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Essays on Rational Expectations and Flexible Exchange Rates by Nasser Saidi
Essays on Rational Expectations and Flexible Exchange Rates by Nasser Saidi
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Essays on Rational Expectations and Flexible Exchange Rates

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Description

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.
Release date Australia
August 29th, 2018
Author
Audience
  • Tertiary Education (US: College)
Pages
208
ISBN-13
9781138631496
Product ID
28269789

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