Exchange rate regulation, the behavior of exchange rates, and macroeconomic stability in Brazil [PDF]
In the last two decades an entirely new set of rules governing the foreign exchange transactions was established in Brazil, substituting for the framework inherited from the 1930s.
Francisco Eduardo Pires de Souza +1 more
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On the relevance of exchange rate regimes for stabilization policy [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bernardino Adao +2 more
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Exchange Rate Stability and Financial Stability [PDF]
Historical evidence reveals no monocausal explanation for banking crises, including one which would emphasize the maintenance of a currency peg. To some extent this follows from the standard textbook wisdom: whether fixed or flexible exchange rates are preferable depends on the source of disturbances.
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Domestic Stability Versus Exchange Rate Stability [PDF]
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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Stabilization with Exchange Rate Management [PDF]
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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Exchange rate and interest rate distribution and volatility under the Portuguese target zone [PDF]
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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Estimation of the Effects of Macroeconomic Variables on the Impossible Trinity [PDF]
The examination of exchange rate management, interest rate, and capital market openness is one of the topics under discussion in macroeconomic policies.
Fatemeh Amini Bazyani +2 more
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Real exchange rates and inflation in exchange-rate-based stabilizations: an empirical examination [PDF]
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
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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MACROECONOMIC DETERMINANTS OF ENSURING FINANCIAL STABILITY OF THE BANKING SYSTEM OF UKRAINE
. The system paradigm, which is the basis of the concept of ensuring the financial stability of the banking system, involves the definition of external relations and macroeconomic factors.
N. P. Pohorelenko, H.V. Strokovych
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