Imperfect knowledge economics: exchange rates and risk
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Princeton [u.a.]
Princeton Univ. Press
2007
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Beschreibung: | XXIII, 340 S. graph. Darst. |
| ISBN: | 0691121605 9780691121604 |
Internformat
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Datensatz im Suchindex
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|---|---|
| adam_text | IMPERFECT KNOWLEDGE ECONOMICS PRINCETON UNIVERSITY PRESS PRINCETON AND
OXFORD CONTENTS FOREWORD BY EDMUND S. PHELPS XIII ACKNOWLEDGMENTS XXI
LIST OF ABBREVIATIONS XXIII PART I FROM EARLY MODERN ECONOMICS TO
IMPERFECT KNOWLEDGE ECONOMICS 1 1 RECOGNIZING THE LIMITS OF ECONOMISTS
KNOWLEDGE 3 THE OVERREACH OF CONTEMPORARY ECONOMICS 3 THE AIM OF THIS
BOOK 6 CONTEMPORARY MODELS IN A WORLD OF IMPERFECT KNOWLEDGE 8 THE
NON-FULLY INTELLIGIBLE INDIVIDUAL 13 IKE MODELS 14 IKE OF EXCHANGE
RATES AND RISK 20 IMPERFECT KNOWLEDGE AND POLICY ANALYSIS 23 FROM
CONTEMPORARY ECONOMICS TO IMPERFECT KNOWLEDGE ECONOMICS 24 2 A TRADITION
INTERRUPTED 26 THE STRANGLEHOLD OF THE CONTEMPORARY APPROACH 27 THE
NON-FULLY INTELLIGIBLE INDIVIDUAL IN EARLY MODERN ECONOMICS 34
JETTISONING INSIGHTS FROM EARLY MODERN ANALYSIS 38 VIII CONTENTS 3
FLAWED FOUNDATIONS: THE GROSS IRRATIONALITY OF RATIONAL EXPECTATIONS
AND BEHAVIORAL MODELS 41 CONVENTIONAL AND BEHAVIORAL REPRESENTATIONS OF
PREFERENCES WITH UNCERTAIN OUTCOMES 42 SELF-INTEREST, SOCIAL CONTEXT,
AND INDIVIDUAL DECISIONS 45 INDIVIDUAL BEHAVIOR AND AGGREGATE OUTCOMES
48 FROM EARLY MODERN TO PHELPS S MICROFOUNDATIONS 49 RATIONAL
EXPECTATIONS : ABANDONING THE MODERN RESEARCH PROGRAM 49 DIVERSITY OF
FORECASTING STRATEGIES: THE GROSS IRRATIONALITY OF RATIONAL
EXPECTATIONS 51 INCONSISTENCY IN BEHAVIORAL MODELS 54 4 RECONSIDERING
MODERN ECONOMICS 58 SHARP PREDICTIONS AND FULLY PREDETERMINED
REPRESENTATIONS 60 QUALITATIVE PREDICTIONS OF CHANGE IN FULLY
PREDETERMINED MODELS 65 IKE MODELS OF CHANGE 66 IKE CAUSAL-TRANSITION
PATHS 70 APPENDIX 4.A: FULLY PRESPECIFYING CHANGE IN THE SOCIAL CONTEXT
71 APPENDIX 4.B: MODELING CHANGE IN OUTCOMES WITH FULLY PREDETERMINED
PROBABILISTIC RULES 72 5 IMPERFECT KNOWLEDGE ECONOMICS OF SUPPLY AND
DEMAND 74 FULLY PREDETERMINED REPRESENTATIONS OF SUPPLY AND DEMAND 76
SUPPLY AND DEMAND ANALYSIS IN CONTEMPORARY MODELS 79 HISTORY AS THE
FUTURE AND VICE VERSA 81 SUPPLY AND DEMAND ANALYSIS IN IKE MODELS 82
IRREVERSIBILITY OF HISTORY IN IKE MODELS 86 PART II ANOMALIES IN
