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The Flexible Exchange Rate System : Experience and Alternatives

Dornbusch, Rudiger; Frankel, Jeffrey A. - 2021

the system was supposed to have in theory. We conclude that the foreign exchange market is characterized by high … from the equilibrium level dictated by fundamentals, contrary to theory. We then look at ten proposed alternatives to the …

Persistent link: https://www.econbiz.de/10013236814

Flexible Exchange Rates in the 1970'S

Frenkel, Jacob A. - 2021

of the purchasing power parity theory and that the deviations from purchasing power parities can be characterized by a …

Persistent link: https://www.econbiz.de/10013237038

Nonsterilized intervention and the floating exchange rate

Djajić, Slobodan - 1987

Persistent link: https://www.econbiz.de/10013427829

Global effects of national stabilization policies under fixed and floating exchange rates

Persson, Torsten - 1981

Persistent link: https://www.econbiz.de/10000082559

China's evolving managed float : an exploration of the roles of the fix and broad dollar movements in explaining daily exchange rate changes

Clark, John - 2017

We investigate the drivers of daily changes in the exchange value of the Chinese currency (CNY) since early 2016, when a new regime was introduced for setting the fix - the midpoint of the CNY's daily trading range against the U.S. dollar. Daily changes in the fix, which is announced just prior...

Persistent link: https://www.econbiz.de/10011754330