logo
Supporting your high street Find out how »
Basket Image

Basket

The Impact of Price Uncertainty : A Study of Brazilian Exchange Rate Policy, Paperback / softback Book

The Impact of Price Uncertainty : A Study of Brazilian Exchange Rate Policy Paperback / softback

Part of the Routledge Library Editions: Exchange Rate Economics series

Description

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.

Information

  • Format: Paperback / softback
  • Pages: 280 pages
  • Publisher: Taylor & Francis Ltd
  • Publication Date:
  • Category: Economic theory & philosophy
  • ISBN: 9781138633636

£27.99

£24.35

 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Also in the Routledge Library Editions: Exchange Rate Economics series   |  View all