The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics) - Hardcover

Coes, Donald V.

Hardcover

ISBN 10: 1138633623 ISBN 13: 9781138633629

Publisher: Routledge, 2017

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.

About this title

About the Author

Donald V. Coes

Edition details

• Publisher: Routledge
• Publication date: 2017
• Language: English
• ISBN 10: 1138633623
• ISBN 13: 9781138633629
• Binding: Hardcover
• Edition number: 1
• Number of pages: 284