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Author: Ruth Muller Jaeger
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 188
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Book Description
Author: Ruth Muller Jaeger
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 188
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Book Description
Author: Ruth Muller Jaeger
Publisher: Forgotten Books
ISBN: 9780656157808
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Excerpt from Stabilization of the Foreign Exchanges The upheavals of the recent European War caused fluctuations in the exchange market which have world-wide significance. The course of the market for foreign bills forms a problem of well-nigh insoluble complexity to experts and bankers, and of great importance to the trader, the merchant and the manufacturer, and also to legis lative bodies, public treasuries, and the general public. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author:
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 0
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Book Description
Author: Ruth Muller Jaeger
Publisher: Palala Press
ISBN: 9781358654824
Category :
Languages : en
Pages :
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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Mr.Guillermo Calvo
Publisher: International Monetary Fund
ISBN: 1451849915
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This paper analyzes stabilization policy under predetermined exchange rates in a cash-in-advance, staggered-prices model. Under full credibility, a reduction in the rate of devaluation results in an immediate and permanent reduction in the inflation rate, with no effect on output or consumption. In contrast, a non-credible stabilization results in an initial expansion of output, followed by a later recession. The inflation rate of home goods remains above the rate of devaluation throughout the program, thus resulting in a sustained real exchange rate appreciation.
Author: John F. Darling
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 56
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Book Description
Author: James David Mooney
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 200
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Book Description
Author: Edward Henry Harriman Simmons
Publisher:
ISBN:
Category : Stock exchanges
Languages : en
Pages : 20
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Book Description
Author: J. Herin
Publisher: Springer
ISBN: 1349033596
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451923236
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
The paper develops and tests a model of a developing economy that incorporates trade and capital restrictions, illegal transactions, a parallel foreign exchange market, currency substitution features, and forward-looking rational expectations. Temporary expansionary demand policies are associated with an increase in output and prices, a fall in the stock of net foreign assets, and a depreciation of the parallel exchange rate. The speed of adjustment is inversely related to the degree of rationing in the official foreign currency market. A once-for–all devaluation of the official exchange rate has no long-term effect on the premium.
