Detail Hysteresis and The Duration of The J-Curve   Oleh:  Dixit, Avinash Jenis: Article from Bulletin/Magazine Dalam koleksi: JAPAN AND THE WORLD ECONOMY vol. 6 no. 2 (1994), page 105-116. Topik: DURATION ANALYSIS; hysteresis; duration; J - curve Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ47.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The hysterisis concept suggests that the trade volume will respond when the exchange rate reaches a certain threshold. The expected time lag depends on the parameters of the stochastic process of the rate, and its initial position. The experience of Yen - Dollar fluctuations and Japan - US trade imbalances in the 1980s is examined in the light of this theory. The special feature distinguishing the 1985 – 1987 experience is found to be the high initial value of the dollar, far above the threshold for trade response. A reinterpretation of the J - curve concept to allow variable lags is suggested. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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