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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.
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Donald V. Coes
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The Impact of Price Uncertainty
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Impact of Price Uncertainty : A Study of Brazilian Exchange Rate Policy
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The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy: Volume 7 (Routledge Library Editions: Exchange Rate Economics)
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The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy: Volume 7 (Routledge Library Editions: Exchange Rate Economics)
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The Impact of Price Uncertainty (Hardcover)
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Hardcover. Condition: new. Hardcover. 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 Brazils adoption of a crawling peg in reducing real exchange rate uncertainty. This is an important early study into the significance of uncertainty. Originally published in 1979. This is an important early study into the significance of uncertainty. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781138633629
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The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy: Volume 7 (Routledge Library Editions: Exchange Rate Economics)
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Impact of Price Uncertainty
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Condition: New. Series: Routledge Library Editions: Exchange Rate Economics. Num Pages: 284 pages. BIC Classification: KCLF; KCP; KFCP. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156. . . 2017. Hardback. . . . . Seller Inventory # V9781138633629
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