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LES déterminants du taux de change au Maroc : Une étude empirique

El Bouhadi, A.; Elkhider, Abdelkader; Kchirid, El Mustapha - Volkswirtschaftliche Fakultät, … - 2008

One of the most important instruments of economic policy of the opened countries is the exchange rate. It is considered both a mean of monetary regulation and a tool of outside competitiveness. Morocco plans to adopt the floating exchange rate regime, in the end of 2009. Indeed, the question...

Persistent link: https://www.econbiz.de/10008490557

Monetary policy options for mitigating the impact of the global financial crisis on emerging market economies.

Dąbrowski, Marek A.; Śmiech, Sławomir; Papież, Monika - Volkswirtschaftliche Fakultät, … - 2013

Though the hypothesis that exchange rate regimes fully predetermine monetary policy in the face of external shocks hardly finds any advocates on theoretical ground it has crept in the most of empirical research. This study adopts a more discerning empirical approach that looks at monetary policy...

Persistent link: https://www.econbiz.de/10011109484

Toward Maghreb monetary unification:what does the theory and history tell us?

Belhadj, Aam; bangake, Chrysost; Jedlane, NABIL - Volkswirtschaftliche Fakultät, … - 2007

Since the beginning of the decade, numerous economic and monetary unification projects have aroused a lot of interest. The reinforcement of economic and monetary integration, especially in Europe, has set a trend for the creation of a monetary union in many others regions of the world. Since...

Persistent link: https://www.econbiz.de/10011260997

Exchange rate stabilization under imperfect credibility

Calvo, Guillermo; Vegh, Carlos - Volkswirtschaftliche Fakultät, … - 1991

This paper analyzes stabilization policy under predetermined exchange rates in a cash-in-advance, staggered-prices model. Under full credibility, a reduction in the rate of devaluation results in an immediate and permanent reduction in the inflation rate, with no effect on output or consumption....

Persistent link: https://www.econbiz.de/10008596363

A win-win monetary policy in Canada

Kitov, Oleg; Kitov, Ivan - Volkswirtschaftliche Fakultät, … - 2011

unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …

Persistent link: https://www.econbiz.de/10008927057

Vermögenspreise und Konsum

Illing, Gerhard; Klüh, Ulrich - Volkswirtschaftliche Fakultät, … - 2004

europäische Geldpolitik in der näheren Zukunft ergeben. …

Persistent link: https://www.econbiz.de/10005649821

Optimal choice of an exchange rate regime: a critical literature review

Ouchen, Mariam - Volkswirtschaftliche Fakultät, … - 2013

This paper set out to review the main theories and empirical methods employed in selecting an appropriate exchange rate regime.In order to achieve this, the paper is organized as follows : Section 2 introduces the distinct classifications of exchange regimes(de jure exchange rate regimes versus...

Persistent link: https://www.econbiz.de/10011109757

Eastern enlargement: the sooner, the better?

Arndt, Sven; Handler, Heinz; Salvatore, Dominick - Volkswirtschaftliche Fakultät, … - 2000

This conference volume discusses the pros and cons of early integration into the European Union of Eastern transition countries, given the information available at the turn of the century. The questions posed refer to the structural gap between accession countries (ACs) and the EU, the optimal...

Persistent link: https://www.econbiz.de/10011111758

To be or not to be in the euro? Benefits and costs of monetary unification as perceived by voters in the Swedish euro referendum 2003

Jonung, Lars - Volkswirtschaftliche Fakultät, … - 2004

The Swedish referendum in September 2003 on adopting the euro or keeping the domestic currency, the krona, represents a unique event to examine the public’s perceptions of the benefits and costs of monetary unification. The voters chose between the two polar cases of exchange rate regimes:...

Persistent link: https://www.econbiz.de/10005621732

The Single Global Currency - Common Cents for the World (2007 Edition)

Bonpasse, Morrison - Volkswirtschaftliche Fakultät, … - 2007

This is the 2007 Edition of the only book in print in the world about the Single Global Currency, and is the only book in the world priced in 143 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192 U.N. members to...

Persistent link: https://www.econbiz.de/10005621973