Mohlo by se vám také líbit

Více informací o knize Inflation Policy

• Parametry knihy
• Anotace
• Oblíbené z jiného soudku

Nákupem získáte 121 bodů

Anotace knihy

Following the collapse of Bretton-Woods and the §advent of floating exchange rates, economists noted §the emergence of demand side substitution of the §world s currencies, a phenomenon that has become §known as dollarization and currency substitution. §Currency substitution presents a number of problems §to the policy maker and to the country experiencing §the phenomenon. In this book, Michael J. Welker §offers a summary of several key considerations that §motivate this and other research on currency §substitution. The discussion assumes the traditional §welfare concept in macroeconomics that any reduction §in the effectiveness of monetary and fiscal policy §impairs the efficiency of resource allocation and §the rate of economic growth. In theoretical work on §currency substution one line of thought suggests §that real exchange rate depreciation will result §when a small open economy revalues under currency §substitution, while another line of thought poses §that real exchange rate appreciation will occur. §Evidence from Mexico in the last decade of the 20th §Century is presented in this text to contribute to §the debate.

Parametry knihy

Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics International economics

• Plný název: Inflation Policy
• Podnázev: Extending the Evidence on Elasticity of Currency Substitution: The Case of Mexico 1989-1999
• Autor: Michael Welker
• Jazyk: Angličtina
• Vazba: Brožovaná
• Počet stran: 80
• EAN: 9783639142099
• ISBN: 3639142098
• ID: 06822833
• Nakladatelství: VDM Verlag
• Hmotnost: 127 g
• Rozměry: 229 × 152 × 5 mm
• Datum vydání: 03. April 2009

Oblíbené z jiného soudku

---

---

---