Results 21 to 30 of about 16,637,649 (284)
Monetary Policy and the Predictability of Nominal Exchange Rates
The Review of Economic Studies, 2017 This article studies how the monetary policy regime affects the relative importance of nominal exchange rates and inflation rates in shaping the response of real exchange rates to shocks. We document two facts about inflation-targeting countries. First,
M. Eichenbaum +3 more
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EQUILIBRIUM: Jurnal Ilmiah Ekonomi dan Pembelajarannya, 2017 This study aimed to analyze the influence of the inflation rate of the Rupiah. Population and samples used in this study are all monthly time series data rate of inflation and the Rupiah during the period January 2011-December 2015 as many as 60.
Yati Wijayanti Sudarmiani
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The Share of Systematic Variation in Bilateral Exchange Rates
, 2018 Sorting countries by their dollar currency betas produces a novel cross section of average currency excess returns. A slope factor (long in high beta currencies and short in low beta currencies) accounts for this cross section of currency risk premia ...
A. Verdelhan
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Relaxing the international constraints on full employment. A comment
PSL Quarterly Review, 2013 The work is a critique of “Relaxing the international constraints on full employment”. The author questions the efficacy of the TOSTAB tax proposal in relaxing the constraint of foreign exchange speculation on governments in designing and implementing ...
J. STEINDL
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The Interest Rate - Exchange Rate Nexus: Exchange Rate Regimes and Policy Equilibria [PDF]
SSRN Electronic Journal, 2009 We study a credible Markov-perfect monetary policy in an open New Keynesian economy with incomplete financial markets. We demonstrate the existence of two discretionary equilibria. Following a shock the economy can be stabilised either 'quickly' or 'slow', both dynamic paths satisfy conditions of optimality and time-consistency.
Christoph Himmels, Tatiana Kirsanova
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World inflation and domestic monetary stability
PSL Quarterly Review, 2014 Since the end of the Second World War the world economy has, apart from brief interludes of price stability, been in the grip of continuous inflation. No country seems to have managed to escape this world inflation entirely, although a few have made the ...
F.A. LUTZ
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Exchange-rate discounting [PDF]
Journal of International Money and Finance, 1995 Abstract Economists often describe nominal exchange rates as forward-looking, so that they reflect discounted, expected, future fundamentals. This study applies a method for identifying the discount rate involved, without knowing or measuring fundamentals.
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Moneta e Credito, 2014 Since the end of the Second World War the world economy has, apart from brief interludes of price stability, been in the grip of continuous inflation. No country seems to have managed to escape this world inflation entirely, although a few have made the ...
F.A. LUTZ
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International trade and exchange rates
, 2018 This paper analyzes the link between international trade and exchange rate levels in the context of the global financial crisis (GFC) and the rise of global and regional value chains (GVCs). Using bilateral data for 72 economies over the 2001–2015 period,
Jong Woo Kang, Suzette Dagli
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Forecasting Daily Exchange Rates
Revstat Statistical Journal, 2019 In this paper, daily exchange rates in four of the BRICS emerging economies: Brazil, India, China and South Africa, over the period 2001 to 2015 are considered.
Rahim Mahmoudvand +2 more
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