Uncertainty, price stabilization and welfare.

The welfare of an open economy heavily reliant on foreign trade can be significantly affected by foreign price instability. An investigation considered whether a domestic price stabilization policy can improve such an economy's welfare under unstable foreign price conditions. The condition for ben...

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Publicado en:	Southern Economic Journal Vol. 57; pp. 789 - 798
Autores principales:	Choi, E. Kwan, Johnson, Stanley R.
Formato:	Artículo
Publicado:	Southern Economic Association January 1991
Materias:	Commercial products Prices Welfare economics Price regulation Mathematical models of pricing Buffer stocks Commercial policy Mathematical models of marketing Uncertainty Economics
Acceso en línea:	Ver este registro en EBSCOhost