The Impact of Price Uncertainty

A Study of Brazilian Exchange Rate Policy

Don Coes

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English

Routledge
29 August 2018

Economic theory & philosophy; Econometrics; International finance; Economic history; Finance & accounting

Series: Routledge Library Editions: Exchange Rate Economics

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.

By: Don Coes
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781138633636
ISBN 10: 1138633631
Series: Routledge Library Editions: Exchange Rate Economics
Pages: 284
Publication Date: 29 August 2018
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Donald V. Coes