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2 produkter
Exchange Rate Volatility, Trade, and Capital Flows under Alternative Exchange Rate Regimes
Av Piet Sercu, Raman Uppal m. fl.
Häftad, 2006
557 kr
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Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets' …
Reconstructing Macroeconomics
A Perspective from Statistical Physics and Combinatorial Stochastic Processes
Av Masanao Aoki, Hiroshi Yoshikawa m. fl.
Häftad, 2011
754 kr
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In this book, the authors treat macroeconomic models as composed of large numbers of micro-units or agents of several types and explicitly discuss stochastic dynamic and combinatorial aspects of interactions among them. In mainstream macroeconomics sound microfoundations for macroeconomics have …
