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The U.S. dollar and trade deficit: what accounts for the late 1990s?

Hunt, Benjamin F.; Rebucci, Alessandro - 2003

Persistent link: https://www.econbiz.de/10001871833

How important is the shock-absorbing role of the real exchange rate?

Masten, Igor - In: Economic and business review for Central and … 7 (2005) 3, pp. 167-194

Persistent link: https://www.econbiz.de/10003241127

The US dollar and the trade deficit : what accounts for the late 1990s?

Hunt, Benjamin F.; Rebucci, Alessandro - In: International finance 8 (2005) 3, pp. 399-434

Persistent link: https://www.econbiz.de/10003242835

The U.S. Dollar and the Trade Deficit : What Accounts for the Late 1990's?

Hunt, Ben - 2003

between the United States and the rest of the world, this paper asks to what extent an asymmetric productivity shock in the … second half of the 1990s. The paper concludes that the Balassa-Samuelson effect of such a productivity shock is only part of … the story. A second shock, a broadly defined “risk premium” shock, and some uncertainty about the persistence of both …

Persistent link: https://www.econbiz.de/10014399692

How the oil price and other factors of real exchange rate dynamics affect real GDP in Russia

Polbin, Andrej; Skrobotov, Anton; Zubarev, Andrej - In: Emerging markets, finance and trade : EMFT 56 (2020) 15, pp. 3732-3745

Persistent link: https://www.econbiz.de/10012423687

The U.S. Dollar and the Trade Deficit : What Accounts for the Late 1990s?

Hunt, Ben; Rebucci, Alessandro - 2021

between the United States and the rest of the world, this paper asks to what extent an asymmetric productivity shock in the … second half of the 1990s. The paper concludes that the Balassa-Samuelson effect of such a productivity shock is only part of … the story. A second shock, a broadly defined risk premium shock, and some uncertainty about the persistence of both shocks …

Persistent link: https://www.econbiz.de/10013317763

Can Non-Linear Real Shocks Explain the Persistence of PPP Exchange Rate Disequilibria?

Peltonen, Tuomas A. - 2011

A core stylized fact of the empirical exchange rate literature is that half-life deviations of equilibrium real exchange rates from levels implied by Purchasing Power Parity (PPP) are very persistent. Empirical efforts to explain this persistence typically proceed along two distinct paths,...

Persistent link: https://www.econbiz.de/10013134541

International risk-sharing and the transmission of productivity shocks

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2004

A central puzzle in international finance is that real exchange rates are volatile and, in stark contradiction to effcient risk-sharing, negatively correlated with cross-country consumption ratios. This paper shows that incomplete asset markets and a low price elasticity of tradables can account...

Persistent link: https://www.econbiz.de/10009636531

External shocks, the real exchange rate, and tax policy

Tokarick, Stephen Philip - In: Staff papers / International Monetary Fund 42 (1995) 1, pp. 49-79

Persistent link: https://www.econbiz.de/10001179621

International reserves and their buffer effect on real exchange rate adjustment to terms of trade shocks in Uganda

Okello, Apaa Jimmy; Mkenda, Beatrice Kalinda; Luvanda, Eliab - 2020

Persistent link: https://www.econbiz.de/10012241243