Showing 1 - 10 of 5,764
long-term evolution of the balance of economic weight in the world economy. Such an evolution may mitigate some flaws of …
Persistent link: https://www.econbiz.de/10010317294
The 'currency war', as it has become known, has three aspects: 1) the inflexible pegs of undervalued currencies; 2) recent attempts by floating exchange-rate countries to resist currency appreciation; 3) quantitative easing. Europe should primarily be concerned about the first issue, which...
Persistent link: https://www.econbiz.de/10010494451
laboratory experiment that incorporates more aspects of real world complexity and more different sorts of official and private … sectors should maintain an international exchange rate oriented perspective, or better yet, a single world currency as …
Persistent link: https://www.econbiz.de/10010274185
This paper explores the impact of New Zealand's exchange rate variability on the tradable sector, and policy options for dampening exchange rate variability. It finds that exchange rate variability in the medium term is likely to have a negative impact on the tradable sector. However, the link...
Persistent link: https://www.econbiz.de/10012115626
We study the apparent disconnect between what countries announce to be their exchange rate regime and what they de facto implement. Even though discrepancies between announcements and de facto polices are frequent, there is a lack of understanding of actual patterns and underlying reasons. We...
Persistent link: https://www.econbiz.de/10010427488
Persistent link: https://www.econbiz.de/10011695633
Persistent link: https://www.econbiz.de/10011695634
Persistent link: https://www.econbiz.de/10011695635
The paper analyses the heterogeneity in the link between macroeconomic fundamentals and exchange rates. For a set of important US-specific economic shocks, it shows that such shocks have exerted a remarkably heterogeneous effect on global exchange rate configurations over the past 25 years....
Persistent link: https://www.econbiz.de/10011604881
This paper presents a new measure of capital flow pressures in the form of a recast exchange market pressure index. The measure captures pressures that materialize in actual international capital flows as well as pressures that result in exchange rate adjustments. The formulation is...
Persistent link: https://www.econbiz.de/10011942779