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On 11-12 May 2011, SUERF and the Belgian Financial Forum, in association with the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) organized the 29th SUERF Colloquium “New Paradigms in Money and Finance?” All the papers in the present SUERF Study are based on...
Persistent link: https://www.econbiz.de/10009651458
Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect between exchange rate changes and domestic consumer prices in general, or, for that matter, even into...
Persistent link: https://www.econbiz.de/10009321489
-level export activity. Using precise survey data from a sample of Swiss firms, I find that an appreciation increases the … degree of international exposure. The likelihood of adjustments is increasing in firm-level export share in total turnover. I …
Persistent link: https://www.econbiz.de/10010682990
sectors of Iran, South Korea and Turkey and compare the results using Iran’s 1999 input-output table, South Korea’s 2005 input … activities are really important in identifying key sectors of Iran, Turkey and Korea although it is less important in some …
Persistent link: https://www.econbiz.de/10010695760
commodity exports move together over time. Using IMF data on the world prices of 44 commodities and national commodity export … shares, we construct new monthly indices of national commodity export prices for 58 countries over 1980-2002. A long …
Persistent link: https://www.econbiz.de/10005825719
Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early … foreign exchange markets. However, the world has known several exchange rate systems beginning with the fixed-gold standard … exchange was deregulated, independent traders finally had access to the biggest trading market of the world; and these forex …
Persistent link: https://www.econbiz.de/10005619306
The paper analyses the production development and trade in rabbit meat in the Czech Republic, in the world and in … total volume of world meat production has been oscillating between 0,5–0,7%. The first part of the paper analyses the main … trade (exchange rate (CZK/€), unit price (€/kg), export volume (in kilograms). The basis for the analyses of mutual …
Persistent link: https://www.econbiz.de/10010638561
The “Great Recession” has painfully demonstrated the impact of real estate prices on real economic activity. Hence, close examination of real estate price changes is important for business cycle analysis and economic policy. However, most real estate price indices for Germany either exhibit...
Persistent link: https://www.econbiz.de/10011151255
This paper explores the role of trade integrationor opennessfor monetary policy transmission in a medium-scale New Keynesian model. Allowing for strategic complementarities in price-setting, we highlight a new dimension of the exchange rate channel by which monetary policy directly impacts...
Persistent link: https://www.econbiz.de/10010986403
The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that pass-through is faster to import prices than to consumer prices. Price setting behaviour in the...
Persistent link: https://www.econbiz.de/10010988452