CONTEMPORARY MODELS OF CURRENCY MARKETS 89 6 THE OVERREACH OF
CONTEMPORARY MODELS OF ASSET MARKETS 91 DESCRIBING FORECASTING BEHAVIOR
92 FULLY PREDETERMINED REPRESENTATIONS OF FORECASTING STRATEGIES AND
THEIR REVISIONS 93 MODELING ECONOMIC CHANGE WITH A TIME-INVARIANT
STRUCTURE 96 MODELS WITH FULLY PREDETERMINED CHANGES IN STRUCTURE 101
CONTENTS PRESPECIFYING COLLECTIVE BELIEFS IN CURRENCY MARKETS: BUBBLE
MODELS 104 APPENDIX 6.A: A CONVENTIONAL MACROECONOMIC MODEL 107 THE
PUZZLING BEHAVIOR OF EXCHANGE RATES: LOST FUNDAMENTALS AND LONG SWINGS
113 EXCHANGE RATES AND MACROECONOMIC FUNDAMENTALS: THE FUTILE SEARCH FOR
A FULLY PREDETERMINED RELATIONSHIP 114 THE EXCHANGE RATE DISCONNECT
PUZZLE: AN ARTIFACT OF THE CONTEMPORARY APPROACH 120 MACROECONOMIC
FUNDAMENTALS OVER LONG HORIZONS: SELF-LIMITING LONG SWINGS 121 CAN REH
MODELS EXPLAIN LONG SWINGS IN EXCHANGE RATES? 126 REH BUBBLE MODELS AND
THE PATTERN OF LONG SWINGS IN REAL WORLD MARKETS 131 LOST FUNDAMENTALS
AND FORSAKEN RATIONALITY: BEHAVIORAL MODELS 134 ANOMALOUS RETURNS ON
FOREIGN EXCHANGE: IS IT REALLY IRRATIONALITY? 138 THE RECORD ON FOREIGN
EXCHANGE RETURNS 140 AN REH RISK PREMIUM? 144 IS IRRATIONALITY THE
ANSWER? 147 THE FORWARD-DISCOUNT ANOMALY : ANOTHER ARTIFACT OF THE
CONTEMPORARY APPROACH 151 PART III IMPERFECT KNOWLEDGE ECONOMICS OF
EXCHANGE RATES AND RISK 153 MODELING PREFERENCES IN ASSET MARKETS:
EXPERIMENTAL EVIDENCE AND IMPERFECT KNOWLEDGE S 155 PROSPECT THEORY AND
SPECULATIVE DECISIONS 159 ENDOGENOUS LOSS AVERSION AND LIMITS TO
SPECULATION 167 EXPERIMENTAL EVIDENCE AND BEHAVIORAL FINANCE MODELS 170
MOVING BEYOND BEHAVIORAL FINANCE MODELS 173 IKE REPRESENTATIONS OF
PREFERENCES IN ASSET MARKETS: INDIVIDUAL UNCERTAINTY PREMIUMS 176
IMPERFECT KNOWLEDGE AND PREFERENCES OVER GAMBLES: ENDOGENOUS PROSPECT
THEORY 179 APPENDIX 9.A: LIMITS TO SPECULATION UNDER ENDOGENOUS LOSS
AVERSION 180 X CONTENTS 10 MODELING INDIVIDUAL FORECASTING STRATEGIES
AND THEIR REVISIONS 183 THEORIES CONSISTENT EXPECTATIONS HYPOTHESIS 185
IKE REPRESENTATIONS OF REVISIONS: AN OVERVIEW 191 TREND RESTRICTION 192
CONSERVATIVE REVISIONS 194 REVISIONS OF THE EXPECTED UNIT LOSS 197 11
BULLS AND BEARS IN EQUILIBRIUM: UNCERTAINTY-ADJUSTED UNCOVERED INTEREST
PARITY 203 MOMENTARY EQUILIBRIUM IN THE FOREIGN EXCHANGE MARKET 204
EQUILIBRIUM UNDER RISK AVERSION 205 UNCERTAINTY-ADJUSTED UIP 210 12 IKE
OF THE PREMIUM ON FOREIGN EXCHANGE: THEORY AND EVIDENCE 218 AN IKE HOUSE
