Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.Richard Coopera#39;s insights are, in that regard, more relevant than those derived from the model of a flexible exchange rate working in a free market. ... floating rates (with discrete but hopefully small changes in rates at frequent but uncertain intervals) on the basis of aquot;presumptive rules of adjustment. ... In fact, appreciation was relatively slow until the announcement of the oil embargo. ... in the foreign exchange market. minished and it seemed evident by January that the initiative VOL.
|Title||:||The American Economic Review|