The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics)
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- Synopsis
- Originally published in 1979. This book addresses three questions regarding uncertainty in economic life: how do we define uncertainty and use the concept meaningfully to provide conclusions; how can the level of uncertainty associated with a particular variable of economic interest be measured; and does experience provide any support for the view that uncertainty really matters. It develops a theory of the effect of price uncertainty on production and trade, takes a graphical approach to look at effects of a mean preserving spread to create rules for ordering distributions, and finishes with an econometric analysis of the effects of Brazil’s adoption of a crawling peg in reducing real exchange rate uncertainty. This is an important early study into the significance of uncertainty.
- Copyright:
- 1979
Book Details
- Book Quality:
- Publisher Quality
- Book Size:
- 280 Pages
- ISBN-13:
- 9781351798884
- Related ISBNs:
- 9781315207230, 9781138633636, 9781138633629
- Publisher:
- Taylor and Francis
- Date of Addition:
- 08/22/20
- Copyrighted By:
- Donald V. Coes
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- History, Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.