Search Results - subject_exact:"Exchange rate regime"

Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2026

We confront the notion that flexible exchange rates insulate countries from external disturbances with new evidence for the euro area (EA) and 20 of its neighbors. Using high-frequency data, we first establish that countries with flexible exchange rates ("floats") let their currencies depreciate...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641819

Show 2 more versions 2

Exchange rate insulation revisited

Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2026

Book / Working Paper

Exchange rate insulation revisited

Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2026

Book / Working Paper

Cyclicality of international reserves, exchange rate flexibility, and output volatility

Fujii, Eiji; Qian, Xingwang - 2025

This paper investigates the cyclicality of international reserves and their role in macroeconomic stabilization. We challenge two widely held assumptions: (1) central banks typically manage IR counter-cyclically—accumulating reserves during booms and drawing them down during downturns; and (2)...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015371901

Resilience to terms of trade shocks in Sub-Saharan Africa : the role of fiscal policy and exchange rate regime

Yaya, Aminou - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015195245

Trilemma versus dilemma : monetary autonomy and long-term interest rate independence

Kim, Kyunghun; Kim, So-yŏng - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015100784

U.S. economic uncertainty shocks and extreme capital flows episodes : an empirical analysis of emerging and developing economies

Du, Xinqian; Pu, Tian - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015337876

Financial account determinants of exchange rate regime switching in developing countries

Dudzich, Viktar - 2024

The paper explores the interconnections between foreign capital flows and the exchange rate regime switching in developing countries. We formulate the exchange rate regime switching as annual time series of binary/ordered variables employing de facto classification of exchange rate arrangements...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014516267

Exchange rate regime changes and market efficiency : an event study

Corzo, Teresa; Martin-Bujack, Karin; Portela, Jose; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015405752

Exchange rate regime flexibility and firms' employment

Contessi, Silvio; Du, Qingyuan; Gao, Deting; Pan, Lei; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015579757

India's exchange rate regime under inflation targeting

Goyal, Ashima - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015433543

Show one more version 1

India's exchange rate regime under inflation targeting

Goyal, Ashima - 2023

Book / Working Paper

Reconsidering the AMU - What is the optimal basket currency for Asia?

Kawasaki, Kentaro; Shimizu, Junko - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606293

Global financial cycle, media coverage and currencies of emerging markets

Beckmann, Joscha; Agyapong, Joseph - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015627112

International reserves, economic crisis and monetary autonomy in Asia : a panel data analysis

Dong, Fang; Marquis, William - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015583111

When to align and when to contract : technology shocks, optimal policies, and exchange rate regimes

Kim, Hyeongwoo; Zhang, Shuwei - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641833

Show one more version 1

When to align and when to contract : technology shocks, optimal policies, and exchange rate regimes

Kim, Hyeongwoo; Zhang, Shuwei - 2025

Book / Working Paper

Effects of monetary policy credibility and the open economy trilemma on monetary policy efficiency

Montes, Gabriel Caldas; Rodrigues Júnior, Irineu da Silva - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014532657

Exchange-rate regimes and the behaviour of exporters

Petracchi, Cosimo; Riva, Luca; Petterson, Marco S. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060001

Robust growth in Central Asia 2019-24: In the face of uncertainties, the pandemic and protracted war in the neighborhood

Barisitz, Stephan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015325486

Show one more version 1

Robust growth in Central Asia 2019-24 : in the face of uncertainties, the pandemic and protracted war in the neighborhood

Barisitz, Stephan - 2025

Book / Working Paper

Currency hierarchy and financial globalization : implications for peripheral economies

Paula, Luiz Fernando de; Fritz, Barbara; Prates, … - 2026

"This insightful book investigates how financial globalization shapes the hierarchical order of currencies in the international monetary system, evaluating the implications for peripheral countries. Authors Luiz Fernando de Paula, Barbara Fritz and Daniela Magalhães Prates explore currency...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611229

Cyclicality of International Reserves, Exchange Rate Flexibility, and Output Volatility

Fujii, Eiji; Qian, Xingwang - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015398918

The South Caucasus (Armenia, Azerbaijan and Georgia): A high-growth, resource-rich strategic crossroads in the focus of geo-economic tensions