MONEY MODEL: TIME-VARYING PREFERENCES 220 AN IKE GAP PLUS MODEL:
AUTONOMOUS REVISIONS IN FORECASTING STRATEGIES 223 CONFRONTING THE GAP
PLUS AND HOUSE MONEY MODELS WITH TIME-SERIES DATA 225 THE GAP PLUS MODEL
AND THE FREQUENCY OF SIGN REVERSALS 238 AVOIDING THE PRESUMPTION OF
GROSS IRRATIONALITY 241 APPENDIX 12.A 242 13 THE FORWARD DISCOUNT
ANOMALY : THE PERIL OF FULLY PRESPECIFYING MARKET EFFICIENCY 243
BILSON-FAMA REGRESSION AND THE FORWARD DISCOUNT ANOMALY 245 STRUCTURAL
INSTABILITY OF THE BF REGRESSION AND THE GAP PLUS MODEL 246 BF
REGRESSION AND MARKET EFFICIENCY 252 14 IMPERFECT KNOWLEDGE AND LONG
SWINGS IN THE EXCHANGE RATE 258 A MONETARY MODEL 260 INVARIANT
REPRESENTATIONS AND AN UNBOUNDED SWING AWAY FROM PPP 266 FIXED POLICY
RULES AND INVARIANT REPRESENTATIONS? 272 AN IKE MODEL OF EXCHANGE RATE
SWINGS 272 CONVENTIONAL AND BEHAVIORAL VIEWS OF REVERSALS 278 IMPERFECT
KNOWLEDGE AND SELF-LIMITING LONG SWINGS 279 APPENDIX 14.A: SOLUTION WITH
AN INVARIANT REPRESENTATION 283 APPENDIX 14.B: EXCHANGE RATE SWINGS AND
STICKY GOODS PRICES 283 CONTENTS XI 15 EXCHANGE RATES AND MACROECONOMIC
FUNDAMENTALS: ABANDONING THE SEARCH FOR A FULLY PREDETERMINED
RELATIONSHIP 292 STRUCTURAL CHANGE IN THE CAUSAL MECHANISM 295
MACROECONOMIC FUNDAMENTALS AND THE EXCHANGE RATE IN THE 1970S 297 ARE
THE MONETARY MODELS CONSISTENT WITH EMPIRICAL EVIDENCE? 304
MACROECONOMIC FUNDAMENTALS AND THE EXCHANGE RATE IN THE 1980S 309
APPENDIX 15.A: DESCRIPTION OF DATA 312 REFERENCES 313 INDEX 331
Imperfect
Knowledge
Economies
Exchange
Rates
and Risk
Roman Frydman
Michael D. Goldberg
Foreword by Edmund S. Phelps
Posing a major challenge to economic ortho¬
doxy, Imperfect Knowledge Economics asserts
that exact models of purposeful human behav¬
ior are beyond the reach of economic analysis.
Roman Frydman and Michael Goldberg argue
that the longstanding empirical failures of con¬
ventional economic models stem from their
futile efforts to make exact predictions about
the consequences of rational, self-interested
behavior. Such predictions, based on mecha¬
nistic models of human behavior, disregard
the importance of individual creativity and
unforeseeable sociopolitical change. Scientific
though these explanations may appear, they
usually fail to predict how markets behave.
And, the authors contend, recent behavioral
models of the market are no less mechanistic
than their conventional counterparts: they aim
to generate exact predictions of irrational
human behavior.
