Browsing The Economic and Social Review, Vol. 22, No. 1, October, 1990 by Subject "exchange rates"
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Exchange rates, capital, output and debt when nominal interest rates are policy parameters
(Economic & Social StudiesDublin, 1990)Recent years have witnessed a growing number of attempts to reduce inflation by a policy of raising nominal interest rates. Since 1988, such measures have been particularly pronounced in Australia, Canada and the United ... -
Speculative rational expectations' exchange rate dynamics with risk averse wealth owners and a monetary authority averse to exchange rate variability
(Economic & Social StudiesDublin, 1990)In the analysis to follow an important aspect of speculative exchange rate movements is examined in isolation from macroeconomic feedback effects. The over-riding objective here is to investigate the effect of adherence ...