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Item Details
Title:
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THE IMPACT OF PRICE UNCERTAINTY
A STUDY OF BRAZILIAN EXCHANGE RATE POLICY |
By: |
Donald V. Coes |
Format: |
Electronic book text |
List price:
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£27.99 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
1351798871 |
ISBN 13: |
9781351798877 |
Publisher: |
TAYLOR & FRANCIS LTD |
Pub. date: |
21 April, 2017 |
Series: |
Routledge Library Editions: Exchange Rate Economics |
Pages: |
280 |
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. |
Publication: |
UK |
Imprint: |
Routledge |
Returns: |
Non-returnable |
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