9781333739461 - exchange rate dynamics with sticky prices (classic reprint): the deutsch mark, 1974-1982: the deutsch mark, 1974-1982 (classic reprint) von giovannini, alberto (5 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: Brand New. 52 pages. 9.02x5.98x0.11 inches. In Stock.

Paperback. Zustand: New. Print on Demand. This book explores the relationship between exchange rate dynamics and sticky prices, analyzing how price stickiness impacts exchange rates and macroeconomic variables. The author develops a model that incorporates sticky prices due to adjustment costs for firms, allowing for a more realistic representation of price behavior than models with perfectly flexible prices. The model is estimated using German data from 1974 to 1982, considering various factors that influence exchange rates, including monetary policy, real wage changes, and international trade. The empirical analysis suggests that price stickiness is a significant factor in exchange rate dynamics, leading to substantial overshooting in response to monetary shocks. This book contributes to the understanding of exchange rate behavior and the role of price stickiness in macroeconomic fluctuations, providing insights that are relevant for policymakers and researchers interested in international economics. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…

Paperback. Zustand: Brand New. 52 pages. 9.02x5.98x0.11 inches. This item is printed on demand.