Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics) - Image 1

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Routledge Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)

Name: Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)
Brand: Routledge
Price: 98.17 GBP
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Governmental

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Description

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 Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138631485
Category: Books > Subjects > Business, Finance & Law > Accounting > Governmental
Domain: Amazon UK
Release Date: 13 April 2017
Listed Since: 29 September 2016

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Routledge Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)

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