U.K. inflation targeting and the exchange rate [PDF]
The United Kingdom*s monetary policy strategy is one of floating exchange rates and inflation forecast targeting, with the targeted measure referring to consumer prices.
Christopher Allsopp +2 more
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The Complex Response of Monetary Policy to the Exchange Rate [PDF]
We estimate a flexible non-linear monetary policy rule for the UK to examine the response of policymakers to the real exchange rate. We have three main findings.
Costas Milas +2 more
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The Impact of Monetary and Commodity Fundamentals, Macro News and Central Bank Communication on the Exchange Rate: Evidence from South Africa [PDF]
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and ...
Balazs Egert
core +2 more sources
Valuation effects of U.S. monetary policy tightening: The roles of foreign exposure. [PDF]
PLoS OneFang X, Peng X.
europepmc +1 more source
Policy Responses to Exchange-Rate Movements [PDF]
This paper examines policy responses to exchange-rate movements in a simple model of an open economy. The optimal response of monetary policy to an exchange-rate change depends on the source of the change: on whether the underlying shock is a shift in ...
Laurence M. Ball
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A methodological comparative analysis of monetary policy and trade openness on economic growth in West Africa: Does language play a role? [PDF]
PLoS OneBoateng SA, Enimil B, Takyi-Danquah E.
europepmc +1 more source
The complex response of monetary policy to the exchange rate
, 2006 We estimate a flexible non-linear monetary policy rule for the UK to examine the response of policymakers to the real exchange rate. We have three main findings.
Kharel, RS, Milas, C, Martin, C
core
Prediction of Relapse Using Digital Technology in People in Recovery From Substance Use Disorders: Early Economic Evaluation With a Case Study of the Subreal App. [PDF]
JMIR Form ResBouttell J, Bartler M, Bolton S.
europepmc +1 more source
A Monetary Approach to Exchange Rate Dynamics in Low-Income Countries: Evidence from Kenya
The flexible price monetary model assumes that both the purchasing power parity (PPP) and uncovered interest parity (UIP) hold continuously. In addition, the model posits that money market equilibrium exists, which helps to determine the exchange rate ...
Mohan, Ramesh, Nandwa, Boaz
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Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s: (Hard) Lessons Learned for Monetary Policy in a Small Open Economy [PDF]
This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950–1962. It examines whether the floating rate was the best option for Canada in the 1950s by developing and estimating a New Keynesian small open economy ...
Michael Bordo +2 more
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