Frydman and Goldberg offer a long-overdue
response to the shortcomings of conventional
economic models. Drawing attention to the in¬
herent limits of economists knowledge, they
introduce a new approach to economic analy¬
sis: Imperfect Knowledge Economics (IKE).
IKE rejects exact quantitative predictions of
individual decisions and market outcomes
in favor of mathematical models that gener¬
ate only qualitative predictions of economic
change. Using the foreign exchange market
as a testing ground for IKE, this book sheds
new light on exchange-rate and risk-premium
movements, which have confounded conven¬
tional models for decades.
Offering a fresh way to think about markets
and representing a potential turning point in
economics. Imperfect Knowledge Economics
will be essential reading for economists, poli¬
cymakers, and professional investors.
Roman Frydman is professor of economics at New
York University and the coauthor or
coeditor
of many
books, including Individual Forecasting and Aggregate
Outcomes: Rational Expectations
Examined.
Michael D. Goldberg is associate professor of
economics at the University of New Hampshire. His
articles on international finance and macroeconomics
have appeared in Economic Journal and Journal of
International Money and Finance.
Jacket art: W. Jan Zakrzewski. Three Battlefields
[Chaeronea
338
ВС.
Tannenberg HlO.Austerlitz 18051,
2005.
oil on canvas,
73
χ
92
cm. Courtesy of the artist.
To receive emails about new books in your area of interest.
sign up at press.princeton.edu
|
| adam_txt |
IMPERFECT KNOWLEDGE ECONOMICS PRINCETON UNIVERSITY PRESS PRINCETON AND
OXFORD CONTENTS FOREWORD BY EDMUND S. PHELPS XIII ACKNOWLEDGMENTS XXI
LIST OF ABBREVIATIONS XXIII PART I FROM EARLY MODERN ECONOMICS TO
IMPERFECT KNOWLEDGE ECONOMICS 1 1 RECOGNIZING THE LIMITS OF ECONOMISTS'
KNOWLEDGE 3 THE OVERREACH OF CONTEMPORARY ECONOMICS 3 THE AIM OF THIS
BOOK 6 CONTEMPORARY MODELS IN A WORLD OF IMPERFECT KNOWLEDGE 8 THE
NON-FULLY INTELLIGIBLE INDIVIDUAL 13 IKE MODELS " 14 IKE OF EXCHANGE
RATES AND RISK 20 IMPERFECT KNOWLEDGE AND POLICY ANALYSIS 23 FROM
CONTEMPORARY ECONOMICS TO IMPERFECT KNOWLEDGE ECONOMICS 24 2 A TRADITION
INTERRUPTED 26 THE STRANGLEHOLD OF THE CONTEMPORARY APPROACH 27 THE
NON-FULLY INTELLIGIBLE INDIVIDUAL IN EARLY MODERN ECONOMICS 34
JETTISONING INSIGHTS FROM EARLY MODERN ANALYSIS 38 VIII CONTENTS 3
FLAWED FOUNDATIONS: THE GROSS IRRATIONALITY OF "RATIONAL EXPECTATIONS"
AND BEHAVIORAL MODELS 41 CONVENTIONAL AND BEHAVIORAL REPRESENTATIONS OF
PREFERENCES WITH UNCERTAIN OUTCOMES 42 SELF-INTEREST, SOCIAL CONTEXT,
