Results 51 to 60 of about 27,054 (194)

A Role Model for China? Exchange Rate Flexibility and Monetary Policy in Japan [PDF]

SSRN Electronic Journal, 2007
Abstract A substantial number of papers have proposed to allow for more exchange rate flexibility of the Chinese yuan. But few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese
Gunther Schnabl, Christian Danne
openaire   +3 more sources

Monetary policy transmission mechanism in post-communist economies: Evidence from Uzbekistan

Central Bank Review
This study aims to evaluate the transmission mechanisms of monetary policy in a post-communist economy using structural vector autoregression (SVAR) model.
Elyor Davlatov, Judit Sági
doaj   +1 more source

Exchange rate and interest rate distribution and volatility under the Portuguese target zone [PDF]

Panoeconomicus, 2010
The aim of this study is to analyse the exchange rate and interest rate distribution and volatility under the participation of the Portuguese economy in the Exchange Rate Mechanism (ERM) of the European Monetary System (EMS) based on some of the main ...
Portugal Duarte António, Andrade Sousa João, Duarte Adelaide   +2 more
doaj   +1 more source

Komparasi Jalur Moneter untuk Stabilitas Harga Dalam Kerangka Inflation Targeting Framework (Studi kasus pada interest rate, exchange rate dan credit channel)

Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK), 2019
The monetary policy transmission mechanism has many ways in influencing inflation. This method became known as the monetary path. The use of appropriate channels in monetary policy will affect whether or not the objectives of the monetary policy are ...
Setyo Tri Wahyudi, Rinny Apriliany Zakaria, Nurul Badriyah   +2 more
doaj   +1 more source

Openness, imperfect exchange rate pass-through and monetary policy. NBB Working Paper Nr. 19 [PDF]

, 2002
This paper analyses the implications of imperfect exchange rate passthrough for optimal monetary policy in a linearised open-economy dynamic general equilibrium model calibrated to euro area data.
Wouters, Raf, Smets, Frank
core  

From monetary to exchange rate targets. A comment

PSL Quarterly Review, 2013
A brief comment on M.J. Artis’ From monetary to exchange rate targets. The author qualifies some of the conclusions of the static model, highlights some of the different lessons of the transition problem and offers a somewhat different perspective on the
R. DORNBUSH
doaj   +1 more source

Alternative Monetary Policy Rules in a Small Open Economy with Financial Frictions: The Case of Korea

East Asian Economic Review, 2011
This paper first shows an empirical result of VAR that Korean economy has experienced a severe economic contraction to an exogenous country spread shock.
Yongseung Jung
doaj   +1 more source

Exchange rate dynamics, expectations, and monetary policy [PDF]

This paper re-investigates the implications of monetary policy rules on changes in exchange rate, in a risk-adjusted, uncovered interest parity model with unrestricted parameters, emphasizing the importance of modeling market expectations of monetary ...
Chen, Qianying
core  

Nonlinear prediction of Malaysian exchange rate with monetary fundamentals [PDF]

This paper compares one-step-ahead out-of-sample predictions on Malaysian Ringgit-US Dollar exchange rate using the generalized regression neural network for a range of forecasting horizons from 1991M3 to 2008M8.
Chun-Teck Lye, Chee-Wooi Hooy, Tze-Haw Chan   +2 more
core  

Exchange Rate Pass-Through And Monetary Policy [PDF]

This paper discusses what recent economic research tells us about exchange rate pass-through and what this suggests for the control of monetary policy. It first focuses on exchange rate pass-through from a macroeconomic perspective and then examines the ...
Frederic S. Mishkin
core