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

Coes, Donald V.

 
9781138633629: The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy (Routledge Library Editions: Exchange Rate Economics)
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.

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About the Author

Donald V. Coes

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

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