Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10003725996
Persistent link: https://www.econbiz.de/10003771216
Persistent link: https://www.econbiz.de/10003839254
Persistent link: https://www.econbiz.de/10011536042
Persistent link: https://www.econbiz.de/10010501960
While the trade channel indicates that an exchange rate depreciation will stimulate domestic economic activity, the financial channel can have the opposite effect. When banks and non-banks have foreign currency liabilities, an exchange rate depreciation has valuation effects that can lead to a...
Persistent link: https://www.econbiz.de/10012977169
We show that the impact of monetary policy on exchange rates has been growing significantly in recent years. Our results are established by a high-frequency event study of how key fixed income instruments - Overnight-Index Swaps (OIS) and Bonds - respond jointly with exchange rates to news about...
Persistent link: https://www.econbiz.de/10012984040
Persistent link: https://www.econbiz.de/10011644829