Narrow search
Showing 1 - 10 of 670
Cover Image
Method of Collecting Exchange Rates for the Calculation of the Value of the SDR for the purposes of Rule 0-2(a)
International Monetary Fund - 2016
This paper proposes modifications to the method of collecting exchange rates for the calculation of the value of the SDR for the purposes of Rule O-2(a). The value of the SDR in terms of the U.S. dollar is determined daily as the sum of the equivalents in U. S. dollar values of the amounts of...
Persistent link: https://www.econbiz.de/10014408667
Cover Image
The Balance of Trade, the Terms of Trade, and the Real Exchange Rate : An Intertemporal Optimizing Framework
International Monetary Fund - 1988
This paper uses an intertemporal optimizing model of a small open economy to analyze how terms of trade changes affect real exchange rates and the trade balance. We consider temporary current, anticipated future, and permanent changes in the terms of trade. The results suggest that the...
Persistent link: https://www.econbiz.de/10014396150
Cover Image
Temporary Import Tariffs, the Real Exchange Rate and the Current Account
International Monetary Fund - 1988
In this paper a general equilibrium intertemporal model with optimizing consumers and producers is developed to analyze how the imposition of a temporary import tariff affects the path of real exchange rates and the current account. The model is completely real, and considers a small open...
Persistent link: https://www.econbiz.de/10014395800
Cover Image
The Equilibrium Real Exchange Rate in a Commodity Exporting Country : The Case of Russia
International Monetary Fund - 2003
Questions about external competitiveness, exchange rate misalignment, and the appropriate exchange rate policy feature prominently in the Russian policy debate. This paper furthers the debate by estimating empirically Russia''s equilibrium real exchange rate (ERER)-that is, the rate consistent...
Persistent link: https://www.econbiz.de/10014403856
Cover Image
Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime : The Case of the Islamic Republic of Iran
International Monetary Fund - 1999
This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective exchange rate (REER). It also considers the determinants of the REER in connection with the choice of exchange regime after unification. The study illustrates how economic...
Persistent link: https://www.econbiz.de/10014401804
Cover Image
Real Exchange Rates and Commodity Prices in Neoclassical Model
International Monetary Fund - 1988
This paper presents a neoclassical model that explains the observed empirical relationship between government spending and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and increasing world commodity supplies simultaneously lead...
Persistent link: https://www.econbiz.de/10014396210
Cover Image
Trade Costs and Real Exchange Rate Volatility : The Role of Ricardian Comparative Advantage
International Monetary Fund - 2005
This paper examines the impact of trade costs on real exchange rate volatility. We incorporate a multi … exchange rate volatility depends on relative technological differences and trade costs. These differences highlight a new … volatility. We then test the importance of this channel using a large panel of cross-country data over 1970-97, and find strong …
Persistent link: https://www.econbiz.de/10014399797
Cover Image
Remoteness and Real Exchange Rate Volatility
International Monetary Fund - 2005
This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing … higher trade costs result in a larger nontradable sector. This, in turn, leads to higher real exchange rate volatility. We …
Persistent link: https://www.econbiz.de/10014404193
Cover Image
Exchange Rate Volatility and Trade Flows : Some New Evidence
International Monetary Fund - 2004
Persistent link: https://www.econbiz.de/10014409758
Cover Image
Exchange Rate Volatility and World Trade
International Monetary Fund - 1984
In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate...
Persistent link: https://www.econbiz.de/10014406218