The impact of price uncertainty : a study of Brazilian exchange rate policy

書誌事項

The impact of price uncertainty : a study of Brazilian exchange rate policy

Donald V. Coes

(Routledge library editions, . Exchange rate economics ; v. 3)

Routledge, 2017

  • : hbk

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注記

Reprint. Originally published: New York : Garland Pub. , 1979

内容説明・目次

内容説明

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.

目次

Preface 1. Introduction 2. Exporting as a Decision Under Uncertainty: The Basic Model 3. The Potential Exporter Under Uncertainty: Extensions of the Basic Model 4. Measuring Changes in Uncertainty 5. Relative Price Incentives to Export: Brazilian Commercial and Exchange Policies and Their Effects 6. An Econometric Test of the Uncertainty Hypothesis 7. Conclusion: Some Observations on Price Uncertainty and Trade. Appendices

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詳細情報

  • NII書誌ID(NCID)
    BB25421597
  • ISBN
    • 9781138633629
  • 出版国コード
    uk
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    London
  • ページ数/冊数
    xiii, 261 p.
  • 大きさ
    24 cm
  • 分類
  • 件名
  • 親書誌ID
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