AND INDIVIDUAL DECISIONS 45 INDIVIDUAL BEHAVIOR AND AGGREGATE OUTCOMES
48 FROM EARLY MODERN TO PHELPS'S MICROFOUNDATIONS 49 "RATIONAL
EXPECTATIONS": ABANDONING THE MODERN RESEARCH PROGRAM 49 DIVERSITY OF
FORECASTING STRATEGIES: THE GROSS IRRATIONALITY OF "RATIONAL
EXPECTATIONS" 51 INCONSISTENCY IN BEHAVIORAL MODELS 54 4 RECONSIDERING
MODERN ECONOMICS 58 SHARP PREDICTIONS AND FULLY PREDETERMINED
REPRESENTATIONS 60 QUALITATIVE PREDICTIONS OF CHANGE IN FULLY
PREDETERMINED MODELS 65 IKE MODELS OF CHANGE 66 IKE CAUSAL-TRANSITION
PATHS 70 APPENDIX 4.A: FULLY PRESPECIFYING CHANGE IN THE SOCIAL CONTEXT
71 APPENDIX 4.B: MODELING CHANGE IN OUTCOMES WITH FULLY PREDETERMINED
PROBABILISTIC RULES 72 5 IMPERFECT KNOWLEDGE ECONOMICS OF SUPPLY AND
DEMAND 74 FULLY PREDETERMINED REPRESENTATIONS OF SUPPLY AND DEMAND 76
SUPPLY AND DEMAND ANALYSIS IN CONTEMPORARY MODELS 79 HISTORY AS THE
FUTURE AND VICE VERSA 81 SUPPLY AND DEMAND ANALYSIS IN IKE MODELS 82
IRREVERSIBILITY OF HISTORY IN IKE MODELS 86 PART II "ANOMALIES" IN
CONTEMPORARY MODELS OF CURRENCY MARKETS 89 6 THE OVERREACH OF
CONTEMPORARY MODELS OF ASSET MARKETS 91 DESCRIBING FORECASTING BEHAVIOR
92 FULLY PREDETERMINED REPRESENTATIONS OF FORECASTING STRATEGIES AND
THEIR REVISIONS 93 MODELING ECONOMIC CHANGE WITH A TIME-INVARIANT
STRUCTURE 96 MODELS WITH FULLY PREDETERMINED CHANGES IN STRUCTURE 101
CONTENTS PRESPECIFYING COLLECTIVE BELIEFS IN CURRENCY MARKETS: BUBBLE
MODELS 104 APPENDIX 6.A: A CONVENTIONAL MACROECONOMIC MODEL 107 THE
"PUZZLING" BEHAVIOR OF EXCHANGE RATES: LOST FUNDAMENTALS AND LONG SWINGS
113 EXCHANGE RATES AND MACROECONOMIC FUNDAMENTALS: THE FUTILE SEARCH FOR
A FULLY PREDETERMINED RELATIONSHIP 114 THE EXCHANGE RATE DISCONNECT
PUZZLE: AN ARTIFACT OF THE CONTEMPORARY APPROACH 120 MACROECONOMIC
FUNDAMENTALS OVER LONG HORIZONS: SELF-LIMITING LONG SWINGS 121 CAN REH
MODELS EXPLAIN LONG SWINGS IN EXCHANGE RATES? 126 REH BUBBLE MODELS AND
THE PATTERN OF LONG SWINGS IN REAL WORLD MARKETS 131 LOST FUNDAMENTALS
AND FORSAKEN RATIONALITY: BEHAVIORAL MODELS 134 "ANOMALOUS" RETURNS ON
FOREIGN EXCHANGE: IS IT REALLY IRRATIONALITY? 138 THE RECORD ON FOREIGN
EXCHANGE RETURNS 140 AN REH RISK PREMIUM? ' 144 IS IRRATIONALITY THE
ANSWER? 147 THE FORWARD-DISCOUNT "ANOMALY": ANOTHER ARTIFACT OF THE
CONTEMPORARY APPROACH 151 PART III IMPERFECT KNOWLEDGE ECONOMICS OF
EXCHANGE RATES AND RISK 153 MODELING PREFERENCES IN ASSET MARKETS:
EXPERIMENTAL EVIDENCE AND IMPERFECT KNOWLEDGE S 155 PROSPECT THEORY AND
SPECULATIVE DECISIONS 159 ENDOGENOUS LOSS AVERSION AND LIMITS TO
SPECULATION 167 EXPERIMENTAL EVIDENCE AND BEHAVIORAL FINANCE MODELS 170
