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Exchange rate regimes, specialization and trade volume

Devereux, Michael B. (contributor); … - In: Topics in macroeconomics 6 (2006) 2, pp. 1-34

Persistent link: https://www.econbiz.de/10003386058

Exchange Rate Regimes, Specialization and Trade Volume

Devereux, Michael B. - 2008

We develop a general equilibrium monetary model of endogenous specialization and international trade to examine the degree of specialization and trade volume under alternative exchange rate regimes. Where demand shocks are important, we demonstrate an increase in specialization, trade and...

Persistent link: https://www.econbiz.de/10012726353

Fixed on flexible rethinking exchange rate regimes after the Great Recession

Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J. - 2017

Persistent link: https://www.econbiz.de/10012423723

Fixed on flexible rethinking exchange rate regimes after the Great Recession

Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J. - 2017

Persistent link: https://www.econbiz.de/10012171957

Dollarization dilemma : price stability at the cost of external competitiveness in Cambodia

Samreth, Sovannroeun; Sánchez-Martín, Miguel Eduardo; … - 2019

of quarterly data over 1994Q4-2016Q4, indicate that a positive US interest rate shock has a negative impact on Cambodia …, this shock also leads to a significant decrease in Cambodia's international reserve levels during the first two quarters … following the shock. The surrendering of monetary and exchange rate independence seems to affect the competitiveness of the …

Persistent link: https://www.econbiz.de/10012051925

International monetary regimes and the German model

Scharpf, Fritz W. - 2018

The end of the Bretton Woods regime and the fall of the Iron Curtain deepened the export orientation of the German model of the economy. Only after entry into the Monetary Union, however, did rising exports turn into a persistent export–import gap that became a problem for other eurozone...

Persistent link: https://www.econbiz.de/10011792440

Chapter 23. The Performance of Alternative Monetary Regimes

Ball, Laurence - In: Handbook of monetary economics : volume 3, (pp. 1303-1343). 2010

This paper compares the performance of economies with different monetary regimes during the last quarter century. The conclusions include: (1) There is little evidence that inflation targeting affects performance in advanced economies, but some evidence of benefits in emerging economies; (2)...

Persistent link: https://www.econbiz.de/10014025619

Policy choices and resilience to international monetary shocks

Han, Xuehui; Wei, Shang-jin - In: Global economic review 43 (2014) 4, pp. 319-337

Persistent link: https://www.econbiz.de/10010511625

Fiscal transfers in a monetary union with exit option

Hefeker, Carsten; Neugart, Michael - In: Review of international economics 23 (2015) 3, pp. 489-508

Persistent link: https://www.econbiz.de/10011378226

Fiscal transfers in a monetary union with exit option

Hefeker, Carsten; Neugart, Michael - 2015

It is widely debated whether a monetary union has to be accompanied by a fiscal transfer scheme to accommodate asymmetric shocks. We build a model of a monetary union with a central bank and two heterogeneous countries that are linked by a fiscal transfer scheme with repercussions on monetary...

Persistent link: https://www.econbiz.de/10010492336