Results 11 to 20 of about 12,881,812 (360)
Sanctions and the Exchange Rate
Intereconomics, 2022 Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.
Oleg Itskhoki, Dmitry Mukhin
doaj +4 more sources
Exchange Rate Predictability [PDF]
Journal of Economic Literature, 2013 The main goal of this article is to provide an answer to the question: "Does anything forecast exchange rates, and if so, which variables?". It is well known that exchange rate fluctuations are very difficult to predict using economic models, and that a ...
Barbara Rossi
semanticscholar +10 more sources
Exchange Rates and Fundamentals [PDF]
Journal of Political Economy, 2003 We show analytically that in a rational expectations present-value model, an asset price manifests near–random walk behavior if fundamentals are I(1) and the factor for discounting future fundamentals is near one. We argue that this result helps explain the well-known puzzle that fundamental variables such as relative money supplies, outputs, inflation,
Charles Engel, Kenneth D. West
openaire +5 more sources
Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect [PDF]
Journal of Monetary Economics, 2002 Abstract This paper explores the hypothesis that high volatility of real and nominal exchange rates may be due to the fact that local currency pricing eliminates the pass-through from changes in exchange rates to consumer prices. Exchange rates may be highly volatile because in a sense they have little effect on macroeconomic variables.
Charles Engel +3 more
openaire +3 more sources
Exchange Rates and Wages [PDF]
SSRN Electronic Journal, 2001 Globalization exposes labor markets to international fluctuations. Using Current Population Survey data for the period 1976 through 2000, we show that exchange rate movements influence the wages of U.S. workers across manufacturing and non-manufacturing industries.
Linda S. Goldberg +3 more
openaire +4 more sources
EXCHANGE RATE PROTECTION AND EXCHANGE RATE CONFLICT
Oxford Economic Papers, 1988 OUR PURPOSE is to investigate in a simple model the consequences of the adoption of "exchange rate protection" by two countries trading with each other. Although very simplified and stylized in the present treatment, we believe that our model can throw light on some questions of practical importance. The present system of exchange rate setting has come
Bliss, Christopher, Joshi, Vijay R
openaire +5 more sources
EXCHANGE RATE REGIMES CHOICE AND THEIR CLASIFFICATION [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2020 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
Inflation and Exchange Rate Pass-Through
Journal of International Money and Finance, 2019 The degree to which domestic prices adjust to exchange rate movements is key to understanding inflation dynamics, and hence to guiding monetary policy.
Jongrim Ha, M. Stocker, H. Yilmazkuday
semanticscholar +1 more source
On Exchange Rate Regimes, Exchange Rate Fluctuations, and Fundamentals [PDF]
Working paper (Federal Reserve Bank of Philadelphia), 1999 We develop a two-country, two-sector general equilibrium business cycle model with nominal rigidities featuring deviations from the law of one price. The paper shows that a model with these features can quantitatively account for the empirical fact that of the statistical properties of most macroeconomic variables, only the volatility of the real and ...
Luca Dedola, Sylvain Leduc
openaire +2 more sources
Is Exchange Rate Volatility An Important Determinant Of Tax Revenues? Evidence From Turkey
Romanian Economic Journal, 2021 Is exchange rate volatility an important determinant of tax revenues? This study seeks, in the light of this question, empirical evidence on the relationship between volatility in exchange rates and tax revenues in the case of Turkey.
Sinem Koçak
doaj +1 more source