MOVING BEYOND BEHAVIORAL FINANCE MODELS 173 IKE REPRESENTATIONS OF
PREFERENCES IN ASSET MARKETS: INDIVIDUAL UNCERTAINTY PREMIUMS 176
IMPERFECT KNOWLEDGE AND PREFERENCES OVER GAMBLES: ENDOGENOUS PROSPECT
THEORY 179 APPENDIX 9.A: LIMITS TO SPECULATION UNDER ENDOGENOUS LOSS
AVERSION 180 X CONTENTS 10 MODELING INDIVIDUAL FORECASTING STRATEGIES
AND THEIR REVISIONS 183 THEORIES CONSISTENT EXPECTATIONS HYPOTHESIS 185
IKE REPRESENTATIONS OF REVISIONS: AN OVERVIEW 191 TREND RESTRICTION 192
CONSERVATIVE REVISIONS 194 REVISIONS OF THE EXPECTED UNIT LOSS 197 11
BULLS AND BEARS IN EQUILIBRIUM: UNCERTAINTY-ADJUSTED UNCOVERED INTEREST
PARITY 203 MOMENTARY EQUILIBRIUM IN THE FOREIGN EXCHANGE MARKET 204
EQUILIBRIUM UNDER RISK AVERSION 205 UNCERTAINTY-ADJUSTED UIP 210 12 IKE
OF THE PREMIUM ON FOREIGN EXCHANGE: THEORY AND EVIDENCE 218 AN IKE HOUSE
MONEY MODEL: TIME-VARYING PREFERENCES 220 AN IKE GAP PLUS MODEL:
AUTONOMOUS REVISIONS IN FORECASTING STRATEGIES 223 CONFRONTING THE GAP
PLUS AND HOUSE MONEY MODELS WITH TIME-SERIES DATA 225 THE GAP PLUS MODEL
AND THE FREQUENCY OF SIGN REVERSALS 238 AVOIDING THE PRESUMPTION OF
GROSS IRRATIONALITY 241 APPENDIX 12.A 242 13 THE FORWARD DISCOUNT
"ANOMALY": THE PERIL OF FULLY PRESPECIFYING MARKET EFFICIENCY 243
BILSON-FAMA REGRESSION AND THE FORWARD DISCOUNT "ANOMALY" 245 STRUCTURAL
INSTABILITY OF THE BF REGRESSION AND THE GAP PLUS MODEL 246 BF
REGRESSION AND MARKET EFFICIENCY 252 14 IMPERFECT KNOWLEDGE AND LONG
SWINGS IN THE EXCHANGE RATE 258 A MONETARY MODEL 260 INVARIANT
REPRESENTATIONS AND AN UNBOUNDED SWING AWAY FROM PPP 266 FIXED POLICY
RULES AND INVARIANT REPRESENTATIONS? 272 AN IKE MODEL OF EXCHANGE RATE
SWINGS 272 CONVENTIONAL AND BEHAVIORAL VIEWS OF REVERSALS 278 IMPERFECT
KNOWLEDGE AND SELF-LIMITING LONG SWINGS 279 APPENDIX 14.A: SOLUTION WITH
AN INVARIANT REPRESENTATION 283 APPENDIX 14.B: EXCHANGE RATE SWINGS AND
STICKY GOODS PRICES 283 CONTENTS XI 15 EXCHANGE RATES AND MACROECONOMIC
FUNDAMENTALS: ABANDONING THE SEARCH FOR A FULLY PREDETERMINED
RELATIONSHIP 292 STRUCTURAL CHANGE IN THE CAUSAL MECHANISM 295
MACROECONOMIC FUNDAMENTALS AND THE EXCHANGE RATE IN THE 1970S 297 ARE
THE MONETARY MODELS CONSISTENT WITH EMPIRICAL EVIDENCE? 304
MACROECONOMIC FUNDAMENTALS AND THE EXCHANGE RATE IN THE 1980S 309
APPENDIX 15.A: DESCRIPTION OF DATA 312 REFERENCES 313 INDEX 331
Imperfect
Knowledge
Economies
Exchange
Rates
and Risk
Roman Frydman
Michael D. Goldberg
Foreword by Edmund S. Phelps
Posing a major challenge to economic ortho¬
doxy, Imperfect Knowledge Economics asserts
that exact models of purposeful human behav¬
ior are beyond the reach of economic analysis.
