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Inflation differentials and real exchange rate dispersion : new stylized facts and possible explanations

Beck, Günter W. - 2004

Persistent link: https://www.econbiz.de/10002122257

Essays in international monetary economics

Mykhaylova, Olena - 2008

Persistent link: https://www.econbiz.de/10011573756

Fiscal policy when monetary policy is tied to the mast

Agell, Jonas - 1994

Persistent link: https://www.econbiz.de/10013359808

The political choice and collapse of fixed exchange rates

Hefeker, Carsten - 1995

Evidence suggests there is a strong tendency among states to choose fixed exchange rates. Yet he interpretation of fixed exchange rates as a monetary policy rule remains unconvincing. Adopting an endogenous policy perspective, this paper argues that political-support maximizing governments...

Persistent link: https://www.econbiz.de/10009681117

The "uncovered inflation rate parity" condition in a monetary union

Acocella, Nicola; Pasimeni, Paolo - 2018

), the problem of instability is simply transferred to inflation rate differentials, what we call the (impossibility of the …) "uncovered inflation rate parity condition" in a monetary union. The analysis of the actual divergences and imbalances in the EMU …, then, suggests that failure to respect the "uncovered inflation rate parity condition" in a monetary union may lead to …

Persistent link: https://www.econbiz.de/10011926988