The American Economic Review, Volume 70American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 776
Exchange Rate Dynamics , Portfolio Balance , and Relative Prices By ROBERT DRISKILL * X - Inefficiency and Nonpecuniary Rewards in a Rent -. Much of the recent literature on exchange rate determination has emphasized the role of the ...
Exchange Rate Dynamics , Portfolio Balance , and Relative Prices By ROBERT DRISKILL * X - Inefficiency and Nonpecuniary Rewards in a Rent -. Much of the recent literature on exchange rate determination has emphasized the role of the ...
Página 964
as C. Exchange Rate Behavior in the Adjustment Process We focus now on exchange rate movements in the adjustment process , and particularly on the relationship between the exchange rate and the current account . It is apparent that the ...
as C. Exchange Rate Behavior in the Adjustment Process We focus now on exchange rate movements in the adjustment process , and particularly on the relationship between the exchange rate and the current account . It is apparent that the ...
Página 966
... exchange rate in terms of the anticipated rate of depreciation and the stock of external assets . Given the properties of ( 11 ) and ( 13 ) , it is apparent that an increase in external assets leads to an appreciation in the exchange ...
... exchange rate in terms of the anticipated rate of depreciation and the stock of external assets . Given the properties of ( 11 ) and ( 13 ) , it is apparent that an increase in external assets leads to an appreciation in the exchange ...
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Palavras e frases frequentes
adjustment analysis applied assets assumed assumption average basic behavior capital consider constant consumer consumption cost countries defined demand determine discussion distribution domestic earnings Econ economic effect efficient equal equation equilibrium estimated example exchange rate existing expected experience Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment issues labor less marginal mean measure ment Michigan monetary Note obtained optimal output percent period Ph.D planning positive possible preferences present problem production profits ratio reduces regulation relative respect risk saving share Social spells supply Table theory tion trade uncertainty unemployment United University utility utility function variable wage yields zero