Results 21 to 30 of about 27,054 (194)
Monetary and exchange rate regimes changes: The cases of Poland, Czech Republic, Slovakia and Republic of Serbia [PDF]
Panoeconomicus, 2009 The paper explores (former) transition economies, Poland, Czech Republic, Slovakia and the Republic of Serbia, concerning abandonment of the exchange rate targeting and fixed exchange rate regimes and movement toward explicit/implicit inflation targeting
Josifidis Kosta +2 more
doaj +1 more source
Why monetary board: Monetary board and endogenic price flexibility [PDF]
Ekonomski Anali, 2004 The paper presents a model which proves that a unilateral exchange rate fixing, i.e. monetary board, as opposed to certain opinions, is an optimal policy since it increases flexibility of nominal prices, which is the ultimate goal of a flexible exchange ...
Bašić Tamara
doaj +1 more source
Contemporary Economics, 2013 Evidence in favor of the monetary model of exchange rate determination for the South African Rand is, at best, mixed. A co-integrating relationship between the nominal exchange rate and monetary fundamentals forms the basis of the monetary model.
Riané de Bruyn +2 more
doaj +1 more source
Monetary policy and the exchange rate: Evaluation of VAR models [PDF]
Journal of International Money and Finance, 2011 Abstract This paper examines the ability of vector autoregressive (VAR) models to properly identify the transmission of monetary policy in a controlled experiment. Simulating data from a small open economy DSGE model estimated for Australia, we find that sign-restricted VAR models do reasonably well at estimating the responses of macroeconomic ...
Jarkko Jääskelä, David Jennings
openaire +1 more source
Research in Globalization, 2023 The continuous depreciation of the exchange rate in Ghana has raised concern about its effect on inflation and the economy at large. This paper examines the threshold effect of exchange rate pass-through (ERPT) on inflation using a monthly data from ...
Matthew Kwabena Valogo +3 more
doaj +1 more source
A Monetary Model of the Exchange Rate with Informational Frictions [PDF]
SSRN Electronic Journal, 2007 Data for the U.S. and the Euro-area during the post-Bretton Woods period shows that nominal and real exchange rates are more volatile than consumption, very persistent, and highly correlated with each other. Standard models with nominal rigidities match reasonably well the volatility and persistence of the nominal exchange rate, but require an average ...
openaire +1 more source
Reverse Repurchase Rate on Selected Monetary Policy Indicators: A Vector Autoregression
International Journal of Academe and Industry Research, 2022 This study evaluated the effectiveness of the reverse repurchase (RRP) rate as the main monetary policy instrument of the Bangko Sentral ng Pilipinas in affecting selected monetary policy indicators, particularly output gap, inflation, and nominal ...
Martin Roy B. Base
doaj +1 more source
South African Journal of Economic and Management Sciences, 2013 The monetary approach to the balance of payments is based on the assumption of a fixed exchange rate, while its approach to exchange rate determination is based on perfectly flexible exchange rate.
Emmanuel Ziramba
doaj +1 more source
Rethinking the exchange rate disconnect puzzle theory in ASEAN-6
Economic Journal of Emerging Markets, 2017 The theory of the exchange rate disconnect puzzle provides evidence of the instability of exchange rate relationship with macroeconomic fundamentals.
Adhitya Wardhono +2 more
doaj +13 more sources
Nexus of Gold Price-Exchange rate-interest rate-Oil Price: Lessons for Monetary Policy in Pakistan
NUML International Journal of Business & Management, 2021 This study aims to evaluate the links among gold price, oil price, exchange rate and interest rate in Pakistan. All these channels are interconnected and have impact on monetary policy of the country.
Muhammad Akbar +2 more
doaj +1 more source