Results 11 to 20 of about 707,991 (262)

Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect [PDF]

open access: yesJournal 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.
Michael B. Devereux, Charles Engel
openaire   +3 more sources

Analysis of nominal exchange rate pass-through effect on inflation rate in selected countries [PDF]

open access: yesBankarstvo, 2021
Inflation rate is one of the essential macroeconomics variables and it represents the main goal of monetary policy. It is determined by a great number of factors, so it is necessary to analyse the impact their changes have on inflation rate.
Živković Aleksandra, Milenković Ivan
doaj   +1 more source

China's trilemma: Exchange rate marketization, RMB internationalization, and exchange rate pricing power

open access: yesBorsa Istanbul Review, 2023
We employ a threshold vector error correction model approach to investigate the impact of China's exchange rate marketization reform in August 2015 on the linkage between renminbi (RMB) onshore (CNY) and offshore (CNH) exchange rates and the impact of ...
Panpan Wang   +3 more
doaj   +1 more source

Exploring the relationship between exchange rate misalignment uncertainty and economic growth in South Africa

open access: yesCogent Economics & Finance, 2023
This paper aims to address the relatively limited attention given to the examination of exchange rate misalignment uncertainty in the specific context of South Africa. By specifically focusing on exchange rate misalignment uncertainty, this study fills a
Eugene Msizi Buthelezi
doaj   +1 more source

The microstructure of foreign exchange rate and foreign exchange rate formation [PDF]

open access: yesEkonomski Anali, 2005
The subject matter of market microstructure analysis are processes through which investor activities are transferred to quantities and prices. This direction indicates the fact that has been unjustifiably neglected in fundamental theories – foreign ...
Vučković Vladimir
doaj   +1 more source

Real Effective Exchange Rate Determination in Indonesia: A Behavioral Equilibrium Exchange Rate Approach

open access: yesEconomic Journal of Emerging Markets, 2009
The aim of this paper is to analyze the determination of real effective exchange rate in Indonesia for the period 1994.1-2004.6 using behavioral approach.
Didi Nuryadin
doaj   +7 more sources

Exchange rate regime choice [PDF]

open access: yesPanoeconomicus, 2006
The choice of an adequate exchange rate regime proves to be a highly sensitive field within which the economic authorities present and confirm themselves. The advantages and disadvantages of fixed and flexible exchange rate regimes, which have been quite
Beker Emilija
doaj   +1 more source

The “real” exchange rate regime in China since 2015′s exchange rate reform

open access: yesAsia and the Global Economy, 2023
Moving away from a fixed exchange rate in 2005, China has gradually enlarged the band of fluctuations of Renminbi (RMB) and implemented various reforms on its central parity to have a more flexible exchange rate regime.
Jinzhao Chen
doaj   +1 more source

RELATIONSHIP BETWEEN EXCHANGE RATE AND FOREIGN EXCHANGE RESERVES

open access: yesInternational Journal of Innovative Technologies in Economy, 2022
The main objective of this study is to examine the existence and nature of the relationship between the exchange rate and foreign exchange reserves. To avoid influencing foreign exchange market expectations, the intervention program should indicate in ...
Viorica Lopotenco, Dziubetcaia Tatiana
doaj   +1 more source

Exchange Rates and Fundamentals [PDF]

open access: yesJournal of Political Economy, 2003
Standard economic models hold that exchange rates are influenced by fundamental variables such as relative money supplies, outputs, inflation rates and interest rates. Nonetheless, it has been well documented that such variables little help predict changes in floating exchange rates -- that is, exchange rates follow a random walk. We show that the data
Charles Engel, Kenneth D. West
openaire   +4 more sources

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