Roman Frydman and Michael Goldberg argue
that the longstanding empirical failures of con¬
ventional economic models stem from their
futile efforts to make exact predictions about
the consequences of rational, self-interested
behavior. Such predictions, based on mecha¬
nistic models of human behavior, disregard
the importance of individual creativity and
unforeseeable sociopolitical change. Scientific
though these explanations may appear, they
usually fail to predict how markets behave.
And, the authors contend, recent behavioral
models of the market are no less mechanistic
than their conventional counterparts: they aim
to generate exact predictions of "irrational"
human behavior.
Frydman and Goldberg offer a long-overdue
response to the shortcomings of conventional
economic models. Drawing attention to the in¬
herent limits of economists' knowledge, they
introduce a new approach to economic analy¬
sis: Imperfect Knowledge Economics (IKE).
IKE rejects exact quantitative predictions of
individual decisions and market outcomes
in favor of mathematical models that gener¬
ate only qualitative predictions of economic
change. Using the foreign exchange market
as a testing ground for IKE, this book sheds
new light on exchange-rate and risk-premium
movements, which have confounded conven¬
tional models for decades.
Offering a fresh way to think about markets
and representing a potential turning point in
economics. Imperfect Knowledge Economics
will be essential reading for economists, poli¬
cymakers, and professional investors.
Roman Frydman is professor of economics at New
York University and the coauthor or
coeditor
of many
books, including Individual Forecasting and Aggregate
Outcomes: "Rational Expectations
"
Examined.
Michael D. Goldberg is associate professor of
economics at the University of New Hampshire. His
articles on international finance and macroeconomics
have appeared in Economic Journal and Journal of
International Money and Finance.
Jacket art: W. Jan Zakrzewski. Three Battlefields
[Chaeronea
338
ВС.
Tannenberg HlO.Austerlitz 18051,
2005.
oil on canvas,
73
χ
92
cm. Courtesy of the artist.
To receive emails about new books in your area of interest.
sign up at press.princeton.edu |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Frydman, Roman 1948- Goldberg, Michael D. 1958- |
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| discipline_str_mv | Wirtschaftswissenschaften |
| format | Book |
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| id | DE-604.BV022826394 |
| illustrated | Illustrated |
| index_date | 2024-07-02T18:42:09Z |
| indexdate | 2024-07-09T21:07:02Z |
| institution | BVB |
| isbn | 0691121605 9780691121604 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016031671 |
| oclc_num | 255815721 |
| open_access_boolean | |
| owner | DE-706 DE-12 DE-945 DE-19 DE-BY-UBM DE-N2 DE-188 DE-355 DE-BY-UBR DE-703 DE-2070s DE-91G DE-BY-TUM |
| owner_facet | DE-706 DE-12 DE-945 DE-19 DE-BY-UBM DE-N2 DE-188 DE-355 DE-BY-UBR DE-703 DE-2070s DE-91G DE-BY-TUM |
| physical | XXIII, 340 S. graph. Darst. |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | Princeton Univ. Press |
| record_format | marc |
