美国代写assignment：货币模型的汇率
美国代写assignment：货币模型的汇率
对货币模型的汇率决定有一些假设。这些是
包括工资在内的所有价格都是灵活的
经济主体是理性的
汇率被视为资产价格
外国和国内商品是完全可替代的
实际需求是实际收入和现行利率的函数
货币市场处于不断的均衡状态
实际收入，实际利率和货币供应量是外生的
资本市场流动性好
基于上述假设，可以说它认为利率或汇率不影响债券供应，因为国内和国外债券是相互完美的替代品。可以说，上面提到的假设对于所有的宏观经济模型都是经典的。进一步的一些假设可以说是合理的，因为这种调整可以很快发生。实际收入，实际利率和货币供给是外生的，是经典模型的标准假设。这些模型基于这些在20世纪70年代相当现实的模型。然而，可以说，随着国际贸易和汇率变动的活力增加，复杂性的复杂性可能会增加，这些假设可能是无效的，但是由于所有因素相互依赖，这些假设可能是正确的一定的水平。这两个主要假设与PPP和稳定的货币需求函数有关。重要的是要注意，除了另一个这两个假设是相当现实的，因为这是这个模型的基础，模型的结果将不会有太大的变化。然而，根据其他假设的适用性，可能需要进行适当的调整。
美国代写assignment：货币模型的汇率
There are certain assumptions that have been made for the exchange rate determination by monetary model. These are
All prices including the wages are flexible
Economic agents are rational
The exchange rate is considered as an asset price
Foreign and Domestic goods are perfectly substitutable
Real demand is a function of real income and the prevailing interest rates
The money market is in equilibrium continuously
Real income, real interest rate and the money supply is exogenous
Perfect mobility of the capital market
Based on the above assumptions it can be said that it considers that the interest rate or the exchange rate does not effects the bond supplies as domestic and foreign bonds are the perfect substitutes of each other. It can be said that the assumptions that have been mentioned above were classical to all the macroeconomic models. Further a few assumptions can be said to be reasonable as the adjustments can take place quite rapidly. Real income, real interest rate and the money supply is exogenous is standard assumption of the classical model. The models have been framed based on these models that were quite realistic in the 1970s. However it can be said that with the increased dynamism of the international trade and exchange rate movement the complexity might increase in the complexity these assumptions might not be valid but with the dependency of all the factors on each other shows that the assumptions might be correct to a certain level. The two major assumptions are related to PPP and stable monetary demand function. It is important to note that apart from the other these two assumptions are quite realistic and as these are the base of this model there won’t be much change in the results of the model. However suitable adjustments may be required depending on the applicability of the other assumptions.
