Bøger af Eelke de Jong

Covers the history of culture in economics from Adam Smith onwards. This book also covers the way culture is incorporated into economic analysis; methods used in empirical analysis on culture and economics; and culture as an explanatory factor of cross-country difference in institutions and performance.

1.1 Some characteristics of the floating exchange rate system The flexible exchange rate system has functioned far less satisfactorily than many anticipated in 1973, when the major industrialized countries decided to let their currencies float.