Narrow search
Showing 1 - 10 of 672
Cover Image
Capital Inflows, Exchange Rate Flexibility, and Domestic Credit
Reinhart, Carmen - Volkswirtschaftliche Fakultät, … - 2012
Protracted expansionary monetary policies in advanced countries have renewed the debate over policy options to cope with large capital inflows that drive credit expansions in emerging economies. In a forthcoming paper, we show that during capital inflow bonanzas credit grows more rapidly and its...
Persistent link: https://www.econbiz.de/10011113035
Cover Image
The Capital Inflow “Problem” Revisited
Reinhart, Carmen; Reinhart, Vincent - Volkswirtschaftliche Fakultät, … - 2011
Capital inflows can be a mixed blessing, especially in economies with thin domestic financial markets and when driven by investors with a short-term focus. Many levers of policy can be applied to resist the effects of the inflows. One that has been widely relied upon has been currency...
Persistent link: https://www.econbiz.de/10008871301
Cover Image
Capital Controls: A Meta-analysis Approach
Magud, Nicolas; Reinhart, Carmen; Rogoff, Kenneth - Volkswirtschaftliche Fakultät, … - 2011
In this note we summarize our recent paper, where we delved into the details of this apple-to-oranges problem with the aim of defining a minimum common ground. We begin our analysis by explicitly documenting the kinds of measures that are construed as capital controls. Along the way, we describe...
Persistent link: https://www.econbiz.de/10009004145
Cover Image
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
Cover Image
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
Cover Image
The Single Global Currency: Common Cents for the World
Bonpasse, Morrison - Volkswirtschaftliche Fakultät, … - 2006
This is the only book in print in the world about the single global currency, and is the only book in the world priced in 147 currencies. It describes the origins of the current worldwide foreign exchange system, and tells how to change it; and save the world - trillions. The multicurrency...
Persistent link: https://www.econbiz.de/10005787163
Cover Image
MODELLING THE WORLD EXCHANGE RATES:DYNAMICS, VOLATILITY AND FORECASTING
Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2008
Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early contributions to the postwar literature on exchange rate economics are to a large extent concerened with the role of speculation in foreign exchange markets. However, the world...
Persistent link: https://www.econbiz.de/10005619306
Cover Image
Inflation, Growth and Exchange Rate Regimes in Small Open Economies
Hernandez-Verme, Paula - Volkswirtschaftliche Fakultät, … - 2002
Summary. This is an extended working paper version of the paper that appeared in Economic Theory. It paper compares the merits of alternative exchange rate regimes in small open economies where financial intermediaries perform a real allocative function, there are multiple reserve requirements,...
Persistent link: https://www.econbiz.de/10005037728
Cover Image
Regional exchange rate arrangements in a world of floating rates: The experience of the EMS
Galy, Michel - Volkswirtschaftliche Fakultät, … - 1982
This paper reviews the economic and monetary impacts of the creation of the 1979 European Monetary System on the participating countries and shows that they did not meet all the required theoretical criteria for a successful monetary integration process. Despite this handicap, the 1979 monetary...
Persistent link: https://www.econbiz.de/10011183543
Cover Image
Міжнародні злиття та поглинання у фінансовому секторі: світові тенденції та особливості прояву в Україні...
Shumska, Svitlana; Stepanenko-Lypovyk, Bohdana - Volkswirtschaftliche Fakultät, … - 2012
was supported by the presence in the banking system of a significant share of the capital of foreign banks, parent … banking sector was shown on the basis of the value evaluation of banks that were sold to foreign investors. The countries of … financial crisis of 2008 on the financial stability of banks with both Ukrainian and foreign capital was shown. On the base of …
Persistent link: https://www.econbiz.de/10011259970