TITLE

RESOURCE ALLOCATION UNDER ALTERNATIVE EXCHANGE RATE SYSTEMS: A COMMENT

AUTHOR(S)
Wood, Geoffrey E.
PUB. DATE
April 1973
SOURCE
Southern Economic Journal;Apr73, Vol. 39 Issue 4, p650
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Comments on the article of Harold Williams on resource allocation under alternative exchange rate systems. Comparison of resource cost between adjustable and crawling peg; Elimination of balance of payments by exchange rate adjustment; Effects of exchange rate adjustment on factors of production.
ACCESSION #
5194223

 

Related Articles

  • Regional Exchange Rates.  // Africa Monitor: Southern Africa;Oct2002, Vol. 7 Issue 10, p11 

    Presents an outlook of the exchange rates in Southern Africa. Maintenance of Zimbabwe's peg; Rise in the black market rate; Role of balance of payments in the downward pressure on the rand.

  • Current and capital account interdependence. Fausten, Dietrich K. // Journal of Post Keynesian Economics;Winter89/90, Vol. 12 Issue 2, p273 

    Explores the potential usefulness of an integrated approach to the exchange rate and balance of payments. Strategic features of partitioned asset markets; Intersectoral interaction in financial transactions; External balance consequences of portfolio adjustments.

  • The Real Exchange Rate in the Philippines. Daquila, Teofilo C. // ASEAN Economic Bulletin;Jul89, Vol. 6 Issue 1, p71 

    The paper analyses the real exchange rate (RER) in the Philippines during the 1967-84 period. It uses the tradable/non-tradable framework, It concludes that: (1) the tradable/non-tradable framework is relevant in analysing the real exchange rate in the Philippines; (2) a significant relationship...

  • A STOCHASTIC EQUILIBRIUM MODEL OF AN OPEN ECONOMY UNDER FLEXIBLE EXCHANGE RATES. Barro, Robert J. // Quarterly Journal of Economics;Feb78, Vol. 92 Issue 1, p149 

    Analyzes the determination of the exchange rate and the balance of payments in a small economy or flexible exchange rate model that focuses on the effects of monetary disturbances. Setup of the model; Determination of the exchange rate and the expected future exchange rate; Effects of exogenous...

  • RESOURCE ALLOCATION UNDER ALTERNATIVE EXCHANGE RATE SYSTEMS. Williams, Harold R. // Southern Economic Journal;Apr72, Vol. 38 Issue 4, p566 

    Focuses on the role of resource allocation and utilization in determining the effectiveness of exchange rate changes. Variations of the intensity of resource effects; Effect of exchange systems on investment; Determinants of resource allocation.

  • The Impact of Exchange-Rate Policy on the Development of Industrial Competitiveness. Csermely, Agnes // Russian & East European Finance & Trade;Nov/Dec94, Vol. 30 Issue 6, p6 

    Focuses on the relationship between exchange rate policy and changes in the competitiveness of manufactured goods in Hungary. Disadvantage of fixed exchange rates; Problem of low foreign exchange reserves; Comparison between the trends for indicators of domestic production and exports, imports...

  • EGYPT BUSINESS FORECAST REPORT: INCLUDES 10-YEAR FORECAST TO 2022.  // Egypt Business Forecast Report;2013 3rd Quarter, Issue 3, preceding p1 

    The article discusses several topics which includes Egypt Business Forecast Reports, Balance of Payments and Exchange Rate Policy.

  • RESOURCE ALLOCATION UNDER ALTERNATIVE EXCHANGE RATE SYSTEMS: REPLY. Williams, Harold R. // Southern Economic Journal;Apr73, Vol. 39 Issue 4, p651 

    Replies to the comment of Geoffrey Wood of an article on resource allocation under alternative exchange rate systems. Minimization of cost of adjustment; Dimensions of elasticity; Assessment of the stability of profit in the foreign trade sector.

  • The Exchange Regime, Resource Allocation, and Uncertainty. Enders, Walter; Lapan, Harvey E. // Southern Economic Journal;Apr81, Vol. 47 Issue 4, p924 

    In our recent paper in this journal [2], we argued that there is greater pressure for resource movements between sectors with fixed rates than with flexible rates. Although resource allocations were assumed to be exogenous, it was shown that price formation of nontraded goods is fundamentally...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics