Results 241 to 250 of about 164,332 (293)

Fear of floating and domestic liability dollarization

Emerging Markets Review, 2005
Abstract Previous attempts to analyze the effect of liability dollarization on “fear of floating” have focused exclusively on the role played by foreign liabilities. Liability dollarization of the domestic banking system, however, poses a similar risk as dollar-denominated deposits and credit impose a source of currency risk on domestic banks and ...
Adam Honig
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Fear of Floating in Brazil: Did Inflation Targeting matter?

The North American Journal of Economics and Finance, 2009
Abstract Brazil implemented Inflation Targeting (IT) after the breakdown of a managed floating regime, showing a similar pattern to most of the emerging markets that adopted this framework. This unplanned policy change has led to some disbelief regarding the country's commitment to its inflation objective and to a floating exchange rate.
Reginaldo P. Nogueira, Miguel A. León-Ledesma   +1 more
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Fear of Floating [PDF]

SSRN Electronic Journal, 2000
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Calvo, Guillermo A., Reinhart, Carmen M.
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Fear of floating

Economics of Transition, 2016
AbstractThis paper uses unique household survey data to investigate the expected effects of a switch from a fixed exchange rate regime to a floating exchange rate regime in Bulgaria during the global financial crisis. The data show that the public associated such a switch with a contraction of output, higher prices, a decline in exports, and an overall
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“WAIT AND SEE” OR “FEAR OF FLOATING”?

Macroeconomic Dynamics, 2020
This paper studies the evolution of China’s exchange rate policy using real options theory. With intervention costs and ongoing uncertainty, intervention involves the exercise of an option. Increased uncertainty increases the value of this option. This “wait and see” effect leads the Central Bank to widen its intervention band.
Xiaowen Lei, Dong Lu, Kenneth Kasa
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A Theory of Fear of Floating

SSRN Electronic Journal, 2023
Javier Bianchi, Louphou Coulibaly
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ORIGINAL SIN, DOLLARIZATION AND FEAR OF FLOATING

Ekonomik Yaklasim, 2008
In this study, we examine fear of floating behaviors of central banks in countries which have encountered with original sin and dollarization problems at high level, and detect the relationship among original sin, dollarization and fear of floating for Turkish Economy at period of 1999–2007.
Hakan ARDOR, Serdar VARLIK
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Exchange Rate Regimes: Fear of Floating

2005
Abstract A free floating exchange rate regime conflicts with an export-led development strategy because of high exchange rate volatility and lack of market supporting infrastructure. The following proposals are discussed: free floating regimes with inflation targeting, and less flexible regimes such as the BBC regime, floating with ...
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The Papua New Guinea Kina's Fear of Floating

SSRN Electronic Journal, 2005
Calvo and Reinhart (2002) demonstrated that there is a pervasive 'fear of floating' to be found in emerging market currencies, and that officially announced currency regimes may diverge from actual central bank practice. The Papua New Guinea kina is officially a floating currency, but there are a number of reasons why this is unlikely to be the case in
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Inflation Targeting and Fear of Floating [PDF]

, 2007
The paper presents evidence on the “Fear of Floating†hypothesis in an Inflation Targeting regime. We use the methodologies of Calvo and Reinhart (2002) and Ball and Reyes (2004) for a set of developed and emerging market economies to examine the existence of a possible trend of greater exchange rate flexibility after the adoption of the new regime.
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