Showing 1 - 10 of 91,167
Persistent link: https://www.econbiz.de/10003776096
Persistent link: https://www.econbiz.de/10001537748
Persistent link: https://www.econbiz.de/10001590832
This paper studies the optimal choice of exchange rate regimes between two large currency areas. It provides a positive and normative analysis of alternative monetary policy rules in a model with sticky prices, monopolistic competition, and frictions in the processes of capital accumulation and...
Persistent link: https://www.econbiz.de/10013320290
Persistent link: https://www.econbiz.de/10013434352
Persistent link: https://www.econbiz.de/10003451829
Persistent link: https://www.econbiz.de/10008746512
of quarterly data over 1994Q4-2016Q4, indicate that a positive US interest rate shock has a negative impact on Cambodia …, this shock also leads to a significant decrease in Cambodia's international reserve levels during the first two quarters … following the shock. The surrendering of monetary and exchange rate independence seems to affect the competitiveness of the …
Persistent link: https://www.econbiz.de/10012051925
The end of the Bretton Woods regime and the fall of the Iron Curtain deepened the export orientation of the German model of the economy. Only after entry into the Monetary Union, however, did rising exports turn into a persistent export–import gap that became a problem for other eurozone...
Persistent link: https://www.econbiz.de/10011792440