搜索结果: 1-8 共查到“货币银行学 exchange rate”相关记录8条 . 查询时间(0.056 秒)
Imperfect Common Knowledge and Exchange Rate Determination
Common Knowledge Exchange Rate Determination
2015/9/21
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...
Comments on ‘Staggered Contracts and Exchange Rate Policy’ by Guillermo Calvo
Staggered Contracts Exchange Rate Policy
2015/8/5
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...
Debt Redemption,Reserve Accumulation,and Exchange-Rate Regimes
Foreign Reserves Local-Currency Bonds Carry Trade Exchange-Rate Regimes International Finance
2015/4/28
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...
Monetary and Exchange Rate Policy under Remittance Fluctuations
exchange rate regimes remittances small open economy
2011/8/21
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 ...
Exchange Rate Pass-Through and Monetary Policy: A Cross-Commodity Analysis
dynamic panel emerging market exchange rate pass-through monetarypolicy
2011/8/21
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...
A New Forecasting Model for USD/CNY Exchange Rate
Nonlinearity Functional-coefficient regression model GARCH model Index model Quantile regression
2011/4/2
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...
Regional Currency Unit and Exchange Rate Coordination in East Asia
Regional Currency Unit parallel currency Asian monetary integration
2010/12/7
This paper estimates the value of the RCU as a weighted average of East Asian currencies following the method used to calculate the ECU. The weight of component currencies is determined on the basis o...
EXCHANGE RATE AND INFLATION: FRANCE AND BULGARIA IN THE INTERWAR PERIOD
economic history modeling France Bulgaria.
2014/6/25
The objective of this paper is twofold. First, to compare the model of financial stabilization in the interwar period in France (a country in the “core”) with that in Bulgaria (a peripheral country)....