The Role Of Private Financial Wealth In A Portfolio Model
Author(s)
A. Calderon-Madrid
A. Calderon-Madrid
This Book Considers The Implications For The Dynamics Of The Exchange Rate And Private Financial Wealth. In A Model In Which Fiscal Imbalances Are Allowed To Change The Level Of Domestic Public Indebtedness. The Analysis Raises The Possibility Of An Initial Appreciation Followed By A Depreciation And A Final Exchange Rate Appreciation. It Also Highlights The Importance That Adjustments In The Stock Of Privately-held Financial Assets Have For The Determination And Speed Of Medium-run Effects Of Shocks To The Economy.
| Name in long format: | The Role Of Private Financial Wealth In A Portfolio Model |
|---|---|
| ISBN-10: | 0230375545 |
| ISBN-13: | 9780230375543 |
| Book pages: | 126 |
| Book language: | en |
| Publisher: | Springer |
