Misalignment of exchange rates : effects on trade and industry /
Economists writing on flexible exchange rates in the 1960s foresaw neither the magnitude nor the persistence of the changes in real exchange rates that have occurred in the last fifteen years. Unexpectedly large movements in relative prices have lead to sharp changes in exports and imports, disrupti...
| Автор-организации: | National Bureau of Economic Research. |
|---|---|
| Други автори: | Marston, Richard C. |
| Формат: | Електронна книга |
| Език: | English |
| Публикувано: |
Chicago :
University of Chicago Press,
1988.
|
| Серия: |
National Bureau of Economic Research project report.
|
| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=228239 |
| Подобни документи: |
Print version::
Misalignment of exchange rates. |
Съдържание:
- Misalignment of Exchange Rates: Effects on Trade and Industry; Contents; Preface; Introduction; 1. Sources of Misalignment in the 1980s; 2. Sterling Misalignment and British Trade Performance; 3. Exchange Rate Variability, Misalignment, and the European Monetary System; 4. Realignment of the Yen-Dollar Exchange Rate: Aspects of the Adjustment Process in Japan; 5. Roundtable on Exchange Rate Policy; 6 . Monopolistic Competition and Labor Market Adjustment in the Open Economy; 7. On the Effectiveness of Discrete Devaluation in Balance of Payments Adjustment.