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Essays on the Exchange Rate Policy

open access: yesEssays on the Exchange Rate Policy
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The Monetary Policy and Exchange Rate Policy of China

open access: yesThe Monetary Policy and Exchange Rate Policy of China
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Risk, Monetary Policy, and the Exchange Rate [PDF]

open access: possibleNBER Macroeconomics Annual, 2012
In this research, we provide new empirical evidence on the importance of time- varying uncertainty for the exchange rate and the excess return in currency markets. Following an increase in monetary policy uncertainty, the dollar exchange rate appreciates in the medium run, while an increase in the volatility of productivity leads to a dollar ...
Gianluca Benigno   +2 more
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On the Exchange Rate Policy

Voprosy Ekonomiki, 2010
The level of trust in the local currency in Russia is very low largely because of relatively high inflation. As a result, Bank of Russia during crisis times can not afford monetary policy loosening and has to fight devaluation expectations. To change the situation in the post-crisis period Russia needs to live through a continuous period of low ...
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THE NATURAL RATE HYPOTHESIS, POLICY RULES, AND FIXED EXCHANGE RATES

Oxford Economic Papers, 1979
(the NRH) with the hypothesis that under fixed exchange rates there is a rate of inflation common to all countries which can therefore be called the world inflation rate and which is determined by the rate of increase of the world money supply. And secondly, on the basis of this synthesis we reconsider the policy implications of the NRH for the ...
Duck, Nigel W, Zis, George
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Fiscal Policy, Monetary Policy and the Exchange Rate

Australian Economic Review, 2001
Domestic fiscal and monetary policy settings can influence the strength of the Australia dollar in a number of different ways.
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