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The Impact of Price Uncertainty

A Study of Brazilian Exchange Rate Policy

Donald V Coes author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:13th Apr '17

Currently unavailable, and unfortunately no date known when it will be back

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The Impact of Price Uncertainty cover

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.

ISBN: 9781138633629

Dimensions: unknown

Weight: 453g

284 pages