Search Results - subject:"Exchange Rate Based-Stabilization"

Exchange rate-based stabilizations : a literature review

Aytaç, Özlem - In: Journal of economic surveys 31 (2017) 3, pp. 815-830

Persistent link: https://www.econbiz.de/10011757887

A model of a heterodox exchange rate based stabilization

Aytac, Ozlem - In: Economic Modelling 46 (2015) C, pp. 100-117

This paper attempts to explain the ERBS syndrome in Turkey by appeal to weak credibility cum sticky prices. By developing a model specifically for the 2000–2001 heterodox ERBS program in Turkey, I also depart from the existing literature which has focused almost exclusively in Latin America....

Persistent link: https://www.econbiz.de/10011208957

A model of a heterodox exchange rate based stabilization

Aytac, Ozlem - In: Economic modelling 46 (2015), pp. 100-117

Persistent link: https://www.econbiz.de/10011436539

A Model of Exchange-Rate-Based Stabilization for Turkey

Aytac, Ozlem - Center for Applied Economics and Policy Research … - 2008

The literature on the exchange-rate-based stabilization has focused almost exclusively in Latin America. Many other … from the existing literature by developing a model specifically for the 2000-2001 heterodox exchange-rate-based … stabilization program in Turkey: When the government lowers the rate of crawl, the rate of domestic credit creation is set equal to …

Persistent link: https://www.econbiz.de/10005547983

Resurrecting the Weak Credibility Hypothesis in Models of Exchange-Rate-Based Stabilization

Buffie, Edward F.; Atolia, Manoj - Department of Economics, Florida State University - 2006

We analyze how weak credibility affects the volatility of consumption spending in a model of exchange-rate-based … stabilization that allows for both durable and nondurable goods. The inclusion of durables greatly improves the explanatory power of …

Persistent link: https://www.econbiz.de/10005260559

La crise monétaire turque de 2000/2001 : analyse de l'échec du plan de stabilisation par le change du FMI.

Héricourt, Jérôme; Reynaud, Julien - Maison des Sciences Économiques, Université Paris 1 … - 2006

This article empirically investigates the failure of the Exchange Rate-Based Stabilisation Program started in Turkey in January 2000, under the IMF supervision. For that purpose, a Vectorial Error Correction Model integrating an uncovered interest rate parity modelling short term deviations is...

Persistent link: https://www.econbiz.de/10005670913

Exchange Rate Economics in Transition Economies

Tica, Josip - In: Zagreb International Review of Economics and Business 9 (2006) 2, pp. 155-170

The goal of this paper is to empirically and theoretically analyze real exchange rate movements in transition countries. Since the beginning of the transition process, continuous real exchange rate appreciation has become stylized fact of all transitional economies. Most of the mainstream models...

Persistent link: https://www.econbiz.de/10005673453

The exchange rate as nominal anchor: A test for Ukraine

Conway, Patrick - In: Journal of Comparative Economics 40 (2012) 3, pp. 438-456

Transition economies, and especially those of the former Soviet Union, have used fixed exchange-rate policy as a nominal anchor for interest rates and inflation during recent decades. In this paper I demonstrate that the rigorous application of this policy in Ukraine over the period 1999–2005...

Persistent link: https://www.econbiz.de/10011052870

Resurrecting the weak credibility hypothesis in models of exchange-rate-based stabilization

Buffie, Edward F.; Atolia, Manoj - In: European Economic Review 56 (2012) 3, pp. 361-372

Persistent link: https://www.econbiz.de/10010577051

Resurrecting the weak credibility hypothesis in models of exchange-rate-based stabilization

Buffie, Edward F.; Atolia, Manoj - In: European economic review : EER 56 (2012) 3, pp. 361-372

Persistent link: https://www.econbiz.de/10009657536