Alternative exchange rate regimes
An empirical assessment of alternative exchange rate regimes in medium term in Albania
... the alternative exchange rate regimes and their feasibility to be applied in Albania in medium ...and exchange rate policy is strong and has opened the debate of practitioners in ...
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FISCAL POLICY UNDER ALTERNATIVE EXCHANGE RATE REGIMES
... der alternative monetary regimes when money enters the utility function ...flexible exchange rate case with those in a monetary union reveals that the two monetary regimes provide ...
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Alternative exchange-rate regimes: The options for Latin America
... recent exchange-market crises are still being distilled by economists and policy makers, an obvious early lesson is that no regime will survive if the rules that make it work are systematically ...
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PERSISTENCE OF OUTPUT FLUCTUATIONS UNDER ALTERNATIVE EXCHANGE RATE REGIMES
... One question about the above results is the extent to which they are influenced by the impact of the Asian crisis. During this period some of the countries in our sample experienced a large depreciation of their ...
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Macroeconomic Volatility under Alternative Exchange Rate Regimes in Turkey
... nominal exchange rate and TL depreciated continuously along with the inflation ...spot exchange market in which banks, financial institutions and licensed foreign exchange dealers were to ...
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Real versus Financial Openness under Alternative Exchange Rate Regimes
... keeps the asset market in balance and that which is propagated by the real economy, at any given announced rate of depreciation (compare the point E with A).23 If left to itself, the fal[r] ...
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International financial markets' influence on the welfare performance of alternative exchange rate regimes
... Wolff 07 2008 Integration of financial markets and national Mathias Hoffmann price levels: the role of exchange rate volatility Peter Tillmann 08 2008 Business cycle evide[r] ...
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Real exchange rate volatility, financial crises and exchange-rate regimes
... in exchange rate for a group of European transition countries, detecting breaks that are frequently associated with major changes in exchange rate regime), Balg and Mecalf (2010) (who ...
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Classifying Exchange Rate Regimes: A Statistical Analysis of Alternative Methods
... Michael Bleaney and Manuela Francisco Abstract For developing countries, it is shown that different exchange rate classification schemes paint a very inconsistent picture. Disagreements between ...
10
Exchange Rate Regimes in Emerging Markets
... ing exchange rate might represent a more promising ...floating exchange rates indicates that this extreme arrangement can also suffer from certain deficiencies, at least in the context of emerging ...
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Exchange Rate Regimes in Transition Economies
... the exchange rate regime is a question which takes long ...the exchange rate based stabilization program has proven to be successful in the Republic of ...The exchange rate ...
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On exchange rate regimes, exchange rate fluctuations, and fundamentals
... floating exchange rate does not perfectly in- sulate the foreign country from the monetary shock occuring in the home country, with pricing-to-market and perfect capital mobility (complete asset ...nominal ...
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Choice of exchange rate regimes for African countries: Fixed or Flexible Exchange rate regimes?
... floating exchange rate regime is that it prevents distortions of the key price – that of foreign currency and ensures competitiveness in international ...The exchange rate is free to respond ...
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Exchange Rate Regimes Vietnam
... black-market exchange rate is selling exchange rate in ...floating exchange rate regime contributed to narrow the spread between the official and black-market exchange ...
12
Classifying Exchange Rate Regimes
... the exchange rate is in the center of the band, we would expect the propensity to intervene be low while close to one of the edges of the band we would expect the propensity to intervene to be ...
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Exchange rate regimes and trade
... 11 Monthly data is provided in Reinhart and Rogoff (2003b). 12 Countries not covered in Reinhart and Rogoff but included in the dataset are: Afghanistan, Angola, Aruba, Bahamas, Bahrain, Bangladesh, Barbados, Belize, ...
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On the choice of the exchange-rate regimes
... : Under increasing financial integration, a fixed-rate regime (or lower exchange-rate flexibility) is preferred both because monetary autonomy is constrained and because the impact of[r] ...
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On the endogeneity of exchange rate regimes
... the non-industrial sample due to the minimum trading volume required to be in the EMBI index, we include size as an additional control in the regressions to partial out this effect. Table 3 shows the results of our ...
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Verifying exchange rate regimes
... For countries that have announced a basket band - such as Chile and Israel during the sample periods we use (examined in section III below), we seek to establish the amount of[r] ...
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The Nature of Exchange Rate Regimes
... facto exchange rate classification schemes may be viewed as an indication of an inability of these schemes to accurately code country ...of exchange rate behavior based on well established ...
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