Titlebook: Jahrbuch der Hafenbautechnischen Gesellschaft; Arved Bolle,Reinhart Kühn Conference proceedings 1975 Springer-Verlag. Berlin/ Heidelberg 1

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Helmut Schützir obligations to defend the fixed parities of bilateral exchange rates. Nev­ ertheless, since then there have been countless occasions on which monetary authorities have officially intervened in the foreign exchange market. More­ over, numerous studies indicate that exchange rates have been much mo

GLIB

Karl Springe writing of that essay we have witnessed the breakdown of the Bretton Woods system of fixed but adjustable exchange rates and its replacement by a system of floating which was formally legitimised at Jamaica in 1976. While this system has never resembled a pure ‘clean float’ as some advocates would

Criteria

Wilhelm Wortmanne writing of that essay we have witnessed the breakdown of the Bretton Woods system of fixed but adjustable exchange rates and its replacement by a system of floating which was formally legitimised at Jamaica in 1976. While this system has never resembled a pure ‘clean float’ as some advocates would

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Burkart Rümelin frequency exchange rate changes? Is itpossible to define a measure of the equilibrium exchange rate that isuseful from an assessment perspective? .The book is a selective survey of current thinking on key topics inexchange rate economics, supplemented throughout by new empiricalevidence. The focus

ARCHE

Werner Berger frequency exchange rate changes? Is itpossible to define a measure of the equilibrium exchange rate that isuseful from an assessment perspective? .The book is a selective survey of current thinking on key topics inexchange rate economics, supplemented throughout by new empiricalevidence. The focus

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Caspar Dütemeyer in the nominal money supply led to changes in aggregate demand, employment and output in the short run because of nominal rigidities in wages and prices, but in the longer-run changes in the money supply led to sustained changes in the price level, rather than in real output. In the early 1970s thi

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Cumulus

Karl-Otto Hördemann in the nominal money supply led to changes in aggregate demand, employment and output in the short run because of nominal rigidities in wages and prices, but in the longer-run changes in the money supply led to sustained changes in the price level, rather than in real output. In the early 1970s thi

MAUVE

Gerhard Wiedemannntals. In an attempt to provide an answer to this question, two main definitions of the equilibrium exchange rate have been widely used (Clark, 1996). The first characterizes the equilibrium exchange rate as a desirable real exchange rate consistent with an ideal macroeconomic performance establishi

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