| spelling | Frydman, Roman 1948- Verfasser (DE-588)136034934 aut Imperfect knowledge economics exchange rates and risk Roman Frydman ; Michael D. Goldberg Princeton [u.a.] Princeton Univ. Press 2007 XXIII, 340 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Anticipations rationnelles (Théorie économique) Change Economisch evenwicht gtt Microéconomie Onvolledige concurrentie gtt Risico's gtt Wisselkoersen gtt Équilibre (Économie politique) Equilibrium (Economics) Foreign exchange Microeconomics Rational expectations (Economic theory) Währungsrisiko (DE-588)4064157-0 gnd rswk-swf Erwartungsbildung (DE-588)4193073-3 gnd rswk-swf Wechselkursänderung (DE-588)4129405-1 gnd rswk-swf Devisenmarkt (DE-588)4139011-8 gnd rswk-swf Entscheidung bei Unsicherheit (DE-588)4070864-0 gnd rswk-swf Entscheidung bei Unsicherheit (DE-588)4070864-0 s DE-604 Devisenmarkt (DE-588)4139011-8 s Wechselkursänderung (DE-588)4129405-1 s Währungsrisiko (DE-588)4064157-0 s Erwartungsbildung (DE-588)4193073-3 s DE-188 Goldberg, Michael D. 1958- Verfasser (DE-588)112186130 aut GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016031671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016031671&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Frydman, Roman 1948- Goldberg, Michael D. 1958- Imperfect knowledge economics exchange rates and risk Anticipations rationnelles (Théorie économique) Change Economisch evenwicht gtt Microéconomie Onvolledige concurrentie gtt Risico's gtt Wisselkoersen gtt Équilibre (Économie politique) Equilibrium (Economics) Foreign exchange Microeconomics Rational expectations (Economic theory) Währungsrisiko (DE-588)4064157-0 gnd Erwartungsbildung (DE-588)4193073-3 gnd Wechselkursänderung (DE-588)4129405-1 gnd Devisenmarkt (DE-588)4139011-8 gnd Entscheidung bei Unsicherheit (DE-588)4070864-0 gnd |
| subject_GND | (DE-588)4064157-0 (DE-588)4193073-3 (DE-588)4129405-1 (DE-588)4139011-8 (DE-588)4070864-0 |
| title | Imperfect knowledge economics exchange rates and risk |
| title_auth | Imperfect knowledge economics exchange rates and risk |
| title_exact_search | Imperfect knowledge economics exchange rates and risk |
| title_exact_search_txtP | Imperfect knowledge economics exchange rates and risk |
| title_full | Imperfect knowledge economics exchange rates and risk Roman Frydman ; Michael D. Goldberg |
| title_fullStr | Imperfect knowledge economics exchange rates and risk Roman Frydman ; Michael D. Goldberg |
| title_full_unstemmed | Imperfect knowledge economics exchange rates and risk Roman Frydman ; Michael D. Goldberg |
| title_short | Imperfect knowledge economics |
| title_sort | imperfect knowledge economics exchange rates and risk |
| title_sub | exchange rates and risk |
| topic | Anticipations rationnelles (Théorie économique) Change Economisch evenwicht gtt Microéconomie Onvolledige concurrentie gtt Risico's gtt Wisselkoersen gtt Équilibre (Économie politique) Equilibrium (Economics) Foreign exchange Microeconomics Rational expectations (Economic theory) Währungsrisiko (DE-588)4064157-0 gnd Erwartungsbildung (DE-588)4193073-3 gnd Wechselkursänderung (DE-588)4129405-1 gnd Devisenmarkt (DE-588)4139011-8 gnd Entscheidung bei Unsicherheit (DE-588)4070864-0 gnd |
| topic_facet | Anticipations rationnelles (Théorie économique) Change Economisch evenwicht Microéconomie Onvolledige concurrentie Risico's Wisselkoersen Équilibre (Économie politique) Equilibrium (Economics) Foreign exchange Microeconomics Rational expectations (Economic theory) Währungsrisiko Erwartungsbildung Wechselkursänderung Devisenmarkt Entscheidung bei Unsicherheit |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016031671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016031671&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
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