Distribution costs and real exchange rate dynamics during exchange-rate-based stabilizations

Article Abstract:

The role played by distribution costs in shaping the behavior of the real exchange rate during exchange-rate-based stabilizations is examined. The introduction of distribution sector in a standard model of exchange-rate-based stabilization model dramatically improves its ability to rationalize observed real exchange rate dynamics.

Distribution (Economics)

---

Monetary policy's role in exchange rate behavior

Article Abstract:

Empirical work on role of monetary policy shocks in explaining exchange rate behavior is impeded by the lack of fully credible identifying assumptions. An inference approach that allows testing the robustness of identifying assumptions is applied.

Monetary policy

---

Why don't macroeconomic quantities respond to exchange rate variability?

Article Abstract:

Movement from fixed exchange rate to floating rate causes high volatility in rates, while other macroeconomic variables remain constant. Under fixed exchange rate there is higher commovement of macroeconomic variables.

Models, Macroeconomics

Similar abstracts:

• Abstracts: Vitamins and mineral supplements: Advertising and promotion. Vitamin and Mineral Supplements: market size and trends
• Abstracts: Toys and Games: Distribution. Toys and Games: Advertising and Promotion
• Abstracts: Dubai judicial reforms. New rules for licensing media-related activities. New licensing rules for foreign individuals
• Abstracts: Price formation in double auction markets. The dynamics of price dispersion, or Edgeworth variations. Buyer search and price dispersion: a laboratory study
• Abstracts: A time-distance criterion for evaluating forecasting models. Comparing forecasts of inflation using time distance

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.