Results 41 to 50 of about 595,336 (210)
The Flexible Exchange Rate System: Experience and Alternatives [PDF]
We review ten aspects of how floating exchange rates have worked in practice, contrasted with ten characteristics that the system was supposed to have in theory.
Rudiger Dornbusch, Jeffrey A. Frankel
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Exchange Rate Behavior and Exchange Rate Puzzles: Why the XVIII Century Might Help [PDF]
This article explores the behavior of exchange rates in Spain during the XVIII century. We posit that exchange rates were the result of both government intervention over nominal values of currencies and the estimate that the market –of bills of exchange-
Rafael Torres Sánchez +2 more
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Growth and exchange rate volatility: a panel data analysis [PDF]
The aim of this article is to assess the role of real effective exchange rate volatility on long-run economic growth for a set of 82 advanced and emerging economies using a panel data set ranging from 1970 to 2009.
Brito, Márcio Holland de +3 more
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Energies, 2018 Evaluating the installation potential of ground source heat pump (GSHP) systems based on the hydrogeological condition of an area is important for the installation and sustainable use of the system.
Shohei Kaneko +4 more
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Dual exchange rate systems [PDF]
, 1987 This thesis is in two chapters. The first surveys the existing literature on 'dual exchange rate systems' — where current and capital transactions are channeled through seperate foreign exchange markets. The early, comparative static, models concentrate on whether the instruments of demand management will work, and conclude that under dual regimes ...
openaire +1 more source
Exchange Rate Dynamics under Alternative Optimal Interest Rate Rules [PDF]
We explore the role of interest rate policy in the exchange rate determination process. Specifically, we derive exchange rate equations from interest rate rules that are theoretically optimal under a few alternative settings.
Yin-Wong Cheung, Mahir Binici
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Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates [PDF]
The paper investigates if the most popular alternative to the purchasing parity power approach (PPP) to estimate equilibrium exchange rates, the fundamental equilibrium exchange rate (FEER) influences exchange rate dynamics in the long run.
Jamel Saadaoui
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Japan’s experiences under the Bretton Woods System: capital controls and fixed exchange rate
PSL Quarterly Review, 2013 Japan joined the IMF in August 1952 (under Article 14) and GATT (the General Agreement on Tariffs and Trade) in 1955. Japan's ‘high growth era’, the period from 1955 to the outbreak of the first oil crisis in 1973-74, coincided with the liberal ...
T. IWAMI
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Choosing an exchange-rate system
Journal of Banking & Finance, 1999 Abstract The focus of academic discussions of exchange rate policy has shifted in recent years. The new literature on exchange rate regime choice emphasizes considerations relating to the problems of credibility in exchange rate targeting and the connections between exchange rate regime choices and choices of monetary and fiscal policy. Arguments for
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The Emerging Exchange-Rate System (Early 1974) [PDF]
International Finance Discussion Papers, 1974 The year 1973 can be recognized as a watershed in world monetary history. It marked, among other developments, the end of the Bretton Woods era. It demonstrated that the mechanism of a formal par value for each nation's currency, to achieve stability of exchange rates and orderly conditions in exchange markets, was no longer viable. When the dollar was
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