Showing 1 - 10 of 1,003
The authors revisit the relationship between energy prices and the Canadian dollar in the Amano and van Norden (1995) equation, which shows a negative relationship such that higher real energy prices lead to a depreciation of the Canadian dollar. Based on structural break tests, the authors find...
Persistent link: https://www.econbiz.de/10005162470
This paper discusses the merits and shortcomings of alternative price indices used in constructing real effective exchange rate indices and examines the effects of different weighting schemes. It also compares selected measures of the real effective exchange rate in terms of their ability to...
Persistent link: https://www.econbiz.de/10005673299
This paper surveys the recent literature on optimal currency areas (OCAs). Topics that are covered include theoretical developments in the context of general-equilibrium models and empirical work on shocks asymmetry and adjustment mechanisms. Issues relating to the endogeneity of OCA criteria,...
Persistent link: https://www.econbiz.de/10005673311
Persistent link: https://www.econbiz.de/10005673376
Persistent link: https://www.econbiz.de/10000860233
Persistent link: https://www.econbiz.de/10000868698
Persistent link: https://www.econbiz.de/10000723094
Persistent link: https://www.econbiz.de/10000551672
Persistent link: https://www.econbiz.de/10000617661