Anticipated Real Exchange rate Changes and the Dynamics of Investment is popular PDF and ePub book, written by Luis Serven in 1990, it is a fantastic choice for those who relish reading online the Foreign exchange rates genre. Let's immerse ourselves in this engaging Foreign exchange rates book by exploring the summary and details provided below. Remember, Anticipated Real Exchange rate Changes and the Dynamics of Investment can be Read Online from any device for your convenience.
Anticipated Real Exchange rate Changes and the Dynamics of Investment Book PDF Summary
Unanticipated changes in the real exchange rate affect investment through their impact on the desired capital stock, whose direction depends on a number of factors and is in general ambiguous. In contrast, anticipated changes can also have an important effect on the optimal timing of investment, in a direction that depends on the financial openness of the economy and on the important content of capital goods. This issue is explored using a simple macroeconomic model.
Detail Book of Anticipated Real Exchange rate Changes and the Dynamics of Investment PDF
- Author : Luis Serven
- Release : 21 September 1990
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Foreign exchange rates
- Total Page : 54 pages
- Language : English
- PDF File Size : 12,9 Mb
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