| Author | : Robert Philip Flood |
| File Size | : 52,6 Mb |
| Publisher | : Unknown |
| Language | : English |
| Release Date | : 05 May 1980 |
| ISBN | : OCLC:8855477 |
| Pages | : 38 pages |
Download or read online The Transmission of Disturbances Under Alternative Exchange rate Regimes with Optimal Indexing written by Robert Philip Flood,Nancy Peregrim Marion, published by Unknown which was released on 1980. Get The Transmission of Disturbances Under Alternative Exchange rate Regimes with Optimal Indexing Books now! Available in PDF, ePub
Get BookThis paper reexamines the macroeconomic effects of wage indexation in an open economy under alternative exchange rate regimes. The main finding is that, once the lags in actual indexation rules are considered, wage indexation affects output behavior substantially less than posited in the previous academic literature. This result implies that
Get BookDownload or read online Economic Stability Under Alternative Exchange Rate Regimes written by Yeongseop Rhee, published by Unknown which was released on 1991. Get Economic Stability Under Alternative Exchange Rate Regimes Books now! Available in PDF, ePub and Kindle.
Get BookThese twelve essays take up economic management under flexible exchange rates in the presence of uncertainty. Nearly all of the contributions adopt a rational expectations framework, focusing on the stochastic aspects of the assumption and exploring the variability of, for example, output and prices in relation to the variability of
Get BookMany arguments that have been advanced in favor of maintaining capital controls within the EC have not paid sufficient attention to the welfare consequences of this type of market intervention. Our paper provides a simple, optimizing framework in which the welfare consequences of capital controls can be assessed. Two main
Get BookThis paper analyzes the implications of devaluation and a variety of structural disturbances in a dual exchange rate economy. A key feature of the model developed is its explicit recognition of both private (fraudulent) and officially-sanctioned cross transactions between the two exchange markets. The principal lesson to be learned from
Get BookTraditionally the choice of exchange rate regime has been seen as a second-best policy choice, which can be directed toward mitigating the distortionary effects of price or information rigidities. In this paradigm the optimal degree of exchange rate flexibility is found to depend of the source and nature of shocks
Get BookThe chapters in this book are based on papers prepared for a conference organized by the Federal Reserve Bank of San Francisco, held at the bank September 23-25, 1987, to review and compare monetary policy experiences of Pacific Basin countries during the past 15 years. The theme of the conference was conceived
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