Business & Economics Books:

The Impact of Price Uncertainty

A Study of Brazilian Exchange Rate Policy
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$69.99
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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.
Release date Australia
August 29th, 2018
Author
Audience
  • Tertiary Education (US: College)
Pages
284
ISBN-13
9781138633636
Product ID
28267938

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