Results 11 to 20 of about 644,709 (349)
Assessing China's exchange rate regime [PDF]
The IMF Articles of Agreement forbid a country from manipulating its currency for unfair advantage. The US Treasury has been legally required since 1988 to report to Congress biannually regarding whether individual trading partners are guilty of manipulation.
Jeffrey A. Frankel, Shang-Jin Wei
openaire +4 more sources
Pegged Exchange Rate Regimes - A Trap? [PDF]
We analyze the role of an exchange rate peg as a commitment mechanism to achieve inflation stability when multiple equilibria are possible. We show that there are ex ante large gains from choosing a more conservative regime not only in order to mitigate inflation bias from time inconsistency but also to avoid high inflation equilibria.
Aizenman, Joshua, Glick, Reuven
core +8 more sources
EXCHANGE RATE REGIMES AND TRADE [PDF]
A ‘new version’ of the gravity model is used to estimate the effect of a full range of de facto exchange rate regimes on bilateral trade. The results indicate that, while participation in a common currency union is typically strongly ‘pro‐trade’, other exchange rate regimes which lower the exchange rate uncertainty and transactions costs associated ...
Christopher Adam, David Cobham
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Macroeconomic Performance in Different Exchange Rate Regimes: An Estimated DSGE Approach [PDF]
Selection of exchange rate regime and its consequences, is one of the major issues in international finance. Dependence of Iran to oil export revenues gives an important role to exchange rate policy in the economy.
Hossein Tavakolian +1 more
doaj +1 more source
Choice of an Exchange Rate Regime: the Role of Optimum Currency Area Theory
This lecture deals with the problem of the choice of exchange rate regime for fiat and fully convertible currencies. We begin with a review of different types of exchange rate regimes and discuss the difference between de jure and de facto regimes.
Julius Horvath
doaj +2 more sources
Ukrainian hryvnia under the floating exchange rate regime: diagnostics of the USD/UAH exchange rate dynamics [PDF]
The study identifies the features of the USD/UAH exchange rate dynamics for the period from January 2014 to May 2020. The main purpose of the empirical analysis is to determine the current trend of the USD/UAH exchange rate (is it random or permanent ...
Anzhela Ignatyuk +3 more
doaj +1 more source
Comparing the different types of Markov switching model for Euro to Iran Rial exchange rate [PDF]
According to the rule of equality of equal prices, the price of a foreign commodity within a country depends on the price of the commodity at the origin as well as the exchange rate of that country.
Mahdi Pourrafiee +3 more
doaj +1 more source
This study examined the insulation properties of flexible exchange rate regime and fixed exchange rate regime in response to the oil price shocks in Malaysia.
Fumitaka Furuoka +3 more
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EXCHANGE RATE REGIMES CHOICE AND THEIR CLASIFFICATION [PDF]
Traditional monetary systems characterized by fixed rates have often caused currency crises. From the exchange rate regimes classification, we find that, as much as the level of developenet grow, the institutions become more mature, and the level of ...
HANDRO (MERCEA) PATRICIA AMALIA
doaj
The future exchange rate regime
When the Committee of Twenty decided to rename the exchange-rate regime rather than reform it, some two weeks after the system had collapsed, it immediately became clear that the ambitious attempt to write a new monetary constitution for the world had ...
J. WILLIAMSON
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