How Much To Commit To An Exchange Rate Rule
DOWNLOAD
Download How Much To Commit To An Exchange Rate Rule PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get How Much To Commit To An Exchange Rate Rule book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
How Much To Commit To An Exchange Rate Rule
DOWNLOAD
Author : Alex Cukierman
language : en
Publisher: World Bank Publications
Release Date : 1992
How Much To Commit To An Exchange Rate Rule written by Alex Cukierman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Economic stabilization categories.
The cost of reneging is a key reason policymakers hold back from strong commitments in their exchange rate policy. The stronger the commitment to an exchange rate rule, the more costly it is to deviate from it.
Exchange Rate Rules
DOWNLOAD
Author : John Williamson
language : en
Publisher: Springer
Release Date : 1981-06-18
Exchange Rate Rules written by John Williamson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981-06-18 with Business & Economics categories.
The Theory And Empirics Of Exchange Rates
DOWNLOAD
Author : Imad A Moosa
language : en
Publisher: World Scientific
Release Date : 2009-07-15
The Theory And Empirics Of Exchange Rates written by Imad A Moosa and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-15 with Business & Economics categories.
Exchange rate economics is an important field of investigation for academics, professionals and policy-makers. This book provides a comprehensive survey of the theory of and empirical evidence on the determination and effects of exchange rates. The exposition utilizes both diagrammatic and mathematical representations of the underlying models. The book is a comprehensive reference for those engaged in this field of research.
Varieties Of Monetary Reforms
DOWNLOAD
Author : Pierre L. Siklos
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Varieties Of Monetary Reforms written by Pierre L. Siklos and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
In a single volume, this book treats the theoretical, empirical, and case studies approaches to the implementation of monetary reforms and discusses specific countries' experiences with these approaches. The analyses are not restricted to central bank or exchange rate reforms, but consider all the principal tools of monetary reforms in this volume. The first section surveys and examines the types of monetary reforms. The second and third sections examine the pros and cons of exchange rate management and central bank independence. The final section of the book presents case studies on monetary and central bank experiences in Germany, the United States, Canada and Hungary.
Proceedings Of A Conference On Currency Substitution And Currency Boards
DOWNLOAD
Author : Nissan Liviatan
language : en
Publisher: World Bank Publications
Release Date : 1993-01-01
Proceedings Of A Conference On Currency Substitution And Currency Boards written by Nissan Liviatan and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-01-01 with Business & Economics categories.
Eighteen well-known policymakers and economists discuss the rising use of currency substitution in Latin America. They examine the effects of currency boards on substitute currencies and on national stabilization programs. Latin American countries including Argentina, Bolivia, Peru, and Uruguay increasingly use dollars as a substitute for domestic currency. The experts debate whether the region should encourage or resist this trend. Topics include the effects of substitution on inflation, liquidity, and exchange rates. The discussions on Argentina, Peru, and Brazil focus on the ways in which currency boards have affected stabilization in these countries. They consider whether such boards can strengthen fiscal discipline and speed economic adjustment. A currency board issues money that is converted into a foreign reserve currency at a fixed exchange rate. This independent institution takes over the central bank's role as the sole issuer of base money. It also manages the exchange rate to keep the currency stable and convertible.
Money Exchange Rates And Output
DOWNLOAD
Author : Guillermo A. Calvo
language : en
Publisher: MIT Press
Release Date : 1996
Money Exchange Rates And Output written by Guillermo A. Calvo and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
Guillermo Calvo, who foresaw the financial crisis that followed the devaluationn of Mexico's peso, has spent much of his career thinking beyond the conventional wisdom. In a quiet and understated way, Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt, and stabilization in Latin America and post-communist countries. Money, Exchange Rates, and Output brings together these contributions in a broad selection of the author's work over the past two decades. There are introductions to each section, and an introduction to the entire collection that outlines the connections throughout and survey the current state of macroeconomic theory. Specific issues covered are predetermined exchange rates, currency substitution, domestic public debt and seigniorage, and stabilizing transition economics.
The Current State Of Macroeconomics
DOWNLOAD
Author : C. Usabiaga-Ibánez
language : en
Publisher: Springer
Release Date : 1999-07-30
The Current State Of Macroeconomics written by C. Usabiaga-Ibánez and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-07-30 with Business & Economics categories.
The book sets out to show the current state of macroeconomics, from three main perspectives: methodology, theory and economic policy. It is built on extensive conversation with some of the world's leading macroeconomists. These are based on wide questionnaires, covering jointly almost all the topics of macroeconomic theory, as well as questions of methodology, real economy, and even academic systems and future lines of research. Some of the questions have been put to all the respondents or many of them, with the aim of bringing out their different positions. References about authors and themes are also provided.
Currency Substitution In Developing Countries
DOWNLOAD
Author : Mr.Guillermo Calvo
language : en
Publisher: International Monetary Fund
Release Date : 1992-05-01
Currency Substitution In Developing Countries written by Mr.Guillermo Calvo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-05-01 with Business & Economics categories.
This paper reviews the main policy and analytical issues related to currency substitution in developing countries. The paper discusses, first, whether currency substitution should be encouraged or not; second, how the presence of currency substitution affects the choice of nominal anchors in inflation stabilization programs; third, the effects of changes in the rate of growth of the money supply on the real exchange rate; fourth, the interaction between inflationary finance and currency substitution; and, finally, issues related to the empirical verification of the currency substitution hypothesis.
Exchange Rate Policies
DOWNLOAD
Author : Charles Engel
language : en
Publisher: DIANE Publishing
Release Date : 2010-08
Exchange Rate Policies written by Charles Engel and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08 with Business & Economics categories.
Modern macroeconomic theory teaches us new lessons about exchange rates: Currency depreciations or appreciations that change the relative competitiveness of producers in different countries are undesirable from a global perspective if they lead to relative prices that do not reflect the true relative costs of production. ¿External balance¿ does not mean that trade balances should be zero, but rather that global resources are allocated efficiently. The implications of this insight for the role of the exchange rate in monetary policy are explored here. Some of the traditional arguments for purely floating exchange rates are challenged by this approach. Also briefly considers sterilized intervention and comments on the role of international reserves.
Can A Rule Based Monetary Policy Framework Work In A Developing Country The Case Of Yemen
DOWNLOAD
Author : Selim Elekdag
language : en
Publisher: International Monetary Fund
Release Date : 2007-01-01
Can A Rule Based Monetary Policy Framework Work In A Developing Country The Case Of Yemen written by Selim Elekdag and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.
Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation expectations. This paper argues in favor of a new formal monetary policy framework for Yemen emphasizing a proactive and rule-based approach with a greater direct focus on price stability in the context of a flexible management of the exchange rate. Although, as in many developing countries, institutional capacity is a concern, adopting a more formal framework could impel the kind of changes that are required to strengthen the ability of the CBY in achieving low and stable rates of inflation over the medium term.