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Inflation differentials in the African economic community
Iorngurum, Tersoo David - 2025
This paper examines the determinants of inflation differentials across member states of the African Economic Community …
Persistent link: https://www.econbiz.de/10015272020
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Exchange rates and prices : evidence from the 2015 Swiss Franc appreciation
Auer, Raphael A.; Burstein, Ariel T.; Lein, Sarah - 2018
The removal of the lower bound on the EUR/CHF exchange rate in January 2015 provides a unique setting to study the implications of a large and sudden appreciation in an otherwise stable macroeconomic environment. Using transaction-level data on non-durable goods purchases by Swiss consumers, we...
Persistent link: https://www.econbiz.de/10011900831
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Trend Inflation and Exchange Rate Dynamics : A New Keynesian Approach
Kano, Takashi - 2016
The paper studies exchange rate implications of trend inflation within a two-country New Keynesian (NK) model under … incomplete international financial markets. A NK Phillips curve generalized by trend inflation with a positive long-run mean … implies an expectational difference equation of inflation with higher-order leads of expected inflation. The resulting two …
Persistent link: https://www.econbiz.de/10012977289
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A Survey on the Determination of Nominal Exchange Rate for USD vis-à-vis INR
Pillin, Punit - 2018
In this paper, I have investigated the out of sample forecast performance for a case study on the determination of the nominal exchange rate for USD vis-à-vis IN¬R under VEC, VAR (in first difference) and Bayesian VAR specification with the help of set of economic theories. The forecast...
Persistent link: https://www.econbiz.de/10012910274
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Exchange Rates and Prices : Evidence from the 2015 Swiss Franc Appreciation
Auer, Raphael A. - 2019
The removal of the lower bound on the EUR/CHF exchange rate in January 2015 provides a unique setting to study the implications of a large and sudden appreciation in an otherwise stable macroeconomic environment. Using transaction-level data on non-durable goods purchases by Swiss consumers, we...
Persistent link: https://www.econbiz.de/10012896768
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The equilibrium rate of unemployment and the real exchange rate : an unobserved components system approach
Lindblad, Hans; Sellin, Peter - 2003
inflation is found to be quite sensitive to the unemployment gap. An increase in cyclical unemployment by 1 percentage point … will reduce inflation by approximately 0.6 percentage points within a year. …
Persistent link: https://www.econbiz.de/10011583137
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Exchange rate implications of Border Tax Adjustment neutrality
Buiter, Willem H. - 2017
This paper investigates the implications for the nominal exchange rate of a Border Tax Adjustment (BTA) when there is BTA neutrality. A border tax adjustment is a change from an origin-based system of taxation, that taxes exports but exempts imports to a destination-based system that taxes...
Persistent link: https://www.econbiz.de/10011645740
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Exchange rate implications of Border Tax Adjustment neutrality
Buiter, Willem H. - 2017
This paper investigates the implications for the nominal exchange rate of a Border Tax Adjustment (BTA) when there is BTA neutrality. A border tax adjustment is a change from an origin-based system of taxation, that taxes exports but exempts imports to a destination-based system that taxes...
Persistent link: https://www.econbiz.de/10011618308
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The Equilibrium Rate of Unemployment and the Real Exchange Rate : An Unobserved Components System Approach
Lindblad, Hans - 2009
A common assumption when analysing unemployment is that the economy is closed. However, the equilibrium rate of unemployment is not identified in an open economy unless the foreign sector is modeled. Therefore we set up and estimate a structural unobserved components open economy model for the...
Persistent link: https://www.econbiz.de/10012720839
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Exchange rates and prices : a continuous wavelet perspective
Uliha, Gábor; Vincze, János - 2018
In this paper we analyze statistics derived from the cross-wavelet transform of inflation differentials and exchange … measure, based on singular value decomposition, that shows which countries have significantly similar inflation differential …
Persistent link: https://www.econbiz.de/10012012512