Similar Search Results

Exchange Rate or Wage Changes in International Adjustment? Japan and China Versus the United States

McKinnon, Ronald I. - 2008

China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …

Persistent link: https://www.econbiz.de/10014062517

Global Investors, the Dollar, and U.S. Credit Conditions

Niepmann, Friederike - 2019

This paper documents that an appreciation of the U.S. dollar is associated with a reduction in the supply of commercial and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U.S. banks’ corporate loan originations by 10...

Persistent link: https://www.econbiz.de/10012892284

Global investors, the dollar, and U.S. credit conditions

Niepmann, Friederike; Schmidt-Eisenlohr, Tim - 2018

Persistent link: https://www.econbiz.de/10011922169

Institutional investors, the dollar, and U.S. credit conditions

Niepmann, Friederike; Schmidt-Eisenlohr, Tim - 2019

Persistent link: https://www.econbiz.de/10012004720

How China to US foreign exchange rate relates to US interest rate and bank loans

Nguyen Van Hoa - In: Global journal of business research : GJBR 7 (2013) 4, pp. 101-108

Persistent link: https://www.econbiz.de/10009741328

The reaction of exchange rates and interest rates of news releases

Kreuter, Christof; Gottschling, Andreas; Cornelius, Peter - 1998

Persistent link: https://www.econbiz.de/10000991781

The reaction of exchange rates and interest rates of news releases

Kreuter, Christof; Gottschling, Andreas; Cornelius, Peter - 1998

This note examines how the DEM/USD rate and US short-term and long-term interest rates respond to the release of payroll announcements. In contrast to a recent paper by Edison (1997), who employs a linear econometric model, we test the influence of news by comparing the absolute values of the...

Persistent link: https://www.econbiz.de/10010504320

The dollar during the Global Recession : US monetary policy and the exorbitant duty

Stavrakeva, Vania; Tang, Jenny - 2018 - This version: October, 2018

We document that during the Global Recession, US monetary policy easings triggered the "exorbitant duty" of the United States, the issuer of the world's dominant currency, by causing a dollar appreciation and a transfer of wealth from the United States to the rest of the world. This dollar...

Persistent link: https://www.econbiz.de/10011941052

US dollar exchange rate elasticity of gold returns at different federal fund rate zones

Herley, Michael D.; Orłowski, Lucjan T.; Ritter, Mark A. - In: Economies : open access journal 12 (2024) 9, pp. 1-10

We examine the relationship between gold prices and the U.S. dollar exchange rate, arguing that their interactions are state-dependent and asymmetric under different market conditions. State dependency hinges on different short-term interest rate zones. To prove this point, we determine three...

Persistent link: https://www.econbiz.de/10015073524

Monetary Policy without Moving Interest Rates : The Fed Non-Yield Shock

Boehm, Christoph E.; Kroner, T. Niklas - National Bureau of Economic Research - 2024

Existing high-frequency monetary policy shocks explain surprisingly little variation in stock prices and exchange rates around FOMC announcements. Further, both of these asset classes display heightened volatility relative to non-announcement times. We use a heteroskedasticity-based procedure to...

Persistent link: https://www.econbiz.de/10014576665