Narrow search
Showing 1 - 10 of 364
Cover Image
The European Monetary Union as a Commitment Device for New EU Member States
Ravenna, Federico - 2005
We show that the credibility gain from permanently committing to a fixed exchange rate by joining the European Monetary … full credibility. Using a DSGE model, this paper shows that when the central bank enjoys only limited credibility a pegged … reversed in a full-credibility environment. There exists an initial stock of credibility that must be achieved for a policy …
Persistent link: https://www.econbiz.de/10013370015
Cover Image
Foreign output shocks, monetary rules and macroeconomic volatilities in small open economies
Alba, Joseph D.; Zheng, Su; Chia, Wai-mun - In: International review of economics & finance : IREF 20 (2011) 1, pp. 71-81
Persistent link: https://www.econbiz.de/10009304223
Cover Image
Integrated monetary and exchange rate frameworks
Vinhas de Souza, Lúcio - 2002
Here the author empirically estimates if the different monetary and exchange rate frameworks observed in the Accession Countries of Central and Eastern Europe and the Baltics do yield different outcomes in terms of level and variance of a set of nominal and real variables. The author follows and...
Persistent link: https://www.econbiz.de/10011326957
Cover Image
Oil shocks and monetary policy rules in emerging economies
Alba, Joseph D.; Chia, Wai-mun; Zheng, Su - In: Applied economics 45 (2013) 34/36, pp. 4971-4984
Persistent link: https://www.econbiz.de/10010225881
Cover Image
Gauging exchange rate targeting
Parley, David; Popper, Helen Ann - In: Journal of international money and finance 43 (2014), pp. 155-166
Persistent link: https://www.econbiz.de/10010372630
Cover Image
De facto exchange rate regimes and inflation targeting in Latin America : some empirical evidence from the past decade
Bermúdez, Cecilia - In: EconoQuantum : Revista de Economía y Negocios 11 (2014) 1, pp. 31-57
Persistent link: https://www.econbiz.de/10011558465
Cover Image
Currency regimes and external competitiveness : the role of institutions, trade agreements and monetary frameworks
Aman, Zunaira; Mallick, Sushanta Kumar; Nemlioglu, Ilayda - In: Journal of institutional economics 18 (2022) 3, pp. 399-428
Persistent link: https://www.econbiz.de/10013270041
Cover Image
Changes in monetary regimes and the identification of monetary policy shocks : narrative evidence from Canada
Champagne, Julien; Sekkel, Rodrigo - 2017
We use narrative evidence along with a novel database of real-time data and forecasts from the Bank of Canada's staff economic projections from 1974 to 2015 to construct a new measure of monetary policy shocks and estimate the effects of monetary policy in Canada. We show that it is crucial to...
Persistent link: https://www.econbiz.de/10011777945
Cover Image
Monetary policy trilemma, inflation targeting and global financial crisis
Gülşen, Eda; Özmen, Erdal - 2017
Persistent link: https://www.econbiz.de/10011779677
Cover Image
Russian Federation: Selected Issues
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper analyzes the impact of the adoption of inflation targeting (IT) on exchange rate volatility in Russian Federation. Russia has seen an increase in exchange rate volatility during the past few years compared with the period before the global financial crisis, as the...
Persistent link: https://www.econbiz.de/10011245826