We investigate the drivers of daily changes in the exchange value of the Chinese currency (CNY) since early 2016, when a new regime was introduced for setting the fix - the midpoint of the CNY's daily trading range against the U.S. dollar. Daily changes in the fix, which is announced just prior...

We investigate the drivers of daily changes in the exchange value of the Chinese currency (CNY) since early 2016, when a new regime was introduced for setting the fix - the midpoint of the CNY's daily trading range against the U.S. dollar. Daily changes in the fix, which is announced just prior...

Research findings of the impact of the real ruble exchange rate on the economic activity in Russia turned out to be contradictory. Multiple character of connection between the exchange rate and the economic growth is explained by the presence of various channels of impact of the exchange rate on...

В статье анализируются проблемные вопросы денежно-кредитной политики в Российской Федерации: влияние на процессы инфляции, регулирование банковской...

This paper estimated the pass-through effects of yuans exchange rates on prices of the US and Japanese imports from the Peoples Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a 0.23% increase in prices of the US imports in the short...

В работах о течественных ученых-экономистов, посвященных определению видов, форм и механизмов валютной политики, изложены различные мнения. Для систематизации...

This Economic Brief reviews the main features of monetary policy frameworks implemented by the major central banks following the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s. It discusses how these frameworks were affected by the academic views prevailing at...

This article addresses the relationship between the real economy and the financial sector, asking the question: to what extent does the crisis in the financial sector cast a shadow on economic activity? Various potential linkages are investigated, for example the impact of credit restrictions on...

Das vorliegende Heft untersucht verschiedene aktuelle Entwicklungs- und Spannungsfelder im gegenwärtigen China, die von Studierenden im Rahmen eines Task-Force-Seminars erarbeitet wurden: Umwelt-NGOs, Konflikte und Konfliktmanagement am Fallbeispiel Wasser, Neuerungen und...

Das vorliegende Heft untersucht verschiedene aktuelle Entwicklungs- und Spannungsfelder im gegenwärtigen China, die von Studierenden im Rahmen eines Task-Force-Seminars erarbeitet wurden: Umwelt-NGOs, Konflikte und Konfliktmanagement am Fallbeispiel Wasser, Neuerungen und...