Results 61 to 70 of about 2,433,644 (137)
The Complex Reaction 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.
Kharel, RS, Martin, C, Milas, C
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Pricing to Market and the Real Exchange Rate [PDF]
This paper investigates the consequences of pricing to market for exchange rate pass-through and real exchange rate dynamics across different patterns of trade under market segmentation. Under two-way, intraindustry trade--where home prices display greater linkage with those of foreign competitors--domestic and export prices exhibit lower pass-through ...
openaire +5 more sources
Remoteness and Real Exchange Rate Volatility [PDF]
This paper examines the impact of trade costs on real exchange rate volatility. The relationship is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher ...
Claudio Bravo-Ortega, Julian di Giovanni
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Remittances and the real exchange rate [PDF]
Existing empirical evidence indicates that remittances have a positive impact on a good number of development indicators of recipient countries. Yet when flows are too large relative to the size of the recipient economies, as those observed in a number ...
Bussolo, Maurizio +2 more
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Real Exchange Rate Misalignments in the Euro Area
Michael Fidora +2 more
semanticscholar +1 more source
Currency Unions, Product Introductions, and the Real Exchange Rate
We use a novel dataset of online prices of identical goods sold by four large global retailers in dozens of countries to study good-level real exchange rates and their aggregated behavior.
A. Cavallo, Brent Neiman, R. Rigobón
semanticscholar +1 more source
Real Exchange Rates, Saving and Growth: Is there a Link? [PDF]
The view that policies directed at the real exchange rate can have an important effect on economic growth has been gaining adherents in recent years. Unlike the traditional “misalignment" view that temporary departures of the real exchange rate from its
Luis Servén, Peter J. Montiel
core +3 more sources
Real Exchange Rate Variability: An Empirical Analysis of the Developing Countries Case [PDF]
The purpose of this paper is to investigate the potential role of monetary and real factors in explaining real exchange rate variability in developing countries.
Sebastian Edwards
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Consumption Dynamics and Real Exchange Rates
The Paper investigates the role of the real exchange rate in relationships between consumption growth rates across countries when financial markets are integrated. The real exchange rate introduces a wedge between real marginal utilities of consumption in different countries and this wedge plays a prominent role in a number of new theories of ...
openaire +3 more sources
The Dollar and Real Interest Rates [PDF]
In this paper, we investigate the link between the real foreign exchange value of the dollar and real interest rates since 1979. We argue that it is important to consider the possibility that real exchange rate movements reflect movements of the long-run
John Y. Campbell, Richard H. Clarida
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