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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
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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
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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
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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
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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
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Vermögenspreise und Konsum
Illing, Gerhard; Klüh, Ulrich - Volkswirtschaftliche Fakultät, … - 2004
europäische Geldpolitik in der näheren Zukunft ergeben. …
Persistent link: https://www.econbiz.de/10005649821
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Identificarea regimului cursului de schimb valutar în republica moldova
Cibotaru, Vitalie; Neumann, Rainer; Cuhal, Radu; … - Volkswirtschaftliche Fakultät, … - 2011
It has been noted that there is an inconsistency between Moldova's monetary authorities' declared pursuit of price stability and the de facto exchange rate peg. This paper looks into the exchange rate regime of the Moldovan leu (MDL) aiming to identify the de facto regime, to test whether it can...
Persistent link: https://www.econbiz.de/10009226960
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China’s new exchange rate regime, optimal basket currency and currency diversification
Zhang, Zhichao; Shi, Nan; Zhang, Xiaoli - Volkswirtschaftliche Fakultät, … - 2011
We build an optimising framework to analyse a class of economies that adopt an ECU-type basket currency while in transition to increased flexibility of the exchange rate regime. Instead of conventional basket pegging, such an economy uses an ECU-type currency index as a benchmark for monitoring...
Persistent link: https://www.econbiz.de/10009203615
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The single global currency - common cents for the world (2008 Edition)
Bonpasse, Morrison - Volkswirtschaftliche Fakultät, … - 2009
Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192...
Persistent link: https://www.econbiz.de/10005835646
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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