Business Cycle