Showing 1 - 10 of 31
In this paper the interest rate-exchange rate nexus and the effectiveness of interest rate defence are investigated theoretically and empirically. We construct a simple theoretical model by incorporating Taylor rule in the model proposed by Jeanne and Rose (2002). Mixing the macroeconomic theory...
Persistent link: https://www.econbiz.de/10005062695
Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.
Persistent link: https://www.econbiz.de/10010724943
quantitatively three potential determinants of the U.S. external imbalances in the last three decades: productivity growth …, demographic factors, and fiscal policy. The results suggest that (1) productivity growth differentials are the main driving force …
Persistent link: https://www.econbiz.de/10005726628
involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …
Persistent link: https://www.econbiz.de/10002521761
Persistent link: https://www.econbiz.de/10001751995
Persistent link: https://www.econbiz.de/10001752001
Persistent link: https://www.econbiz.de/10001589687
economies of the G7 countries. We first prove that nominal interest and inflation rate can be better represented as being broken …
Persistent link: https://www.econbiz.de/10005556324
Persistent link: https://www.econbiz.de/10000885432