Results 11 to 20 of about 9,400,773 (312)
Analysis of the Chinese Exchange Rate Stability
East Asian Economic Review, 1998 Asian Financial Crisis now is moving to a relatively stable phase, and at this time, whether Chinese RMB will depreciate is raising the concern of the outside world. If we simply consider economic factors, we will find REER (Real Effective Exchange Rate)
Youngrok Cheng
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Moneta e Credito, 2013 Una breve risposta alle critiche di Sarcinelli dell'art degli autori sul potenziale impatto del dell'ECU privato sulla stabilità dei tassi di cambio mondiale ed europeo ( 1988) .
H. JAGER, E. DE JONG
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Stabilization with Exchange Rate Management [PDF]
The Quarterly Journal of Economics, 1987 Stabilization programs in open economies typically consist of two stages. In the first stage the rate of currency devaluation is reduced, but the fiscal adjustment does not eliminate the fiscal deficit that causes growth of debt and loss of reserves, making a future policy change necessary.
Allan Drazen, Elhanan Helpman
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Domestic Stability Versus Exchange Rate Stability [PDF]
Cato Journal, 1989 In accepting the title assigned for this paper, I do not mean to agree that the two stabilities necessarily conflict. Often, to be sure, they do. Countries that clung to the fixed gold parities of their currencies in the early 1930s, including France and other members of the European gold bloc until 1936, suffered worse contagion of the world ...
Leland B. Yeager, Ben W. Crain
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The contribution of the ECU to exchange-rate stability: a further reply
PSL Quarterly Review, 2013 The work is a response to Fornari’s contribution to the discussion of the ECU’s potential effects on exchange-rate stability. In it the authors explain some aspects of their previous study, which in their view are misunderstood by Fornari.
H. JAGER, E. DE JONG
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Exchange rate and interest rate distribution and volatility under the Portuguese target zone [PDF]
Panoeconomicus, 2010 The aim of this study is to analyse the exchange rate and interest rate distribution and volatility under the participation of the Portuguese economy in the Exchange Rate Mechanism (ERM) of the European Monetary System (EMS) based on some of the main ...
Portugal Duarte António +2 more
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The contribution of the ECU to exchange rate stability. A reply
PSL Quarterly Review, 2013 A brief reply to Sarcinelli’s criticism of the authors’ article The private ECU’s potential impact on Global and European exchange-rate stability (1988). The authors rebut the criticisms and seek to clarify their reasoning.
H. JAGER, E. DE JONG
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Real exchange rates and inflation in exchange-rate-based stabilizations: an empirical examination [PDF]
Journal of Development Economics, 1996 Considerable research has focused on explaining why currencies appreciate in real terms after the nominal exchange rate is stabilized, but this research generally has taken a theoretical approach, and rarely has tested its hypotheses empirically. In this paper I estimate a simple error-correction model for Mexico, based on the Salter-Swan framework, in
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MONETARY POLICY: MANY QUESTIONS STILL REMAIN
Финансы: теория и практика, 2017 The ruble economy must be shaped by a correct monetary policy; therefore, ruble assets must be estimated more realistically (which means they should cost more).
M. V. Yershov
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Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based-Stabilizations [PDF]
Journal of Monetary Economics, 2000 This paper studies the role played by distribution costs in shaping the behavior of the real exchange rate during exchange-rate-based stabilizations. We document that distribution costs are very large for the average consumer good: they represent more than 40% of the retail price in the US and roughly 60% of the retail price in Argentina.
Ariel T. Burstein +2 more
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