Flexible Exchange Rates/h

Flexible Exchange Rates/h PDF Author: Jan Herin
Publisher: Routledge
ISBN: 0429728174
Category : Political Science
Languages : en
Pages : 290

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Book Description
This book contains the papers, comments, and the discussion at a conference on "Flexible Exchange Rates and Stabilization Policy", held at Saltsjobaden, Stockholm, August 26–27, 1975. The papers integrate the flexible exchange rates theory with macro theory and stabilization policy analysis. .

Flexible Exchange Rates/h

Flexible Exchange Rates/h PDF Author: Jan Herin
Publisher: Routledge
ISBN: 0429708165
Category : Political Science
Languages : en
Pages : 280

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Book Description
This book contains the papers, comments, and the discussion at a conference on "Flexible Exchange Rates and Stabilization Policy", held at Saltsjobaden, Stockholm, August 26–27, 1975. The papers integrate the flexible exchange rates theory with macro theory and stabilization policy analysis. .

The Merits of Flexible Exchange Rates

The Merits of Flexible Exchange Rates PDF Author: Leo Melamed
Publisher: Univ Publ Assn
ISBN: 9780913969151
Category : Business & Economics
Languages : en
Pages : 528

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Book Description
This anthology of significant writings by eminent economists is, in part, a critique of the Bretton Woods system of fixed exchange rates, which was very successful at the time it was instituted but which, because of its rigidity, failed in the end to address the economic problems of the post-war era. The authors suggest that the stock market crash of 1987 might not have occurred if market forces had been allowed simply to run their course in the absence of any real economic restrictions. Contributors include: Harry Johnson, Fritz Machlup, Milton Friedman, Gottfried Haberler, Henry Wallich, Alan Greenspan, Leo Melamed, Jacques de Larosiere, Beryl Sprinkel, Michael L. Mussa, Martin Feldstein, Jacob Frenkel, Rudiger Dornbusch, Morris Goldstein, Rachel McCulloch, Paul R. Krugman, William H. Branson, Thomas D. Willett, J. Carter Murphy.

Moving to a Flexible Exchange Rate

Moving to a Flexible Exchange Rate PDF Author: Mrs.Gilda Fernandez
Publisher: International Monetary Fund
ISBN: 1589064763
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have made the transition under disorderly conditions, with the sharp depreciation of their currency during a crisis. Regardless of the reason for adopting a flexible exchange rate, a successful transition depends on the effective management of a number of institutional and operational issues. The authors of this Economic Issue describe the necessary ingredients for moving to a flexible regime, as well as the optimal pace and sequencing under different conditions.

How Well are Fluctuating Exchange Rates Working?

How Well are Fluctuating Exchange Rates Working? PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on International Economics
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 16

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Book Description


Floating Exchange Rates

Floating Exchange Rates PDF Author: H Fournier
Publisher: Martinus Nijhoff Publishers
ISBN: 9004633987
Category : Law
Languages : en
Pages : 241

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Book Description


The Theory and Empirics of Exchange Rates

The Theory and Empirics of Exchange Rates PDF Author: Imad A. Moosa
Publisher: World Scientific Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 522

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Book Description
This book provides a comprehensive survey of of the theory of and empirical evidence on the determination and effects of exchange rates. It utilises both diagrammatic and mathematical representation of the underlying models, resulting in a comprehensive reference for those engaged in this field of study.

Flexible Exchange Rates in Historical Perspective

Flexible Exchange Rates in Historical Perspective PDF Author: Peter Bernholz
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

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Book Description


No Pain, All Gain? Exchange Rate Flexibility and the Expenditure-Switching Effect

No Pain, All Gain? Exchange Rate Flexibility and the Expenditure-Switching Effect PDF Author: Mr.Yan Carriere-Swallow
Publisher: International Monetary Fund
ISBN: 1484378237
Category : Business & Economics
Languages : en
Pages : 30

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Book Description
Theoretical models on the relationship between prices and exchange rates predict that the magnitude of expenditure switching affects the optimal choice of exchange rate regime. Focusing on the transmission of terms-of-trade shocks to domestic real variables we document that the magnitude of the expenditure switching effect is positively associated to the degree of exchange rate flexibility. Moreover, results show that flexible exchange rates allow for significant adjustment in relative prices, which in turn lowers the burden of adjustment on demand for domestic goods and, in some cases, facilitates a faster and more durable external adjustment process. These results, which are robust to accounting for possible non-linearities due to balance sheet effects or currency mismatches, shed new light on the shock absorbing properties of flexible exchange rates.

Flexible Exchange Rates and Stabilization Policy

Flexible Exchange Rates and Stabilization Policy PDF Author: Jan Herin
Publisher:
ISBN:
Category :
Languages : en
Pages : 280

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Book Description


International Policy Coordination and Exchange Rate Fluctuations

International Policy Coordination and Exchange Rate Fluctuations PDF Author: William H. Branson
Publisher: University of Chicago Press
ISBN: 0226071383
Category : Reference
Languages : en
Pages : 396

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Book Description
Since the five largest industrial democracies concluded the Plaza Agreement in 1985, the theory and practice of international economic policy coordination has become the subject of spirited academic and public-policy debate. While some view policy coordination as crucial for the construction of an improved international monetary system, others fear that it risks delaying or weakening the implementation of macroeconomic and structural policies. In these papers and comments, prominent international economists consider past and present interpretations of the meaning of international policy coordination; conditions necessary for coordination to be beneficial both to the direct participants and the global economy; influential factors for the quantitative impact of coordination; obstacles to coordination; the most—and least—effective methods of coordination; and future directions of the coordination process, including processes associated with greater fixity of exchange rates. These studies will be readily accessible to policymakers, while offering sophisticated analyses to interested scholars of the global economy.