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Comment on: Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect
Journal of Monetary Economics, 2002The Devereux–Engel paper addresses two long-standing puzzles in international economics: exchange rate volatility and its disconnect. Solutions to these puzzles have eluded standard macroeconomic models, which typically underpredict the magnitude of exchange rate volatility and predict strong counterfactual relationships between exchange rates and ...
Margarida Duarte, Alan C Stockman
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Leveraging Wall Street Journal news, recent developments in textual analysis, and generative AI, we estimate a narrative decomposition of the dollar exchange rate. Our findings shed light on the connection between economic fundamentals and the exchange rate, as well as on its absence.
Cormun, Vito, Ristolainen, Kim
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Cormun, Vito, Ristolainen, Kim
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Exchange-rate management under floating exchange rates
Journal of Banking & Finance, 1990Abstract The purpose of this paper is to analyze the Swiss approach to exchange-rate management. A number of difficulties are identified that have plagued the Swiss National Bank's efforts to reconcile its ultimate objective of a stable price level with its desire to moderate extreme exchange-rate swings.
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2023
Abstract This chapter assesses exchange rates. Monetary systems may be related to each other by two means of measurement, the (nominal) par of exchange and the (real) rate of exchange. The par of exchange is the equation between two money units, each based on a fixed (usually metallic) standard.
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Abstract This chapter assesses exchange rates. Monetary systems may be related to each other by two means of measurement, the (nominal) par of exchange and the (real) rate of exchange. The par of exchange is the equation between two money units, each based on a fixed (usually metallic) standard.
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Understanding and accounting for the effect of exchange rate fluctuations on global learning rates
Nature Energy, 2020Johan Lilliestam +2 more
exaly
Oil price and US dollar exchange rate: Change detection of bi-directional causal impact
Energy Economics, 2021Claudiu Albulescu
exaly
Exchange Rate Regimes and Bilateral Exchange Rates
2009Michael W. Klein, Jay C. Shambaugh
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Exchange rate volatility and international trade
Journal of Business Research, 2023Madan Lal, Pandey, Dharen Kumar
exaly

