{"product_id":"the-impact-of-price-uncertainty-a-study-of-brazilian-exchange-rate-policy-9781138633629","title":"The Impact of Price Uncertainty: A Study of Brazilian Exchange Rate Policy","description":"\u003cp\u003e • Author(s): Donald V. Coes\u003cbr\u003e • Publisher: Taylor \u0026amp; Francis\u003cbr\u003e • Publisher Imprint: Routledge\u003cbr\u003e • BISAC: Economic History\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOriginally published in 1979. This book addresses three questions regarding uncertainty in economic life: how do we define uncertainty and use the concept meaningfully to provide conclusions; how can the level of uncertainty associated with a particular variable of economic interest be measured; and does experience provide any support for the view that uncertainty really matters. It develops a theory of the effect of price uncertainty on production and trade, takes a graphical approach to look at effects of a mean preserving spread to create rules for ordering distributions, and finishes with an econometric analysis of the effects of Brazil's adoption of a crawling peg in reducing real exchange rate uncertainty. This is an important early study into the significance of uncertainty.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Hardcover","offer_id":45238132146327,"sku":"9781138633629","price":10376.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781138633629.webp?v=1769218735","url":"https:\/\/atlanticbooks.com\/products\/the-impact-of-price-uncertainty-a-study-of-brazilian-exchange-rate-policy-9781138633629","provider":"Atlantic Books","version":"1.0","type":"link"}