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Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics) - Hardcover
Synopsis
Originally published in 1982. This book deals with exchange-rate determination and the implications of floating rate regimes for the time paths of prices and quantities. It develops a class of stochastic equilibrium models of the open economy operating under flexible exchange rates, assuming that agents are endowed with rational expectations but do not possess full current information as to the state of the world. Chapters look at a model’s response to economic disturbances, the effect on non-traded goods, and cyclical variations of the terms of trade. The final chapter considers a model to investigate purchasing parity issues.
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Nasser Saidi
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Essays on Rational Expectations and Flexible Exchange Rates (Hardcover)
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Taylor & Francis Ltd, London, 2017
ISBN 10: 1138631485
ISBN 13: 9781138631489
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Hardcover. Condition: new. Hardcover. Originally published in 1982. This book deals with exchange-rate determination and the implications of floating rate regimes for the time paths of prices and quantities. It develops a class of stochastic equilibrium models of the open economy operating under flexible exchange rates, assuming that agents are endowed with rational expectations but do not possess full current information as to the state of the world. Chapters look at a models response to economic disturbances, the effect on non-traded goods, and cyclical variations of the terms of trade. The final chapter considers a model to investigate purchasing parity issues. Originally published in 1982. This book deals with exchange-rate determination and the implications of floating rate regimes for the time paths of prices and quantities. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781138631489
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Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)
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