Results 41 to 50 of about 27,054 (194)
Buletin Ekonomi Moneter dan Perbankan, 2005 This paper is aimed to analyze variables determines the exchange rate of rupiah. Using exchange rate model (balance of payment and monetary model) developed by Fullerton, Hattori and Calderon (2001) we incorporate two additional variables namely policy ...
Didi Nuryadin +1 more
doaj +1 more source
Monetary Policy, Model Uncertainty and Exchange Rate Volatility [PDF]
SSRN Electronic Journal, 2010 This paper proposes an explanation of the shifts in the volatility of exchange rate returns that relies on standard present value exchange rate models. Agents are uncertain about the true data generating model and deal with the model uncertainty by making inference on the models and their parameters - a mechanism I call model learning. I show how model
openaire +3 more sources
The Mundell-Fleming Trilemma Combination on Middle-Income Countries
Jurnal Ekonomi dan Studi Pembangunan, 2023 The Mundell-Fleming trilemma hypothesis stated that a country could not simultaneously achieve exchange rate stability, financial integration, and monetary independence. The fixed exchange rate policy, free capital mobility, and monetary independence are
Rinny Apriliany Zakaria +3 more
doaj +1 more source
The Monetary Model of the Exchange Rate
, 1998 We emphasize the importance of properly identifying the long-run relations underlying the monetary model of the exchange rate. The separate estimation of long-run money demands leads to a “structural” error correction equation which allows an interpretation of the various channels affecting the exchange rate in the monetary model.
Moersch, Mathias, Nautz, Dieter
openaire +1 more source
MONETARY TRANSMISSION OF PERSISTENT SHOCK TO THE RISK PREMIUM: THE CASE OF INDONESIA
Buletin Ekonomi Moneter dan Perbankan, 2011 This paper investigates the relative importance of monetary transmission channel to inflation of passing persistent shock to the risk premium. The findings show that nominal exchange rate depreciation, triggered by a more persistent shock to interest ...
Akhis R. Hutabarat
doaj +3 more sources
Exchange rate and inflation dynamics in Kenya: Does the threshold level matter?
HeliyonThis study empirically examined the threshold effect of exchange rate pass-through (ERPT) on inflation in Kenya, while augmenting the exchange rate depreciation in the monetary policy rate using the Taylor rule.
Jerry Ogutu Sumba +2 more
doaj +1 more source
Impact of monetary policy on the macroeconomy in Uzbekistan [PDF]
International Trade, Politics and DevelopmentPurposeThis study aims to examine the transmission mechanism of monetary policy in Uzbekistan, with a particular focus on the effectiveness and asymmetry of interest rate, exchange rate and credit channels.Design/methodology/approachThe analysis employs ...
Wenbo Wang, Mingguo Zhao
doaj +1 more source
Economic Journal of Emerging MarketsPurpose — This study examines the nonlinear effect of Economic Policy Uncertainty (EPU) on China’s Renminbi (RMB) exchange rate. Methods — Based on the monetary model of exchange rate determination and the behavioural equilibrium exchange rate model, a
Mengdi Zhang +2 more
doaj +1 more source
The Monetary Model of Exchange Rate: Evidence from the Philippines Using ARDL Approach [PDF]
In this paper, we re-examine the validity of both short and long run monetary models of exchange rate for the case of the Philippines by using new approach called Autoregressive Distributed Lag (ARDL) to cointegration.
Long, Dara, Samreth, Sovannroeun
core +1 more source
ANALISIS MODEL MONETER HARGA FLEKSIBEL DALAM PENENTUAN NILAI TUKAR RUPIAH
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan, 2007 There are a wide variety of monetary models of exchange rate determination, all of which are outgrowth and extension of the basic flexible-price version pioneered by Frenkel (1978) and Bilson (1978).
Endri Endri
doaj