Results 221 to 230 of about 40,725 (259)
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World Economics Journal, 2003
This paper argues that (a) for many developing countries, the optimal external payments regime would be a combination of an intermediate exchange rate with capital controls and (b) the policy stance and advice of the IMF should reflect this judgement. The paper uses India as a case study to illustrate its argument.
Sebastian Edwards +3 more
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This paper argues that (a) for many developing countries, the optimal external payments regime would be a combination of an intermediate exchange rate with capital controls and (b) the policy stance and advice of the IMF should reflect this judgement. The paper uses India as a case study to illustrate its argument.
Sebastian Edwards +3 more
+7 more sources
Exchange Rate Regimes and Tourism
Tourism Economics, 2010The main objective of this paper is to analyse the effect of exchange rate arrangements on international tourism. The ambiguity in the literature about the effect of exchange rate volatility contrasts with the magnitude of the impact of a common currency on trade. The authors apply panel data techniques to analyse the relevance of a common currency to
Santana Gallego,Maria +2 more
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Exchange Rate Regimes and Exchange Rate Exposures
SSRN Electronic Journal, 2001We analyze the currency exposure of industries, using data for Norway. The Norwegian case is particularly well suited for investigating currency exposure issues, since it is a very open economy, has dollar denominated exports and ECU denominated imports, and has had three official exchange rate policy regimes over the sample period. At first glance, we
Richard Priestley, Bernt Arne Odegaard
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, 2013 The choice of the exchange rate regime (ERR) has direct implications on the evolution of key nominal variables (inflation, relative prices) and, as a result, on output growth and volatility, and income distribution. Moreover, it may affect many other fronts related to nominal issues such as trade (influenced by real exchange rate levels and exchange ...
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Fiscal Regimes and the Exchange Rate
SSRN Electronic Journal, 2022Nikola Mirkov +3 more
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Exogenous Shocks and Exchange Rate Regimes
The World Economy, 2012AbstractUsing a dynamic stochastic general equilibrium (DSGE) model with nominal price rigidity and imperfect competition, we examine the impact of terms‐of‐trade and foreign interest rate shocks on some key macroeconomic variables for a small open economy under different exchange rate regimes.
Chia, Wai-Mun +2 more
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2002
Exchange rate regimes go from the perfectly rigid case (the gold standard) to the perfectly flexible case (the exchange rate fluctuates freely, with no intervention of the monetary authorities). This chapter examines both the two extremes and the intermediate cases, including those that have been suggested in the literature but not implemented in ...
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Exchange rate regimes go from the perfectly rigid case (the gold standard) to the perfectly flexible case (the exchange rate fluctuates freely, with no intervention of the monetary authorities). This chapter examines both the two extremes and the intermediate cases, including those that have been suggested in the literature but not implemented in ...
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Search for a New Exchange-Rate Regime
Science, 1987The regime of unmanaged floating exchange rates was implicitly judged a failure when, with the Plaza Agreement, attempts at cooperative exchange-rate management were reintroduced primarily because of concern at the size of misalignments. Any satisfactory successor regime will need to limit misalignments while retaining the genuine social benefits of ...
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Exchange Rate Regimes and Multilateral Exchange Rates
2009Michael W. Klein, Jay C. Shambaugh
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Exchange Rate Regimes and Bilateral Exchange Rates
2009Michael W. Klein, Jay C. Shambaugh
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