Results 31 to 40 of about 83,691 (47)
Some of the next articles are maybe not open access.
Monetary Cooperation during Global Inflation Surges
The American Economic ReviewWe study optimal monetary policy during times of global scarcity of tradable goods. The optimal monetary response entails a surge in inflation, which helps rebalance production toward the tradable sector.
Luca Fornaro, F. Romei
semanticscholar +1 more source
Abundance from Abroad: Migrant Income and Long-Run Economic Development
Social Science Research Network, 2022We study how international migrant income prospects affect long-run development in origin areas. We leverage the 1997 Asian Financial Crisis exchange rate shocks in a shift-share identification strategy across Philippine provinces. Initial migrant income
Gaurav Khanna +3 more
semanticscholar +1 more source
Market Segmentation and International Bond Prices: The Role of ECB Asset Purchases
American Economic Journal: MacroeconomicsWe estimate euro-dollar yields differences, hedged and unhedged, with euro area confidential corporate bond holdings data. We find that euro yields significantly decline relative to dollar yields—more for securities in the portfolios of investors that ...
Ester Faia +2 more
semanticscholar +1 more source
Shocks and Exchange Rates in Small Open Economies
American Economic Journal: MacroeconomicsWe separately identify domestic and external sources of exchange rate fluctuations in a large sample of small open economies (SOEs). We find that external shocks lead to large and predictable deviations from uncovered interest parity (UIP), while ...
Vito Cormun, Pierre De Leo
semanticscholar +1 more source
The High-Frequency Effects of Dollar Swap Lines
American Economic Review: InsightsWe study the effects of dollar swap lines using high-frequency responses in asset prices around policy announcements. News about expanded dollar swap lines causes a reduction in liquidity premia, compression of deviations from covered interest parity ...
Rohan Kekre, M. Lenel
semanticscholar +1 more source
Real Exchange Rates and Endogenous Productivity
American Economic Journal: MacroeconomicsTwo-thirds of the real exchange rate's (RER's) volatility occurs at low frequencies. We provide empirical evidence that links movements in the RER to changes in research and development spending and patents.
N. Gornemann +2 more
semanticscholar +1 more source
India’s Service Trade and Asymmetry in J-curve: The Evidence from Linear and Nonlinear Models
South Asia Economic JournalStudies about the J-curve have primarily focused on the trade in goods, and the application of the concept in the trade in services is a relatively new area of research.
Neeraj B R, I. Trofimov
semanticscholar +1 more source
Intermediaries and Asset Prices
Social Science Research NetworkIntermediary asset pricing posits that financial institutions play a central role in financial markets, and that their decisions shape asset prices beyond simply reflecting the preferences of the average household.
Valentin Haddad, Tyler Muir
semanticscholar +1 more source
Factors in the Determination of India’s Nominal Exchange Rate Behaviour
South Asian Journal of Macroeconomics and Public FinanceThis article investigates into the factors that determine the rupee–US dollar spot exchange rate particularly after the global financial crisis in 2008. In particular, the role of market fundamentals is looked into. To achieve this, an eclectic empirical
Suman Das, S. Roy
semanticscholar +1 more source
Capital Flows and Foreign Exchange Intervention
American Economic Journal: Macroeconomics, 2019I consider a small open economy model where international financial markets are imperfect and the exchange rate is determined by capital flows. I use this framework to study the effects of portfolio flow shocks, derive the optimal foreign exchange ...
Paolo Cavallino
semanticscholar +1 more source