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

Coes, Donald V.

 
9781138633629: The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics)

Inhaltsangabe

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.

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Donald V. Coes

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9781138633636: The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics)

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ISBN 10:  1138633631 ISBN 13:  9781138633636
Verlag: Routledge, 2018
Softcover