Results 261 to 270 of about 256,585 (304)

Real Exchange Rate Decompositions

2022
We provide a novel daily decomposition of the real exchange rate that exploits a direct link between bond and foreign exchange (FX) markets. Real exchange rate dynamics can be attributed to changes in the expected future level of the exchange rate; cross-country differentials of expected inflation, yields and bond term premia; and an FX risk premium ...
Feunou, Bruno   +2 more
openaire   +2 more sources

How Real are Real Exchange Rates?

International Economic Journal, 1997
This Paper analyzes the role of real disturbances in the real dollar exchange rates of the mark, yen and the pound both during the post-1973 float and in the long-run historical date. The results indicate dominate roles of real shocks in all three exchange rates in the post-1973 float although a substantial portion of short-run variations in the mark ...
openaire   +1 more source

On Exchange Rates, Nominal and Real

Journal of International Money and Finance, 1998
Abstract The paper first develops an Australian `commodity currency' exchange rate model, which is extended to deal with real exchange rates as well. The nominal and real exchange-rate versions are then tested on Swiss data for the post-Bretton Woods period.
openaire   +1 more source

Non Tradable Goods and the Real Exchange Rate

SSRN Electronic Journal, 2007
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Rabanal, Pau, Tuesta, Vicente
openaire   +2 more sources

Tax Effects on the Real Exchange Rate [PDF]

open access: possibleReview of International Economics, 2007
AbstractThis study examines the impact of taxes on the real exchange rate through their marginal effects on economic activity. We hypothesize that an increase in the capital interest tax rate leads to real domestic currency depreciation while an increase in wage or consumption tax rates leads to a real domestic currency appreciation.
Stacie Beck, Cagay Coskuner
openaire   +1 more source

Nominal exchange rate regimes and the real exchange rate

Journal of Monetary Economics, 1991
Abstract Two assumptions about the real exchange rate are common in the literature on international finance: (1) the real exchange rate is a random walk, (2) the time series properties of the real exchange rate depend on the nominal exchange rate regime.
Vittorio Grilli, Graciela Kaminsky
openaire   +1 more source

GHANA: EXCHANGE RATE REFORMS AND THE REAL EXCHANGE RATE

1998
The dual purpose of the exchange rate (the price of a unit of foreign currency) as a means of allocating scarce foreign currency among competing uses and an important determinant of income distribution through its influence on the returns to those who produce or consume treadables, makes it a prime target as a policy tool, as has been experienced in ...
Asuming-Brempong, Samuel   +1 more
openaire   +3 more sources

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