exchange rate policy
Communication and exchange rate policy
... The paper constitutes only a first step for improving our understanding of the role of official communication for exchange rates. Many open questions remain for future research, in particular the analysis of the ...
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The EMU's exchange rate policy
... What Exchange Rate Policy in EMU? M ANFRED ...1999, exchange rate policy will hardly be the first thing to worry ...monetary policy smoothly, given that we cannot know in ...
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Exchange Rate Policy in Morocco and Persistence of Real Exchange Rate Misalignments
... faster rate of slippage. At this time of active exchange rate policy to a gradual depreciation of the dirham has taken over a relatively stable period from 1987 to ...
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Home bias, exchange rate disconnect, and optimal exchange rate policy
... the exchange rate policy discussed by Devereux and Engel (2007): when prices of both imports and final consumption goods are sticky, the flexible exchange rate facilitates the ...
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The Monetary Policy and The Exchange Rate Policy in China
... monetary policy of China 3.1 Monetary policy Monetary policy instrument is a means to achieve the objectives of the central bank monetary ...monetary policy is "to maintain a stable value of ...
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Exchange Rate Policy and Inflation in Ghana
... Ghana’s exchange rate policy before the introduction of the economic recovery programme, had involved the maintenance of a fixed exchange rate with occasional devaluations (March 1957 ...
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Issues in Korean Exchange Rate Policy
... The Korean choice of an independent exchange rate policy is analyzed in terms of the trade-off between external shocks and inflation- fighting credibility of the central bank.. Financial[r] ...
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A Framework for Exchange Rate Policy in Korea
... A surprising argument in questioning currency boards is fiscal preparedness. Of course, at an elementary level there is a point here: the central bank must be cut off from the treasury, all back doors must be closed. It ...
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Debating China's Exchange Rate Policy
... China’s exchange rate policy, which had begun in earnest several years earlier, ...of exchange rate policy in China and offers specific options for modifying China’s ...
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Optimal exchange rate policy in a low interest rate environment
... on exchange-rate policy under the regime of ‡oating exchange rates, which has become most prevalent among in- dustrialized as well as emerging-market ...the exchange rate as the ...
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Optimal exchange rate policy in a low interest rate environment
... on exchange-rate policy under the regime of ‡oating exchange rates, which has become most prevalent among in- dustrialized as well as emerging-market ...the exchange rate as the ...
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Exchange Rate Policy and GDP growth in Ghana
... 282 1. It is recommended that, the government should pursue sound economic policy and developed the banking sector, since the success of exchange rate policy hinges on these two factors. 2. To ...
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Credibility of the Exchange Rate Policy in Transition Countries
... of exchange rate policy to the country's disinflation ...of exchange rate policy and provides its empirical application for a number of transition economies that have actively ...
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Exchange Rate Policy and GDP growth in Ghana
... 282 1. It is recommended that, the government should pursue sound economic policy and developed the banking sector, since the success of exchange rate policy hinges on these two factors. 2. To ...
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SINGAPORE'S EXCHANGE RATE POLICY
... fixed exchange rate would make it more difficult for Singapore to absorb shocks from abroad, and adjust the value of the SGD exchange rate in line with changes in the country's underlying ...
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Exchange Rate Policy in Brazil
... reference rate approach to managing the exchange rate is that it is consistent with the most convincing theory of the foreign exchange ...reference rate pointless, but the behavioral ...
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Expectations and Exchange Rate Policy
... to exchange rates caused by news in two different ...monetary policy in face of news shocks is to maintain a fixed exchange ...fixed exchange rate, but implies that an optimal monetary ...
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Exchange Rate Policy in Philippine Development
... real exchange rate in the 1980s indicates that exogenous terms-of-trade movements were only a minor ...the policy variables, trade and nominal exchange rate policies contributed most ...
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Balance Sheets and Exchange Rate Policy
... The intuition is straightforward: as expression 38 implies, unexpected movements in the risk premium depend not just on the behavior of the real exchange rate, but on the response of ove[r] ...
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Monetary and Exchange Rate Policy in Slovenia
... The BoS attracted banks’ demand for CB-bills, particularly foreign-currency denominated bills that were the main sterilization instrument during the period, by granting banks access to its standing credit facilities and ...
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