Nominal exchange rate
DETERMINANTS OF NOMINAL EXCHANGE RATE FLUCTUATIONS IN KENYA
... of nominal exchange rate fluctuations in Kenya using an Autoregressive Distributed Lag (ARDL) approach over the period 1993Q3 when Kenya authorized floating exchange rate to ...of ...
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The Nominal Exchange Rate Implication of VAT Harmonization in EEC
... the nominal exchange rate parities which will be pegged in the third stage of monetary ...pegging nominal exchange parities of European ...
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Understanding the Backus Smith Puzzle: It’s the (Nominal) Exchange Rate, Stupid
... the nominal exchange rates move counter-cyclically with consumption movements, contributing the violation of the basic risk sharing ...the nominal exchange rate were constant, the ...
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Long-run determination of the nominal exchange rate in the presence of national debts: Evidence from the yen-dollar exchange rate
... long-run nominal exchange rate based on ...the nominal exchange rate in the long-run by constructing a two country model with optimizing agents where wealth is optimally ...
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Factors Affecting the Nominal Exchange Rate of Pakistan: An Econometric Investigation (1982-2008)
... Nominal exchange rate measures the value of one country currency in terms of other ...fixed exchange rate system, this value is set by the monetary ...floating exchange ...
10
The source of real and nominal exchange rate fluctuations in Thailand: Real shock or nominal shock
... of exchange rate fluctuations in ...and nominal exchange rates from 1994 to ...to exchange rate movements: real shocks and nominal ...and nominal exchange ...
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Real Exchange Rate and Real Effective Exchange Rate Measurement: Some theoretical Extensions
... the exchange rate is the most appropriate is usually faced with two set of ...real exchange rate theory to real- world data is not straight forward, due to the fact that, in most cases, there ...
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A Note on the Real Currency Exchange Rate: Definitions and Implications
... real exchange rate (RER) in the literature is defined as the relative national price levels between two economies with the corresponding nominal exchange rate being an auxiliary to ...
11
"The role of the exchange rate in economic growth: a euro-zone perspective"
... real exchange rates there are two which are particularly pertinent to the topic of this ...fixed nominal exchange rate the repercussions must be reflected in relative prices or inflation ...
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Will an Appreciation of the Renminbi Rebalance the Global Economy? A Dynamic Financial CGE Analysis
... only simulation showed that a nominal exchange rate adjustment is insufficient to redress China’s external imbalance. The fiscal only package was more effective. But without accommodating monetary ...
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Revisiting exchange rate puzzles
... fixed nominal exchange rate regime, the excess volatility puzzle of real exchange rates practically disappears or becomes minor for the vast majority of the fixed-rate economies; there ...
9
The change of the value of the RMB and its influences on China
... the exchange cost while the export ...the exchange rate will have more efficient ...the exchange rate will less influence the balance of the ...the nominal exchange ...
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The simplification, solution and estimation of a small open DSGE model:Evidence from the UK and Canada
... no exchange rate depreciation or put the rate change of real output into consideration, the relevant DSGE model will fit the UK data much ...the rate change of the real output in the monetary ...
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Monetary policy in oil exporting countries with fixed exchange rate and open capital account: expectations matter
... interest rate will create an arbitrage which will encourage FX speculation and could turn into a speculative ...interest rate parity (UIP) ...in nominal exchange ...interest rate and ...
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A comparative study of five Dutch disease models: a thesis presented in partial fulfilment of the requirements for the degree of Master of Philosophy in Social Sciences at Massey University
... The nominal exchange rate in all the models considered is expressed as the domestic price of foreign currency... Refers to the case in which, where.[r] ...
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Exchange Rate Policy under Floating Regime in Bangladesh: An Assessment and Strategic Policy Options
... floating exchange rate regime, Islam (2003) concludes that the economic and institutional prerequisites of a floating exchange rate regime are not met in ...of nominal exchange ...
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Lessons from the stabilisation programmes of Central and Eastern European countries 1989-91. Economic Papers No. 92, May 1992
... It included broad price and trade liberalisation, nominal anchoring of the programme to money wages and the nominal exchange rate, targeting the real money supply and real interest rates[r] ...
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Impact of Real Effective Exchange Rate on Inflation in Pakistan
... Effective Exchange Rate (REER) is the weighted average of a country's currency relative to an index or basket of other main currencies adjusted to analyze the consequences of ...this exchange ...
8
Turkish money demand, revisited: some implications for inflation and currency substitution under structural breaks
... In this paper, a money demand model constructed on currency in circulation is used to determine the appropriate alternative cost to hold monetary balances in the Turkish economy. Our estimation results, using ...
27
The drachma's adhesion to the EMS: possible effects. Research and Documentation Papers: Economic Series No. 5, May 1983
... - 24 Secondly, the important element for competitiveness is the real and not the nominal exchange rate, but the real exchange rate depends, in the long-run, on real variables, Like the d[r] ...
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