Barisitz, Stephan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015407524

Show one more version 1

The South Caucasus (Armenia, Azerbaijan and Georgia) : a high-growth, resource-rich strategic crossroads in the focus of geo-economic tensions

Barisitz, Stephan - 2025

Book / Working Paper

A theory of fear of floating

Bianchi, Javier; Coulibaly, Louphou - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015561056

Show 2 more versions 2

A theory of fear of floating

Bianchi, Javier; Coulibaly, Louphou - 2023

Book / Working Paper

A Theory of Fear of Floating

Bianchi, Javier; Coulibaly, Louphou - 2023

Book / Working Paper

Monetary regimes with two nominal anchors : are they possible?

Fabris, Nikola - 2025

The traditional approach to monetary policy, which relied on one instrument to achieve a single goal, has proven ineffective during recent periods of global instability. In response to the challenges that this traditional framework could not address, non-standard monetary policy instruments have...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015375710

How Should Central Banks Respond to Commodity Price Shocks? Optimal Monetary and Exchange Rate Frameworks for Commodity-Exposed Economies

Drechsel, Thomas; Tenreyro, Silvana; McLeay, Michael; … - 2026

We show that the optimal monetary policy and exchange rate framework depend critically on the economy's commodity exposure. We develop a flexible but tractable model economy with commodity exports and imports, in which international financial conditions may vary with the commodity cycle, and we...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015653928

Trade policy, exchange rates, and the globalization surge of the 1990s

Irwin, Douglas A. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015453443

Test of exchange rate determination models : Türkiye application

Dursun, Engin; Barışık, Salih - 2026

"This book is derived from a doctoral thesis on exchange rate determination models in Turkey. Exchange rate is defined as the price of a country's currency in terms of another country's currency. Economic managers make choices among alternative exchange rate strategies according to the economic...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015590232

Exchange rate regimes 20 years later : the prevalence of floats

Levy Yeyati, Eduardo; Sturzenegger, Federico - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016072826

WAEMU at a crossroads? : a contribution to the debate on the perspective of its monetary and exchange rate system

Cabrillac, Bruno; Guillaumont, Patrick; Guillaumont … - 2025

The monetary and exchange rate system of the West African Economic and Monetary Union (WAEMU) is characterised by a single currency, the West African CFA franc (XOF). Its anchor is a fixed exchange rate against the euro. France provides an unlimited and unconditional guarantee for this exchange...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015413850

Defense spending, cost of living, and the optimal exchange rate regime during wartime in Ukraine

De Groot, Oliver; Skok, Yevhenii - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015640691

Did the classical gold standard promote inflation convergence?

Miles, William - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015432048

Do sovereign credit rating events affect the foreign exchange market? : evidence from a treatment effect analysis

Balima, Wenéyam Hippolyte; Minea, Alexandru; Vinturis, … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014309167

The alignment of monetary policy in foreign countries with the Federal Reserve Bank's monetary policy : evidence from fixed and floating exchange rate regimes

AL-Hindawi, Hatem; Bashayreh, Alaʹ; Abdelhadi, Samer - 2025

The study participates in adding a new term to the monetary policy literature which is the alignment of monetary policies between foreign countries and the Federal Reserve Bank's policy. This study aims to examine the effect of the of the monetary policy alignment in foreign countries with the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015438508

US monetary policy uncertainty and RMB deviations from covered interest parity

Lin, Zhitao; Qian, Xingwang - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014251302

Lebanon's eventual transition to a floating exchange rate system : balancing flexibility with stability

Sassine, Roudy - 2025

Lebanon's longstanding fixed exchange rate regime collapsed in the wake of the country's 2019 financial crisis. This paper examines the underlying causes of the collapse, offering a new policy framework based on a floating exchange rate system and detailing its superior qualities. However, the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462462

The French "Guarantee" of CFA franc convertibility : political and economic aspects of a myth

Sylla, Ndongo Samba - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015639832

Geopolitical risk and exchange rate dynamics in Sub-Saharan Africa's emerging economies

Yeboah, Samuel Duku; Agyei, Samuel Kwaku; Korsah, David; … - 2025

Geopolitical risk (GPR) and exchange rate dynamics have been examined in this research, utilizing QQR and Wavelet Coherence techniques in the emerging economies of SSA. The study examined how GPR affects exchange rates under varied, bearish, stable conditions in several emerging economies in...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015614111

