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Adopting Currency Convertibility : Experiences and Monetary Policy Considerations for Advanced Developing Countries

Quirk, Peter J. - 1994

move to full currency convertibility. The main experiences of industrial countries in their decontrol of international …

Persistent link: https://www.econbiz.de/10014396140

Trade Reform Under Partial Currency Convertibility : Some Suggestive Results

International Monetary Fund - 1988

. The latter is modelled by recognizing prior constraints on free currency convertibility that are imposed via the use of a …

Persistent link: https://www.econbiz.de/10014396238

Currency Convertibility and the Fund : Review and Prognosis

Galbis, Vicente G. - 1996

This paper reviews experience with currency convertibility on both the current and capital accounts, with particular … attention to the Fund’s concepts and policy implications. After discussing the basic concepts of convertibility, the paper … reviews the experience with convertibility in three groups of Fund members--industrial countries, developing countries, and …

Persistent link: https://www.econbiz.de/10014398501

Convertibility Risk : The Precautionary Demand for Foreign Currency in a Crisis

Mourmouras, Alexandros Thomas - 2001

This paper presents theoretical work linking money demand to the perceptions of households about the risk that domestic currency may become inconvertible or that it may be devalued. An empirical investigation of the size of this effect is carried out using both cross section data and then...

Persistent link: https://www.econbiz.de/10014400108

Quality, Trade, and Exchange Rate Pass-Through

Chen, Natalie - 2014

This paper investigates theoretically and empirically the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real depreciation and with quality, leading to more...

Persistent link: https://www.econbiz.de/10014411197

Empirical Analysis of High-Inflation Episodes in Argentina, Brazil, and Israel

International Monetary Fund - 1988

immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel. An attempt is made to …

Persistent link: https://www.econbiz.de/10014396235

Market Discipline and Conflicts of Interest Between Banks and Pension Funds

Barajas, Adolfo - 2011

examine whether, and if so how, pension funds influence market discipline in Argentina in the period 1998-2001. We find …

Persistent link: https://www.econbiz.de/10014397134

Speculative Attacks and Models of Balance of Payments Crises

Flood, Robert P. - 1991

This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...

Persistent link: https://www.econbiz.de/10014398067

Money and Credit Under Currency Substitution

Rodríguez, Carlos Alfredo - 1992

experience in Argentina and Peru where local banks have been authorized to capture dollar deposits from residents …

Persistent link: https://www.econbiz.de/10014398077

Credit and Exchange Rate-Based Stabilization

Khamis, May Y. - 1996

in absolute terms and as a fraction of real economic activity. Empirical results using data for Mexico, Chile, Argentina …, and Israel support a negative statistically significant relationship between credit and inflation for Mexico, Argentina …

Persistent link: https://www.econbiz.de/10014398434