Essays on Rational Expectations and Flexible Exchange Rates

Nasser Saidi (Autor)

Buch | Softcover

208 Seiten

2018
Routledge (Verlag)
978-1-138-63149-6 (ISBN)

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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.

Nasser Saidi

1. Introduction and Overview 2. Fluctuating Exchange Rates and the International Transmission of Economic Disturbances 3. "Real" and Nominal Exchange Rates in an Uncertain World: The Traded Non-Traded Goods Nexus 4. Cyclical Variations of the Exchange Rate and the Terms of Trade 5. Rational Expectations, Purchasing Power Parity and the Business Cycle

Erscheinungsdatum	18.09.2018
Reihe/Serie	Routledge Library Editions: Exchange Rate Economics
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	453 g
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-138-63149-3 / 1138631493
ISBN-13	978-1-138-63149-6 / 9781138631496
Zustand	Neuware