Search Results - subject_exact:"Currency realignment"

A Move Toward a ‘Crawling Peg’ Exchange Rate System in 2023

Oyadeyi, Olajide - 2023

As of the last working day of the year 2022 (30th December 2022), the official exchange rate against the US dollar (USD) was 448, while the naira USD exchange rate at the black market traded at 748—a premium of 300. The dollar had already peaked above 800 on the black market during the year...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014346431

Destabilizing effects of exchange-rate escape clauses

Obstfeld, Maurice - 1997

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001229030

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Destabilizing effects of exchange-rate escape clauses

Obstfeld, Maurice - 1991

Book / Working Paper

Destabilizing effects of exchange-rate escape clauses

Obstfeld, Maurice - 1991

Book / Working Paper

Destabilizing Effects of Exchange-Rate Escape Clauses

Obstfeld, Maurice - 2021

Book / Working Paper

Destabilizing effects of exchange-rate escape clauses

Obstfeld, Maurice - 1996

Book / Working Paper

Destabilizing Effects of Exchange-Rate Escape Clauses

Obstfeld, Maurice - 1991

Book / Working Paper

Destabilizing effects of exchange-rate escape clauses

Obstfeld, Maurice - 1991

Book / Working Paper

Short-run independence of monetary policy under pegged exchange rates and effects of money on exchange rates and interest rates

Stockman, Alan C. - 1993

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10000886032

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Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates

Stockman, Alan C.; Ohanian, Lee E. - 2021

Book / Working Paper

Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates

Stockman, Alan C. - 1993

Book / Working Paper

New estimation of China's exchange rate regime

Frankel, Jeffrey A. - 2009

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003878660

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New Estimation of China'S Exchange Rate Regime

Frankel, Jeffrey A. - 2021

Book / Working Paper

New Estimation of China's Exchange Rate Regime

Frankel, Jeffrey A. - 2009

Book / Working Paper

On the Renminbi : the choice between adjustment under a fixed exchange rate and adjustment under a flexible rate

Frankel, Jeffrey A. - 2005

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10002781553

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On the Renminbi : The Choice between Adjustment Under a Fixed Exchange Rate and Adjustment Under a Flexible Rate

Frankel, Jeffrey A. - 2021

Book / Working Paper

On the Renminbi : The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate

Frankel, Jeffrey - 2005

Book / Working Paper

On the Renminbi : The Choice between Adjustment Under a Fixed Exchange Rate and Adjustment Under a Flexible Rate

Frankel, Jeffrey A. - 2005

Book / Working Paper

To Peg or Not to Peg? A Simple Model of Exchange Rate Regime Choice in Small Economies

Berger, Helge; Jensen, Henrik; Schjelderup, Guttorm - 2021

The choice of an exchange rate peg often points to a trade-off between gaining credibility and losing flexibility. We show that the flexibility loss may be reduced if domestic and foreign shocks are coorelated and more volatile. Allowing for a plausible structural change after a peg, a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013320956

Does the exchange rate regime shape currency misalignments in emerging and developing countries?

Grekou, Carl - 2016

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011737199

Currency misalignments in emerging and developing countries : reassessing the role of exchange rate regimes

Couharde, Cécile; Grekou, Carl - 2016

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011737229

Exchange Rate Management in Emerging Markets : Intervention via an Electronic Limit Order Book

Melvin, Michael - 2013

This paper describes and analyzes the implementation of a crawling exchange rate band on an electronic trading platform. The placement of limit orders at the central bank's target rate serves as a credible policy statement that may coordinate beliefs of market participants. We find for our...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013095898

China's Crawling Peg : Does it Signify a Broader Shift in International Economic Strategy?

Ciuriak, Dan - 2012

The accelerated expansion of China’s trade and current account surpluses since 2004, and the associated expansion of China’s foreign exchange reserves in the context of very rapid investment-driven domestic economic growth and adverse movements in China’s terms of trade have led China’s...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014197741

The mystery of the Chinese exchange rate regime : basket or no basket?

Moosa, Imad A.; Li, Larry - 2017

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011810641

The role of currency realignments in eliminating the US and China current account imbalances

Feldstein, Martin S. - 2011

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009315083

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The role of currency realignments in eliminating the US and China current account imbalances

Feldstein, Martin S. - 2011

Book / Working Paper

The Role of Currency Realignments in Eliminating the US and China Current Account Imbalances

Feldstein, Martin S. - 2011

Book / Working Paper

The Role of Currency Realignments in Eliminating the Us and China Current Account Imbalances

Feldstein, Martin S. - 2011

Book / Working Paper

Can the exchange rate regime influence corruption?

