Titlebook: Recent Trends in Algebraic Development Techniques; 23rd IFIP WG 1.3 Int Phillip James,Markus Roggenbach Conference proceedings 2017 IFIP In

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Jan A. Bergstra,Alban Ponsend foreign trade growth. Higher PTE implies greater dependence of an open economy on external shocks in the world market and higher volatility of domestic prices due to changes in the exchange rate. Therefore, the government authorities should know the degree of PTE to forecast domestic inflation an

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Einar Broch Johnsen,Martin Steffen,Johanna Beate Stumpfnd foreign trade growth. Higher PTE implies greater dependence of an open economy on external shocks in the world market and higher volatility of domestic prices due to changes in the exchange rate. Therefore, the government authorities should know the degree of PTE to forecast domestic inflation an

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Hubert Garaveltion causes a loss in competitiveness or reflects the improvements in it (see also Frait and Komârek (1999, 2001)). The real exchange rate misalignments may be rather costly. Both overvalued and undervalued currencies have their negative implications. From policymakers’ perspective, the risks implie

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Till Mossakowski,Florian Rabe,Mihai Codescue sticky, expansionary monetary policy can increase the level of activity in the domestic economy if a country is faced with a recession. Similarly, monetary policy can be used to cool down an overheating economy. The issue of to what extent that monetary policy can affect any real variables is not

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Christoph Rauch,Sergey Goncharov,Lutz Schrödersure is to cease being an exporter. Those kinds of issues will be discussed in Chapter 9. For now take the commercial cash flows as given. Should a firm strive to lower exposure by the use of financial instruments? There are some relevant reasons for doing this. Most observers agree that hedging of