Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics) - Hardcover

Saidi, Nasser

 
9781138631489: Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)

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.

"synopsis" may belong to another edition of this title.

About the Author

Nasser Saidi

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9781138631496: Essays on Rational Expectations and Flexible Exchange Rates (Routledge Library Editions: Exchange Rate Economics)

Featured Edition

ISBN 10:  1138631493 ISBN 13:  9781138631496
Publisher: Routledge, 2018
Softcover