The endogeneity of exchange-rate regimes / Barry Eichengreen -- Exchange-rate behavior under alternative exchange-rate arrangements / Mark P. Taylor -- Panel : one money for how many? / Richard N. Cooper, Ronald I. McKinnon, Michael Mussa -- Exchange rates, prices, and external adjustment in the...

The U.S. real effective exchange rate is at its highest level since 1985. In that year, the U.S. and its trading partners coordinated a depreciation of the dollar and the U.S. agreed to reduce its budget deficit. This paper reports that a dollar depreciation today would still improve U.S. trade...

We study the influence of the exchange rate on the speed of economic recovery in a sample of 67 developed and developing economies over the years 1989-2019. First, using a cross-sectional sample of 341 economic recoveries, we study the effect of nominal depreciation and real undervaluation on...