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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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Fiscal Regimes and the Exchange Rate
SSRN Electronic Journal, 2022Nikola Mirkov +3 more
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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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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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The Tunisian exchange rate regime: Is it really floating?
International Journal of Finance and Economics, 2022Mohamed Bouabidi
exaly
The impacts of China’s exchange rate regime reform in 2005: A counterfactual analysis
Review of Development Economics, 2021Pei Pei
exaly
Foreign exchange interventions under a minimum exchange rate regime and the Swiss franc
Review of International Economics, 2022Markus Hertrich
exaly