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搜索结果: 1-15 共查到经济学 exchange rate相关记录25条 . 查询时间(0.077 秒)
We look at a simple financial model of exchange rate determination with investors who have heterogeneous information. The exchange rate can be expressed as a sum of averages of higher order expectat...
Casual observation suggests that many contracts in the real world are not of uniform length; for example, recent wage concessions in the United States have lead to termination of union contracts bef...
For a country that chooses not to "permanently" fix its exchange rate through a currency board, or a common currency, or some kind of dollarization, the only alternative monetary policy that can w...
Foreign participation in local-currency-bond markets in emerging countries has increased dramatically over the past decade. In light of this trend, we revisit the question of the optimal exchange-rate...
This study empirically compares, for the first time, the popular exchange-rate-targeting regime with the recently emerged inflation-targeting framework in developing countries. Applying a variety of p...
Discusses the role of fixed exchange rate systems during international debt crises. Vulnerability of countries with open capital markets to financial crises; Criticisms against the actions of Asian ec...
Using data for the Philippines, I develop and estimate a heterogeneous agent model to analyze the role of monetary policy in a small open economy subject to sizable remittance fluctuations. I include ...
This paper investigates how a change in monetary policy affects the degree and the speed of exchange rate pass-through to import prices in the emerging market economy, using a newly constructed data s...
We make the first attempt in the literature to empirically investigate the role of financial development in the choice of exchange rate regimes. Using a binary choice model, we first show that financi...
his paper models the return series of USD/CNY exchange rate by considering the conditional mean and conditional volatility simultaneously. An index type functional-coefficient model is adopted to mode...
This paper seeks to outline issues arising from rapid foreign exchange reserve accumulations in Asia. Attention is paid to People’s Republic of China and India for the significance of the accumulati...
In this paper we examine the sensitivity of financial sector stock returns to market, interest rate, and exchange rate risk in three financial sectors (Banking, Financial Services and Insurance) in 16...

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