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Vehicle currency
Devereux, Michael B.; Shi, Shouyong - Federal Reserve Bank of Dallas - 2008
existence, the size of the vehicle currency economy, and the monetary policy followed by the vehicle currency's government. We …
Persistent link: https://www.econbiz.de/10005367962
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Oil shocks through international transport costs: evidence from U.S. business cycles
Yilmazkuday, Hakan - Federal Reserve Bank of Dallas - 2011
The effects of oil shocks on output volatility through international transport costs are investigated in an open-economy ….S. economy by a Bayesian approach for moving windows of ten years. For model selection, the posterior odds ratios of the two …
Persistent link: https://www.econbiz.de/10009292928
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A perspective on Mexico
Fisher, Richard W. - Federal Reserve Bank of Dallas - 2006
in Mexico is a loss for the entire border economy, where so much of our growth is linked to expansion on the more …
Persistent link: https://www.econbiz.de/10010723078
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The extended importance of the euro
Fisher, Richard W. - Federal Reserve Bank of Dallas - 2006
Remarks before the European Banking Congress, Frankfurt am Main, Germany, November 17, 2006 ; "While the ECB has delivered a currency that retains its purchasing power at least as well as the dollar, there are at least three reasons why the euro is unlikely to displace the dollar as the dominant...
Persistent link: https://www.econbiz.de/10010726043
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Monetary policy strategy in a global environment
Moutot, Philippe; Vitale, Giovanni - Federal Reserve Bank of Dallas - 2009
Since the mid-1980s the world economy has gone through profound transformations of which the sources and effects are …
Persistent link: https://www.econbiz.de/10005498677
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Financial globalization, financial frictions and optimal monetary policy
Faia, Ester; Iliopulos, Eleni - Federal Reserve Bank of Dallas - 2010
answer this question we lay down an open economy model where net lending toward the rest of the world is constrained by a … accumulation is subject to adjustment costs. We demonstrate that, although this economy can generate persistent current account …
Persistent link: https://www.econbiz.de/10008465685