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Item Details
Title: THE IMPACT OF PRICE UNCERTAINTY
A STUDY OF BRAZILIAN EXCHANGE RATE POLICY
By: Donald V. Coes
Format: Electronic book text

List price: £27.99


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ISBN 10: 135179888X
ISBN 13: 9781351798884
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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