Regime uncertainty and exchange rate dynamics : a political economy perspective

Ocampo, Emilio; Cachanosky, Nicolás - 2025

Exchange rates reflect macroeconomic fundamentals, which in turn are regime dependent. In politically unstable countries, expectations of regime change can have a significant impact on exchange rate dynamics. We exploit Argentina’s unexpected 2019 primary election results as a natural...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015580238

On optimal currency areas : common shocks versus common persistence of shocks

Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015482714

Output divergence in fixed exchange rate regimes

Chen, Yao; Ward, Felix - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574494

Fear of appreciation and current account adjustment

Bergin, Paul R.; Kim, Kyunghun; Pyun, Ju Hyun - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574498

Capital flows and exchange rates : a quantitative assessment of the dilemma hypothesis

Cesa-Bianchi, Ambrogio; Ferrero, Andrea; Li, Shangshang - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016064649

Show one more version 1

Capital flows and exchange rates : a quantitative assessment of the dilemma hypothesis

Cesa-Bianchi, Ambrogio; Ferrero, Andrea; Li, Shangshang - 2024

Book / Working Paper

How fixed are global exchange rates?

O'Rourke, Kevin Hjortshøj; Vicquéry, Roger H. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016063186

Show one more version 1

How fixed are global exchange rates?

O'Rourke, Kevin Hjortshøj; Vicquery, Roger - 2025

Book / Working Paper

The Trilemma, Macroprudential Policy, and Monetary Spillovers

Liu, Haiqin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606825

Review of past, present and possible future exchange rate regimes

Hallwood, Paul - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015485878

Floating versus fixed : how exchange rate regimes affect business cycles comovement between advanced and emerging economies

Elgahry, Baher Ahmed - 2022

This article investigates the effects of the different exchange rate regimes on business cycles comovement between advanced and emerging countries. We use the Granger Causality test (VAR model) on panel data to examine the causal relationships. Our findings show the existence of a bidirectional...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013373499

Show one more version 1

Floating versus fixed: How exchange rate regimes affect business cycles comovement between advanced and emerging economies

Elgahry, Baher Ahmed - 2022

Article

The post-Bretton Woods system and US external unsustainability

Yu, Yong-ding; Yang, Bohan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015374567

Foreign aid, exchange rate regime, and agricultural trade

Kim, Kyunghun; Lim, Sunghun - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015332080

Show one more version 1

Foreign Aid, Exchange Rate Regime, and Agricultural Trade

Kim, Kyunghun; Lim, Sunghun - 2022

Book / Working Paper

Determinants of De Jure : de facto exchange rate regime gaps

Dudzich, Viktar - 2022

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 decrease the credibility of monetary policy and are...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012805976

Show one more version 1

Determinants of De Jure: De facto exchange rate regime gaps

Dudzich, Viktar - 2022

Article

Monetary policy frameworks : an index and new evidence

Unsal, D. Filiz; Papageorgiou, Chris; Garbers, Hendre - 2022

We provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). We construct the IAPOC index by analyzing central banks' laws and websites for 50 advanced economies,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013170321

One rule fits all? : heterogeneous fiscal rules for commodity exporters when price shocks can be persistent : theory and evidence

Mendes, Arthur; Pennings, Steven - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015173734

Show one more version 1

One rule fits all? : heterogeneous fiscal rules for commodity exporters when price shocks can be persistent : theory and evidence

Mendes, Arthur; Pennings, Steven - 2020

Book / Working Paper

Understanding exchange rate pass-through in Vietnam

Nga Nguyen Hong; Vo Thi Kim Loan; Pham Hoang An; Cuong … - 2022

Price stability is the ultimate objective of the State Bank of Vietnam (SBV). In addition, in a small export-led economy, such as Vietnam, the study of exchange rate volatility is crucial for the country's economy due to its impact on inflation via exchange rate pass-through (ERPT). This study...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014500353

An investigation of monetary autonomy under corner solution and middle ground : a panel data analysis

Dong, Fang; Marquis, William - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015329653