Similar Search Results

Surfing the waves of globalization: Asia and financial globalization in the context of the trilemma

Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2011

Using the trilemma indexes developed by Aizenman et al. (2010) that measure the extent of achievement in each of the three policy goals in the trilemma - monetary independence, exchange rate stability, and financial openness - we examine how policy configurations affect macroeconomic...

Persistent link: https://www.econbiz.de/10010331079

Price-based measurement of financial globalization: A cross-country study of interest rate parity

Ito, Hiro; Chinn, Menzie - 2007

We characterize the relationship between ex post exchange rate depreciation and the interest differential for a set of countries that spans both developed and emerging market economies. Measured ex post uncovered interest differentials are then related to measures of trade and financial...

Persistent link: https://www.econbiz.de/10010285319

Surfing the Waves of Globalization : Asia and Financial Globalization in the Context of the Trilemma

Aizenman, Joshua; Chinn, Menzie David; Itō, Hiro - 2010

Using the “trilemma indexes” developed by Aizenman et al. (2008) that measure the extent of achievement in each of the three policy goals in the trilemma – monetary independence, exchange rate stability, and financial openness – in this paper we examine how policy configurations affect...

Persistent link: https://www.econbiz.de/10014045505

Surfing the Waves of Globalization : Asia and Financial Globalization in the Context of the Trilemma

Aizenman, Joshua - 2010

Using the “trilemma indexes” developed by Aizenman et al. (2008) that measure the extent of achievement in each of the three policy goals in the trilemma — monetary independence, exchange rate stability, and financial openness — this paper examines how policy configurations affect...

Persistent link: https://www.econbiz.de/10013142882

Surfing the waves of globalization : Asia and financial globalization in the context of the trilemma

Aizenman, Joshua; Chinn, Menzie David; Itō, Hiro - 2011

Using the "trilemma indexes" developed by Aizenman et al. (2010) that measure the extent of achievement in each of the three policy goals in the trilemma - monetary independence, exchange rate stability, and financial openness - we examine how policy configurations affect macroeconomic...

Persistent link: https://www.econbiz.de/10009158763

Price-based measurement of financial globalization : a cross-country study of interest rate parity

Itō, Hiro; Chinn, Menzie David - 2007

Persistent link: https://www.econbiz.de/10003855141

Surfing the waves of globalization : Asia and financial globalization in the context of the trilemma

Aizenman, Joshua; Chinn, Menzie David; Itō, Hiro - 2010

Persistent link: https://www.econbiz.de/10003960193

The Internationalization of the Renminbi : What is Happening and What We Can Expect

García-Herrero, Alicia - 2012

that within only a few years has become the biggest in the world after the United States. Second, China's soaring growth …

Persistent link: https://www.econbiz.de/10013113511

China's exchange rate and financial repression : the conflicted emergence of the renminbi as an international currency

McKinnon, Ronald I.; Schnabl, Gunther - 2014

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …

Persistent link: https://www.econbiz.de/10010249643

Multivariate Cointegration Analysis of Aggregate Exports: Empirical Evidence for the United States, Canada, and Germany

Strauß, Hubert - 2002

A shortcoming of most empirical studies on aggregate exports is their exclusive focus on the demand side. Moreover, the effect of globalization is often neglected leading to implausibly high income elasticities. This paper models export demand and supply simultaneously and incorporates a new...

Persistent link: https://www.econbiz.de/10010260491