Results 61 to 70 of about 27,054 (194)

Monetary and Exchange Rate Policy in Slovenia [PDF]

The paper is divided in three sections presenting some stylized facts concerning monetary and exchange rate policy framework in Slovenia. Three periods are covered: Money-based Stabilization Policy (1991-1995), Price and Real Exchange Rate Stability Dual
Gonzalo Caprirolo, Vladimir Lavrac
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Inspecting Monetary Policy Rules in a Small Open Economy with Financial Frictions

East Asian Economic Review, 2023
In this paper, we address how the monetary authority should react to financial market status and exchange rates movements in a small open economy New Keynesian model with financial frictions due to asymmetric information between savers and borrowers.
Yongseung Jung
doaj   +1 more source

Monetary Policy Under Exchange Rate Flexibility [PDF]

The continuing depreciation of the dollar stands out as one of the big policy issues. It has started to impinge on U.S. monetary policy; it influences the chances for international commercial diplomacy, and it is enhancing the move toward European ...
Rudiger Dornbusch
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Roles of the Government Bond Yield and the Exchange Rate in the Monetary Conditions of Türkiye

Maliye Çalışmaları Dergisi
The debate over measuring central bank monetary policy stance persists in the literature. Evolving economic dynamics and diverse economic structures render traditional metrics inadequate, prompting the development of comprehensive monetary conditions ...
Savaş Kaptan
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China’s monetary policy and the exchange rate [PDF]

The paper models monetary policy in China using a hybrid McCallum-Taylor empirical reaction function. The feedback rule allows for reactions to inflation and output gaps, and to developments in a trade-weighted exchange rate gap measure.
Mehrotra, Aaron, Sánchez-Fung, José R.
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Openness, imperfect exchange rate pass-through and monetary policy [PDF]

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.
Raf Wouters, Frank Smets
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Linear and nonlinear monetary approaches to the exchange rate of the Philippines peso-Japanese yen [PDF]

This study provides evidence of nonlinear long-run relationship between peso-yen exchange rate and its monetary determinants implied by the reduced-form flexible-price monetary model for the Philippines, using Breitung`s (2001) nonlinear cointegration ...
Venus khim-sen Liew
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Monetary policy flexibility in floating exchange rate regimes : currency denomination and import shares [PDF]

, 2013
This paper argues that the degree of monetary flexibility a government enjoys does not only depend on the implemented monetary institutions such as exchange rate arrangements and central bank independence but also on the economic and financial ...
Troeger, Vera
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Optimal Monetary Policy Delegation under Incomplete Exchange Rate Pass-Through [PDF]

The central bank’s optimal objective function is analyzed in a small open economy model allowing for incomplete exchange rate pass-through. The results indicate that social welfare can only be marginally improved by including an explicit exchange-rate ...
Adolfson, Malin
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Exchange rate determination of TL/US$: a co-integration approach [PDF]

In our paper, we investigate exchange rate determination mechanism of TL/US$ for the 1987Q1-2006Q4 period using quarterly observations. Following a large literature review, we first highlight various approaches explaining monetary model exchange rate ...
Levent, Korap
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