Exchange Rates and Trade Balance Adjustment: A Multi-Country Empirical Analysis This study assesses the response of the trade balance to exchange rate fluctuations across a large number of countries. Fixed-effects regressions are estim... Michael,Bleaney,Mo,... - 《Open Economies Review》 被引量...
a Foreign exchange governance; Exchange rate influence on the Yuan; Appreciation effects of yuan; Exchange rate behavior 外汇统治; 对元的交换率影响; 元的欣赏作用; 交换率行为[translate]...
Exchange Rate: Each country has its currency which is different from the other. An exchange rate is a ratio at which one currency will be interchanged for another. Answer and Explanation:1 The competitive effect is primarily known to have an impact on the ex...
Spange, 2014: The effects of fiscal policy in a small open economy with fixed exchange rates: The case of Denmark, Open Economies Re- view, vol. 25(3), p. 451-476.Ravn, S.H. & Spange, M. (2012), The Effects of Fiscal Policy in a Small Open Economy with a Fixed Exchange Rate...
a1. Using the Mundell-Fleming model, analyse the effects of (1) a monetary policy contraction and (2) a fiscal policy contraction, under (a) a flexible exchange regime and (b) a fixed exchange rate regime. What conclusions can you draw regarding the effectiveness of these alternative polic...
The Comparative Performance of Fixed and Flexible Exchange Rate Regimes: Interwar Evidence The behaviour of floating exchange rates over the past 15 years has surprised and dismayed the proponents of flexibility. Nominal exchange rates have displ... B Eichengreen - 《Cepr Discussion Papers》 被引量:...
Explain the effects of inflation on the fair income taxation of business income. Inflation: Inflation refers to the increase in the prices of essential services and goods in the economy. It erodes the purchasing power of money hence negatively affecting the economic progress of a...
Journal of International EconomicsGlick, R. and Wihlborg, C. (1990) Real exchange rate effects of monetary shocks under fixed and flexible exchange rates, Journal of International Economics, 28, 267-90.Glick, Reuven and Clas Wihlborg (1990) “Real Exchange Rate Effects of Monetary Shocks Under ...
The average person perceives the value of currency as fairly stable from day to day. The price of a cup of coffee every morning is $1.50, the fixed-interest car payment and mortgage are the same every month, and for a salaried worker, even the paychecks are identical. The fact that the...
currency. In a fixed exchange-rate regime, central banks can try to maintain the current fixed exchange-rate peg by dipping into the country's foreign reserves, or intervening in the foreign exchange markets when faced with the prospect of a currency crisis for a floating-rate currency regime....