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: 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 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


Exchange-rate Management in Theory and Practice

Exchange-rate Management in Theory and Practice PDF Author: Victor E. Argy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 374

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Book Description


Flexible Exchange Rates for a Stable World Economy

Flexible Exchange Rates for a Stable World Economy PDF Author: Joseph E. Gagnon
Publisher: Peterson Institute
ISBN: 0881326356
Category : Business & Economics
Languages : en
Pages : 301

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Book Description
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize inflation and output? The principal finding of this book is that using monetary policy to fight exchange rate volatility, including through the adoption of a fixed exchange rate regime, leads to greater volatility of employment, output, and inflation. In other words, the "cure" for exchange rate volatility is worse than the disease. This finding is demonstrated in economic models, in historical case studies, and in statistical analysis of the data. The book devotes considerable attention to understanding the reasons why volatile exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility of their exchange rates in order to target monetary policy at stabilization of their domestic economies. Few, if any, countries would benefit from a move in the opposite direction.

Exchange Rate Economics

Exchange Rate Economics PDF Author: Ronald MacDonald
Publisher: Routledge
ISBN: 1134838220
Category : Foreign exchange
Languages : en
Pages : 334

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Book Description
''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""

The CFA Franc Zone

The CFA Franc Zone PDF Author: Ali Zafar
Publisher: Springer Nature
ISBN: 3030710068
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
This book provides an empirical analysis of economic and political structures impacting the CFA franc zone. Concise and practical chapters explore the history of the CFA franc zone, challenges to development, geopolitical issues, the importance of flexible exchanges rates, growth trends, and the impact of the Covid crisis. Policy reform is examined to detail economic approaches that could reduce poverty and increase the quality of life within the area. This book aims to present a macroeconomic and exchange rate framework to promote development and post-Covid recovery within the CFA franc zone. It will be of interest to students, researchers, and policymakers involved in African economics, the political economy, and development economics.

Real Adjustment Processes under Floating Exchange Rates

Real Adjustment Processes under Floating Exchange Rates PDF Author: Franz Gehrels
Publisher: Springer Science & Business Media
ISBN: 3642841988
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965, the dollar shortage after World War II changed to a dollar surplus. The import of US inflation by their main trading partners intensified political pressures so that at the beginning of the seventies most leading countries decided, contrary to the rules of the Bretton Woods agreement, to stop their intervention in the market for foreign exchange and to let the exchange rates be determined by market forces. It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates. ! - But one really had rich experience with destabilizing capital flows (or "hot money") that forced monetary authorities to adjust exchange rates in a system of managed flexibility to the expecta tions of "speculators".

Floating Exchange Rates and World Inflation

Floating Exchange Rates and World Inflation PDF Author: J. Ahmad
Publisher: Springer
ISBN: 1349174742
Category : Business & Economics
Languages : en
Pages : 270

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Book Description


Flexible Exchange Rates

Flexible Exchange Rates PDF Author: Jan Herin
Publisher: Routledge
ISBN: 0429708165
Category : Political Science
Languages : en
Pages : 289

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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. .

Fixed or Flexible Exchange Rates? History and Perspectives

Fixed or Flexible Exchange Rates? History and Perspectives PDF Author: Marin Muzhani
Publisher: Vernon Press
ISBN: 1622734238
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
This book compares and contrasts flexible versus fixed exchange rate regimes. Beginning with their theoretical justifications, it showcases their observed advantages and disadvantages as they played out in the currency crises of the 1990s and early 2000s across Asia, Europe and Latin America. An analysis of the drivers and implications of these crises singles out fast-paced liberalization and globalization as having played central roles. Moreover it sheds light on some of the factors contributing to the 2008 financial crisis and the key monetary events in its aftermath. An accessible, yet rigorous discussion, supported by extensive evidence, helps readers reach their own conclusions regarding the respective merits of alternative exchange rate systems.