-WOODS - 3. THEORIE DER ZIELZONEN - 4. WECHSELKURSSPEKULATION IM KRUGMAN-MODELL - 5. WECHSELKURSSPEKULATION IN ZIELZONEN ALS … analysed:1. INTRODUCTION - 2. THE DISCUSSION ABOUT TARGET ZONES IN THE POST BRETTON WOODS ERA - 3. TARGET ZONE THEORY - 4 …

explaining exchange rate movements. The asset market theory of exchange rate determination implies that exchange rates are mainly … driven by the development of macroeconomic fundamentals. Furthermore the asset market theory assumes that foreign exchange … speculation, economic theory states that speculation can have either a stabilizing effect or a destabilizing effect on exchange …

amount of current financial circulation, net-government, rate of interest and exchange rate to the inflation in Indonesia … Variance DecompositionThe result of this study showed that inflation has contributed to the world oil price, while the … unemployment has been contributed to inflation; the word oil price has contributed to inflation, unemployment and the amount of …

its factors that influence it. The variables which are used are exchange rate, inflation, the price of natural rubber, and … direct, indirect, and total effect of exchange rate, inflation, price to export of natural rubber of North Sumatra by … production of natural rubber. The data calculating uses Eviews 5.1. The result shows that exchange rate, inflation, and price of …

The current discussion of Inflation Targeting (IT) in emerging economies deals with the effects that nominal exchange … rate movements have on the overall inflation rate. The literature has focused in the analysis of the advantages and …-through effect into inflation. So far none of them have dealt with the differences arising from the policy instruments used to fight …

no systematic link between thedecline in inflation and the upward adjustments in indexed interest rates. Third,changes in … the exchange rate and in the performance of the external sector helpexplain the decline in inflation. Fourth, the strong …

increasing sensitivity relies solely on a sustained surge in the degree of comovement for headline inflation, it is also based on … a higher region-wide effect of the shocks for the case of energy inflation. Instead, purely exogenous exchange rate … shocks do not seem to have a signifi cant effect on the core component of headline inflation, which also displays a lower …