Popkova, Katherina - 2011

This paper analyses the influence of the exchange rate regime of a country on the level of tolerated corruption with a special focus on the interdependency of monetary and fiscal policies. Using a simple theoretical framework based on Barro-Gordon-Model I compare independent monetary policy with...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009356065

Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes

Frankel, Jeffrey A. - 2011

A new technique for estimating countries' de facto exchange rate regimes synthesizes two approaches. One approach estimates the implicit de facto basket weights in an ordinary least squares (OLS) regression of the local currency value rate against major currency values. Here the hypothesis is a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013133928

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Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes

Frankel, Jeffrey A. - 2010

Book / Working Paper

Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes

Frankel, Jeffrey A. - 2009

Book / Working Paper

Chinese monetary policy and the dollar peg

Reade, J. James; Volz, Ulrich - 2011

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009355841

Exchange Rate Regimes and the Extensive Margin of Trade

Bergin, Paul R. - 2010

This paper finds that currency unions and direct exchange rate pegs raise trade through distinct channels. Panel data analysis of the period 1973-2000 indicates that currency unions have raised trade predominantly at the extensive margin, the entry of new firms or products. In contrast, direct...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012759111

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Exchange Rate Regimes and the Extensive Margin of Trade

Bergin, Paul R. - 2008

Book / Working Paper

Exchange rate regimes and capital mobility : how much of the Swoboda thesis survives?

Eichengreen, Barry - 2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003726900

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Exchange rate regimes and capital mobility : how much of the Swoboda thesis survives?

Eichengreen, Barry - 2008

Book / Working Paper

Exchange rate regimes and capital mobility : how much of the Swoboda thesis survives?

Eichengreen, Barry - 2008

Book / Working Paper

Exchange Rate Regimes and Capital Mobility : How Much of the Swoboda Thesis Survives?

Eichengreen, Barry - 2010

Book / Working Paper

Exchange Rate Regimes and Capital Mobility : How Much of the Swoboda Thesis Survives?

Eichengreen, Barry - 2008

Book / Working Paper

Finanial Policy and Speculative Runs with a Crawling Peg : Argentina 1979-1981

Cumby, Robert E. - 2010

In this paper we present a model of a balance-of-payments crisis and use it to examine the Argentine experiment with a crawling peg between December 1978 and February 1981. The approach taken allows us to examine the evolution of a crisis when the collapse is not a perfectly-foreseen event. The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012760274

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Finanial Policy and Speculative Runs with a Crawling Peg : Argentina 1979-1981

Cumby, Robert E. - 1987

Book / Working Paper

The Role of Macroeconomic Policies in the Global Crisis

Catte, Pietro - 2010

This paper argues that the lack of timely and decisive policy action to correct domestic and external imbalances contributed crucially to the build-up of financial excesses that led to the financial crisis and the Great Recession. We focus on 2002-07 and perform a number of counterfactual...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013135338

Estimation of de facto flexibility parameter and basket weights in evolving exchange rate regimes

Frankel, Jeffrey A.; Xie, Daniel - 2010

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10008748861

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Estimation of de facto flexibility parameter and basket weights in evolving exchange rate regimes

Frankel, Jeffrey A.; Xie, Daniel - 2010

Book / Working Paper

Estimation of de facto flexibility parameter and basket weights in evolving exchange rate regimes

Frankel, Jeffrey A.; Xie, Daniel - 2010

Book / Working Paper

Estimation of de facto flexibility parameter and basket weights in evolving exchange rate regimes

Frankel, Jeffrey A.; Xie, Daniel - 2009

Book / Working Paper

The role of macroeconomic policies in the global crisis

Catte, Pietro; Cova, Pietro; Pagano, Patrizio; Visco, … - 2011

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009374466

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The role of macroeconomic policies in the global crisis

Catte, Pietro; Cova, Pietro; Pagano, Patrizio; Visco, … - 2010

Book / Working Paper

The role of the Chinese dollar peg for macroeconomic stability in China and the world economy

Schnabl, Gunther - 2010

During the 1997/98 Asian crisis and the 2007-2010 world financial and economic crisis, China has proved to be a stabilizer for East Asia and the world. The paper stresses the crucial role of the dollar peg for macroeconomic stability in China. The paper explores the current role of China's...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009012482

New estimation of China's exchange rate regime/ Jeffrey A. Frankel

Frankel, Jeffrey A. - 2009

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003809218

Exchange rate management in emerging markets : intervention via an electronic limit order book

Melvin, Michael; Menkhoff, Lukas; Schmeling, Maik - 2009

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003903046

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Exchange rate management in emerging markets : intervention via an electronic limit order book

Melvin, Michael; Menkhoff, Lukas; Schmeling, Maik - 2009

Book / Working Paper

De facto exchange rate regimes in East Asia

Meng, Jingjing - 2015

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010532508

The Discipline Effects of Fixed Exchange Rates : The Distinction between Hard and Soft Pegs

Chiu, Eric M.P. - 2015

There has been much interest in whether fixed exchange rates can provide a strong source of discipline over domestic monetary and fiscal policies. We argue that previous studies, however, have not paid sufficient attention to the distinction between constraint and incentive effects and that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013032447

Estimation of de facto exchange rate regimes : synthesis of the techniques for inferring flexibility and basket weights

Frankel, Jeffrey A.; Wei, Shang-jin - 2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003740761

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Estimation of de facto exchange rate regimes : synthesis of the techniques for inferring flexibility and basket weights

