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Essays on Rational Expectations and Flexible Exchange Rates
Engelsk Paperback
Essays on Rational Expectations and Flexible Exchange Rates
Engelsk Paperback

397 kr
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Om denne bog

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.

Product detaljer
Sprog:
Engelsk
Sider:
208
ISBN-13:
9781138631496
Indbinding:
Paperback
Udgave:
ISBN-10:
1138631493
Udg. Dato:
29 aug 2018
Længde:
19mm
Bredde:
233mm
Højde:
158mm
Forlag:
Taylor & Francis Ltd
Oplagsdato:
29 aug 2018
Forfatter(e):
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