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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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Chicago :
University of Chicago Press,
1988.
|
| Schriftenreihe: | National Bureau of Economic Research project report.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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, disrupting normal trading relations and causing shifts in employment and output. Many of the largest changes are not equilibrium adjustments to real disturbances but represent instead sustained departures from long-run equilibrium levels, with real exchange rates remaining "misaligned" for years a |
| Beschreibung: | "Proceedings of a conference ... sponsored by the National Bureau of Economic Research and held in Cambridge, Massachusetts, on 7-8 May, 1987"--Preface |
| Beschreibung: | 1 online resource (x, 318 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and indexes. |
| ISBN: | 0226507254 9780226507255 |
Internformat
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| 505 | 0 | |a 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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| contents | 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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| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| publisher | University of Chicago Press, |
| record_format | marc |
| series | National Bureau of Economic Research project report. |
| series2 | National Bureau of Economic Research project report |
| spelling | Misalignment of exchange rates : effects on trade and industry / edited by Richard C. Marston. Chicago : University of Chicago Press, 1988. 1 online resource (x, 318 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 text file rdaft http://rdaregistry.info/termList/fileType/1002 National Bureau of Economic Research project report "Proceedings of a conference ... sponsored by the National Bureau of Economic Research and held in Cambridge, Massachusetts, on 7-8 May, 1987"--Preface Includes bibliographical references and indexes. Print version record. 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. 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, disrupting normal trading relations and causing shifts in employment and output. Many of the largest changes are not equilibrium adjustments to real disturbances but represent instead sustained departures from long-run equilibrium levels, with real exchange rates remaining "misaligned" for years a Foreign exchange Congresses. Change Congrès. BUSINESS & ECONOMICS Foreign Exchange. bisacsh Foreign exchange fast Internationale monetaire politiek. gtt Wisselkoersen. gtt Handel. gtt Industrie. gtt Taux de change Congrès. ram Change, problème du Congrès. ram Economic conditions Effects of variation in foreign exchange rates Congress https://id.nlm.nih.gov/mesh/D016423 Computer network resources. proceedings (reports) aat Conference papers and proceedings fast Conference papers and proceedings. lcgft http://id.loc.gov/authorities/genreForms/gf2014026068 Actes de congrès. rvmgf Marston, Richard C. http://id.loc.gov/authorities/names/n82277047 National Bureau of Economic Research. http://id.loc.gov/authorities/names/n79139286 has work: Misalignment of exchange rates (Text) https://id.oclc.org/worldcat/entity/E39PCFFMddwhPtjBtCtJRDmDFX https://id.oclc.org/worldcat/ontology/hasWork Print version: Misalignment of exchange rates. Chicago : University of Chicago Press, 1988 (DLC) 87037387 National Bureau of Economic Research project report. http://id.loc.gov/authorities/names/n83729162 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=228239 Volltext |
| spellingShingle | Misalignment of exchange rates : effects on trade and industry / National Bureau of Economic Research project report. 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. Foreign exchange Congresses. Change Congrès. BUSINESS & ECONOMICS Foreign Exchange. bisacsh Foreign exchange fast Internationale monetaire politiek. gtt Wisselkoersen. gtt Handel. gtt Industrie. gtt Taux de change Congrès. ram Change, problème du Congrès. ram |
| subject_GND | https://id.nlm.nih.gov/mesh/D016423 http://id.loc.gov/authorities/genreForms/gf2014026068 |
| title | Misalignment of exchange rates : effects on trade and industry / |
| title_auth | Misalignment of exchange rates : effects on trade and industry / |
| title_exact_search | Misalignment of exchange rates : effects on trade and industry / |
| title_full | Misalignment of exchange rates : effects on trade and industry / edited by Richard C. Marston. |
| title_fullStr | Misalignment of exchange rates : effects on trade and industry / edited by Richard C. Marston. |
| title_full_unstemmed | Misalignment of exchange rates : effects on trade and industry / edited by Richard C. Marston. |
| title_short | Misalignment of exchange rates : |
| title_sort | misalignment of exchange rates effects on trade and industry |
| title_sub | effects on trade and industry / |
| topic | Foreign exchange Congresses. Change Congrès. BUSINESS & ECONOMICS Foreign Exchange. bisacsh Foreign exchange fast Internationale monetaire politiek. gtt Wisselkoersen. gtt Handel. gtt Industrie. gtt Taux de change Congrès. ram Change, problème du Congrès. ram |
| topic_facet | Foreign exchange Congresses. Change Congrès. BUSINESS & ECONOMICS Foreign Exchange. Foreign exchange Internationale monetaire politiek. Wisselkoersen. Handel. Industrie. Taux de change Congrès. Change, problème du Congrès. Congress Computer network resources. proceedings (reports) Conference papers and proceedings Conference papers and proceedings. Actes de congrès. |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=228239 |
| work_keys_str_mv | AT marstonrichardc misalignmentofexchangerateseffectsontradeandindustry AT nationalbureauofeconomicresearch misalignmentofexchangerateseffectsontradeandindustry |