exchange rate regimes. Analyzing data from 179 countries (1972-2022), we find that counter-cyclical IR management is less … output volatility, particularly when interacting with de facto flexible exchange rate regimes. This stabilizing effect is …

exchange rate policy for the currencies of 63 advanced and emerging economy currencies, we account for potential drivers of the … exchange rate omitted in previous studies to obtain unbiased anchor weight estimates. Unlike earlier studies, we find that the … RMB's anchor weight in exchange rate policies remains low irrespective of China's global role. Overall, the weight of the …

This paper calculates the exchange rate pass through (ERPT) with time constant and time varying coefficients for … the depreciation of the exchange rate leads to an increase in imported, producer and consumer inflation of 0.42 p.p., 0 …

common exogenous changes in their international competitiveness (here captured by changes in the real exchange rate). Relying … real exchange rate variations. The effect is not trivial: in the wake of a depreciation, exporters whose management …

for Colombia. I find that after an exchange rate shock, sellers connected to larger buyers face more moderate changes in … their prices in the seller currency (i.e., lower exchange rate pass-through) than those connected to small buyers. Pass … rate shocks. I study the impact of buyer market power on international price responses to exchange rate changes. In markets …

This paper investigates inconsistencies between countries' official exchange rate regime declarations (the so-called de … jure exchange rate regimes) and their actual policy (de facto exchange rate regimes). These exchange rate regime gaps … breaking commitment to their official exchange rate regime. At the same time, I also discover that the exchange rate regime …