Titlebook: Exchange Rate Rules; The Theory, Performa John Williamson Book 1981 Palgrave Macmillan, a division of Macmillan Publishers Limited 1981 eco

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Janne Bengtsson,Heikki Setälä,David W. Zhengs that purchasing power parity (hereafter PPP) be used as a measure of the long-run equilibrium level of exchange rates and, furthermore, that central banks manage exchange rates in such a way as to remove much of the observed short-run fluctuation around PPP. A particular version of such a policy w

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Apple Pomace as a Source of Nutraceuticals,ory, which now abounds with comparisons of behaviour under uncertainty with the predictions of traditional non-stochastic models (Batra, 1975; Brainard and Cooper, 1968; Helpman and Razin, 1978; Kemp and liviatan, 1973; Mayer, 1975; Ruffin 1974a and 1974b; and Turnovsky, 1974). Despite the generally

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Agriculture System and Agrobiodiversity,rious exchange rate policies, during the period following the generalised floating of the major currencies in 1973. During the last decade considerable theoretical and empirical research has been done in the area of price and exchange rate stability and the effectiveness of macroeconomic policy unde

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https://doi.org/10.1007/978-3-031-10964-5Since 1965 Chile has twice implemented exchange rate policies that belong to the family of crawling peg approaches. First, between April 1965 and July 1970; subsequently, from October 1973 to June 1979.

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https://doi.org/10.1007/978-1-4899-1837-6Peru has experimented with various exchange rate systems. Up to 1976, when she first adopted the crawling peg, fixed exchange rates were favoured for many years; as devaluations were only admitted as a last resort, when they did come they came in big steps, as was the case in October 1975 and in June 1976.