Exchange Rates and Taxes [PDF]
This paper demonstrates that different rates of taxation on interest income and exchange gains may bias results of hypothesis testing regarding critical aspects of exchange rate behavior. Two problems are discussed specifically.
John H. Makin
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Real interest rate differentials and the real exchange rate: Evidence from four African countries [PDF]
During the early 1990s much has been written about the return of foreign private capital to many of the larger Asian and Latin American countries. However, until 1992 there was little evidence that countries in sub-Saharan Africa were participating in ...
Asea, Patrick, Reinhart, Carmen
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The novel sterilization device: the prototype testing. [PDF]
Nowak R+4 more
europepmc +1 more source
Monetary targeting with exchange rate constraints: the Bundesbank in the 1980's [PDF]
Banks and banking - Germany ; Germany ; Monetary policy ...
Jurgen Von Hagen
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Hot Money Inflows in China : How the People's Bank of China Took up the Challenge [PDF]
This paper investigates hot money inflows in China. The financial liberalization comes into effect and the effectiveness of capital controls tends to diminish over time. As a result, China is fuelled by hot money inflows.
Vincent Bouvatier
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China's Role in the Revived Bretton Woods System: A Case of Mistaken Identity [PDF]
This paper argues that the way in which China is portrayed in the revived Bretton Woods thesis (BW2) is not consistent with several important trends in, and features of, the Chinese economy; nor does the strategy in the BW2 seem sensible for China's long-
Morris Goldstein, Nicholas R. Lardy
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Changes in the mechanical properties of tibialis anterior and peroneus longus allograft depending on sterilization method and storage time. [PDF]
Faragó D+4 more
europepmc +1 more source
Is Malaysia exempted from impossible trinity: empirical evidence from 1991-2009 [PDF]
This paper examines Bank Negara Malaysia’s (BNM) monetary policy autonomy in 1991-2009, a period of volatile capital flows, during which BNM operated under several exchange regimes: managed floating; fixed exchange rates; and fixed exchange rates with ...
Goh, SooKhoon, Lim, Ewe Ghee
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Monetary Policy Rules for Managing Aid Surges in Africa [PDF]
We examine the properties of alternative monetary policy rules in response to large aid surges in low-income countries characterized by incomplete capital market integration and currency substitution. Using a dynamic stochastic general equilibrium model,
Adam, Christopher S.+3 more
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The Dynamics of Capital Movements to Emerging Economies During the 1990s [PDF]
I certify that I have the right to deposit the contribution with ...
Montiel, Peter, Reinhart, Carmen
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