£110.90

Routledge The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics)

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Description

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
13 April 2017
Listed Since
07 October 2016

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