Results 111 to 120 of about 925,966 (204)

Openness, imperfect exchange rate pass-through and monetary policy [PDF]

open access: yes
This paper analyses the implications of imperfect exchange rate passthrough for optimal monetary policy in a linearised open-economy dynamic general equilibrium model calibrated to euro area data.
Frank Smets, Raf Wouters
core  

Market Conduct, Price Interdependence and Exchange Rate Pass-Through [PDF]

open access: yes
This paper develops an international oligopoly model where foreign and domestic firms simultaneously choose their pricing strategies under the assumption of non-zero conjectural variations.
Sophocles N. Brissimis   +1 more
core  

Limits of Floats: The Role of Foreign Currency Debt and Import Structure [PDF]

open access: yes
A traditional argument in favor of flexible exchange rates is that they insulate output better from real shocks, because the exchange rate can adjust and stabilize demand for domestic goods through expenditure switching.
Pascal Towbin, Sebastian Weber
core  

Exchange rate pass-through and volatility: Impacts on domestic prices in four Asian countries [PDF]

open access: yes
The paper undertakes a comparative empirical analysis on the effects of shocks on domestic prices in four Asian countries before and after the financial crisis of 1997. We apply two different estimation methodologies, namely a structural VAR and a single
Kapsalyamova, Zhanna, Sek, Siok Kun
core   +1 more source

Does Inflation Targeting decrease Exchange Rate Pass-through in Emerging Countries ? [PDF]

open access: yes
In this paper, we empirically examine the effect of inflation targeting on the exchange rate pass-through to prices in emerging countries. We use a panel VAR that allows us to use the larger data set on twenty-seven emerging countries (fifteen inflation ...
Dramane Coulibaly, Hubert Kempf
core  

Exchange Rates and Monetary Policy in Emerging Market Economies [PDF]

open access: yes
This paper investigates the effects of exchange rate regimes and alternative monetary policy rules for an emerging market economy that is subject to a volatile external environment in the form of shocks to world interest rates and the terms of trade.
Michael B. Devereux, Philip Lane
core  

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