The combination of the "mirage" view that pegs do not really peg with the "fear of floating" view that floats do not really float generates the conclusion that exchange rate regimes are, in practice, unimportant for the behavior of the exchange rate. This is consistent with evidence on the...
"The Nature of Exchange Rate Regimes," NBER Working Papers 12729. Data for exchange rate regime downloaded from http://www.dartmouth.edu/~jshambau/Klein, Michael and Jay Shambaugh, 2006, "The nature of exchange rate regime," NBER Working Paper 12729, Cambridge, Massachussetts....
3.Reform Orientation of the Exchange Rate System of RMB--Management Floating Exchange Rate Regime;人民币汇率制度改革取向——管理浮动汇率制度 4.A Study of Managed Floating Exchange Rate Regimes in Five East Asian Countries;东亚五国的管理浮动汇率制研究——从汇率的制度性浮动出发 5.Empirical Analyse of...
Dual Exchange Rate A situation in which acurrencyhas two officialexchange rates, onepeggedto another currency and the otherfloating. Each is used for different things. The exchange rate formoneyused for sectors seen as essential, such as food, is fixed, while "non-essential" sectors are allowed...
1) fixed and floating exchange rate regimes 固定和浮动汇率体制2) floating exchange rate system 浮动汇率制 1. In this paper,based on analysis of the development trend of international exchange rate system,it is held that the direction of the exchange rate system reform in China is to bring ...
Economic Performance in Poland under Fixed and Flexible Exchange Rate Regimes During the last decade, Europe has experienced a remarkable increase in the integration of economic, political and social structures. In the European Union, this process of integration culminated in... P Wdowinski,BV Aarle...
你不应该强加给其他什么他不为他自己渴望。 [translate] aIf the video, I don't understand 如果录影,我不了解 [translate] aAlternative exchange rate regimes: 供选择的交换率政权: [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 ...
Following the 1997鈥 98 financial turmoil, crisis countries in Asia moved toward either floating or fixed exchange rate systems, superficially consistent with the bipolar view of exchange rate regimes and the "hollow middle " hypothesis. ... L Hernández,P Montiel,R Brooks,... 被引量: 193发表...
While the conventional policy prescription for dealing with commodity price shocks is the adoption of a flexible exchange rate regime, a view popularized by Friedman (1953), in practice many emerging economies decide to intervene in the foreign exchange market. In this paper, we evaluate the optima...
The model features multiple monetary policy and volatility regimes. We estimate this model by B... S Chib†,KH Kang‡,S Ramamurthy§ 被引量: 25发表: 2010年 The Exchange Rate as an Instrument of Monetary Policy Monetary policy research in small open economies has typically focused on "...