Frankel, Jeffrey A.; Wei, Shang-jin - 2008

Book / Working Paper

Exchange rate regimes and the extensive margin of trade

Bergin, Paul R.; Lin, Ching-Yi - 2009

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003859132

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Exchange rate regimes and the extensive margin of trade

Bergin, Paul R.; Lin, Ching-Yi - 2008

Book / Working Paper

Vulnerability of currency pegs : evidence from Brazil

2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003730787

Estimation of de facto exchange rate regimes : synthesis of the techniques for inferring flexibility and basket weights

2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003782882

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Estimation of de facto exchange rate regimes : synthesis of the techniques for inferring flexibility and basket weights

2008

Book / Working Paper

Estimation of De Facto Exchange Rate Regimes : Synthesis of the Techniques for Inferring Flexibility and Basket Weights

Frankel, Jeffrey A. - 2008

The paper offers a new approach to estimate de facto exchange rate regimes, a synthesis of two techniques. One is a technique that the authors have used in the past to estimate implicit de facto weights when the hypothesis is a basket peg with little flexibility. The second is a technique used...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012464630

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Estimation of De Facto Exchange Rate Regimes : Synthesis of the Techniques for Inferring Flexibility and Basket Weights

Frankel, Jeffrey A. - 2008

Book / Working Paper

Currency misalignments and exchange rate regimes in emerging and developing countries

2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003750614

Exchange rate regime choice with multiple key currencies

Plümper, Thomas; Neumayer, Eric - 2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003845650

Correcting US imbalances

Barrell, Ray - 2007

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003433556

The Credibility of the Venezuela Crawling-Band System

Campos, María Isabel; Torres, José L.; Villegas, Esmeralda - 2007

This paper studies the credibility of the Venezuela crawling-band exchange rate regime during the period July, 1996 - February, 2002. We show that, introducing some modifications, the credibility analysis widely applied to target zone regimes can also be used in studying the credibility of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014053405

Verifying China's exchange rate regime : it is a discretionary crawling peg to the US dollar!

Hwang, Jyh-Dean - 2014

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010530840

Exchange rate misalignment : an application of the behavioral equilibrium exchange rate (BEER) to Botswana

Iimi, Atsushi - 2006

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003354227

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Exchange Rate Misalignment : An Application of the Behavioral Equilibrium Exchange Rate (Beer) to Botswana

Iimi, Atsushi - 2006

Book / Working Paper

Exchange Rate Misalignment : An Application of the Behavioral Equilibrium Exchange Rate (Beer) to Botswana

Iimi, Atsushi - 2006

Book / Working Paper

Exchange Rate Misalignment : An Application of the Behavioral Equilibrium Exchange Rate (BEER) to Botswana

Iimi, Atsushi - 2006

Book / Working Paper

Collapse of a Crawling Peg Regime in the Presence of a Government Budget Constraint

Savastano, Miguel A. - 1991

This study extends the research on balance-of-payments crises by investigating the dynamics of the collapse of a crawling exchange rate in the presence of an explicit link between the fiscal deficit and domestic credit. It shows that such an exchange rate regime is characterized by two potential...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014398128

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Collapse of a Crawling Peg Regime in the Presence of a Government Budget Constraint

Savastano, Miguel A. - 2006

Book / Working Paper

Realignment expectations, forward rate bias, and sterilized intervention in an adjustable peg exchange rate model with policy optimization

Isard, Peter - 1994

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013425333

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Realignment Expectations, Forward Rate Bias, and Sterilized Intervention in an Adjustable Peg Exchange Rate Model with Policy Optimization

Isard, Peter - 1994

Book / Working Paper

Realignment Expectations, Forward Rate Bias, and Sterilized Intervention in an Adjustable Peg Exchange Rate Model with Policy Optimization

Isard, Peter - 2006

Book / Working Paper

Monetary rules and endogenous growth in an open economy

Lai, Ching-chong; Chin, Chi-ting - 2013

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009754575

Exchange Rate Regimes and Inflation : Only Hard Pegs Make a Difference

Bleaney, Michael F.; Francisco, Manuela - 2005

Using data from a large sample of developing countries from 1985 to 2001, we confirm that hard pegs (currency boards or a shared currency) reduce inflation and money growth. There is no evidence that soft pegs confer any monetary discipline, after other factors are controlled for. Inflation...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014061075

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Exchange Rate Regimes and Inflation - Only Hard Pegs Make a Difference

Bleaney, Michael F.; Francisco, Manuela - 2003

Book / Working Paper

De jure versus de facto exchange rate stabilization in Central and Eastern Europe

2005

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009232828

On the credibility of currency boards

2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10002360682

The Optimal Weighting of Indicators for a Crawling Peg

Branson, William H.; Macedo, Jorge Braga de - 2004

This paper derives optimal weights for current-account and reserve indicators for adjusting the exchange rate (a "crawling peg"). Keven (1975)showed that use of a current account indicator alone would not stabi1iereserves, while a reserve indicator results in unstable fluctuations in the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014134298

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