Results 11 to 20 of about 555,031 (292)
EXCHANGE RATE - REGIMES AND POLICIES [PDF]
Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu, 2014 Exchange rate of one currency is the price of the currency expressed in units of other currency. It is formed by the interaction of supply and demand in the foreign exchange market.
Novak Lučić
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EXCHANGE RATE REGIMES AND TRADE [PDF]
The Manchester School, 2007 A ‘new version’ of the gravity model is used to estimate the effect of a full range of de facto exchange rate regimes on bilateral trade. The results indicate that, while participation in a common currency union is typically strongly ‘pro‐trade’, other exchange rate regimes which lower the exchange rate uncertainty and transactions costs associated ...
Christopher Adam, David Cobham
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THE ROLE ASYMMETRIES IN EXCHANGE RATE REGIMES AND MACROECONOMIC PERFORMANCE: THE CASE OF NIGERIA [PDF]
Oradea Journal of Business and Economics, 2022 The role of exchange rate in the macroeconomic fundamentals of a country cannot be underestimated but the nonlinear (asymmetric) feature of the exchange rate movements becomes of importance when analyzing its role in macroeconomic performance.
Samod Lawal-Arogundade
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Exchange rate regimes and external financial stability [PDF]
Ekonomski Anali, 2016 Financial stability within the framework of the global financial crisis has become a common topic for researchers and practitioners. In order to analyse the impact of exchange rate regimes on financial stability we use both the de jure and de ...
Stoica Ovidiu, Ihnatov Iulian
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On the Endogeneity of Exchange Rate Regimes [PDF]
SSRN Electronic Journal, 2006 The literature has identified three main approaches to account for the way exchange rate regimes are chosen: i) the optimal currency area theory; ii) the financial view, which highlights the consequences of international financial integration; and iii) the political view, which stresses the use of exchange rate anchors as credibility ...
Levy Yeyati, Eduardo +2 more
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Monetary and exchange rate regimes changes: The cases of Poland, Czech Republic, Slovakia and Republic of Serbia [PDF]
Panoeconomicus, 2009 The paper explores (former) transition economies, Poland, Czech Republic, Slovakia and the Republic of Serbia, concerning abandonment of the exchange rate targeting and fixed exchange rate regimes and movement toward explicit/implicit inflation targeting
Josifidis Kosta +2 more
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The Endogeneity of Exchange-Rate Regimes [PDF]
, 2021 The international monetary system has passed through a succession of phases characterized alternatively by the dominance of fixed and flexible exchange rates. How are these repeated shifts between fixed and flexible rate regimes to be understood? The present paper specifies and tests six hypotheses with the capacity to explain the alternating phases of
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Pegged Exchange Rate Regimes - A Trap? [PDF]
SSRN Electronic Journal, 2005 We analyze the role of an exchange rate peg as a commitment mechanism to achieve inflation stability when multiple equilibria are possible. We show that there are ex ante large gains from choosing a more conservative regime not only in order to mitigate inflation bias from time inconsistency but also to avoid high inflation equilibria.
Aizenman, Joshua, Glick, Reuven
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THE INFLUENCE OF OIL PRICES ON INDONESIA’S EXCHANGE RATE
Buletin Ekonomi Moneter dan Perbankan, 2019 This study tests for a long-run relation between oil prices and the rupiah–US dollar exchange rate. We discover, first, that the long-run cointegration relation between oil prices and the real exchange rate (RER) is sensitive to different exchange rate ...
Seema Wati Narayan +2 more
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Choosing (and Reneging on) Exchange Rate Regimes [PDF]
SSRN Electronic Journal, 2003 We use data on announced and actual exchange rate arrangements to ask which countries follow de facto regimes different from their de iure ones, that is, do not do what they say. Our results suggest that countries with poor institutional quality have difficulty in maintaining pegging and abandon it often.
Alesina, Alberto, Wagner, Alexander F
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