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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Marston, Richard C.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Chicago : University of Chicago Press, 1988.
Colección:National Bureau of Economic Research project report.
Temas:
Foreign exchange > Congresses.
Change > Congrès.
Foreign exchange
trade, industry, exchange rates, finance, economics, economy, economists, relative prices, exports, imports, employment, output, labor, work, equilibrium levels, misalignment, united states of america, american, japan, japanese, great britain, british, european monetary system, imperfect competition, production, macroeconomic policy, variability, payments, dollar, manufacturing, devaluation, adjustment process.
Conference papers and proceedings
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.

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