Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Three Empirical Essays on Asymmetries in the Monetary Policy Transmission Mechanism
Author: Three Empirical Essays on Asymmetries in the Monetary Policy Transmission Mechanism [microform]
![Three Empirical Essays on Asymmetries in the Monetary Policy Transmission Mechanism [microform] PDF](https://books.google.com/books/content/images/frontcover/zwImQwAACAAJ?fife=w80-h100)
Author: Gregoire TkaczPublisher: National Library of Canada = Bibliothèque nationale du Canada
ISBN:
Category : Monetary policy
Languages : en
Pages : 378
Book Description
Dissertation Abstracts International
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 470
Book Description
Document de Travail
Author: American Doctoral Dissertations
Author: Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 776
Book Description
Regional Monetary Policy
Author: Carlos J. Rodríguez FuentesPublisher: Psychology Press
ISBN: 9780415327633
Category : Business & Economics
Languages : en
Pages : 232
Book Description
The rising star of Spanish economics, Carlos Rodriguez Fuentes, has produced a work of impressive clarity which analyses the effects of regional monetary policy - with particular reference to European Monetary Union.
Journal of Economic Literature
Author: Three Essays in International Finance
Author: Camilo E. TovarMonetary Economics, Banking and Policy
Author: Penelope HawkinsPublisher: Taylor & Francis
ISBN: 1000804844
Category : Business & Economics
Languages : en
Pages : 261
Book Description
This edited collection seeks to advance thinking on money and the monetary nature of the economy, macroeconomic analysis and economic policy, setting it within the context of current scholarship and global socioeconomic concerns, and the crisis in the economics discipline. A key aim is to highlight the central contribution that Sheila Dow has made to these fields. Bringing together an impressive panel of contributors, this volume explores topics including central bank independence, liquidity preferences, money supply endogeneity, financial regulation, regional finance and public debt. The essays in this first collection of two will be thought-provoking reading for advanced students and scholars of macroeconomics, monetary economics, central banking and heterodox economics. Contributors have a broad range of professional experience at universities, central banks, business, development institutions and policy advisories.
Dominant Currency Paradigm: A New Model for Small Open Economies
Author: Camila CasasPublisher: International Monetary Fund
ISBN: 1484330609
Category : Business & Economics
Languages : en
Pages : 62
Book Description
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in local currency. We model instead a ‘dominant currency paradigm’ for small open economies characterized by three features: pricing in a dominant currency; pricing complementarities, and imported input use in production. Under this paradigm: (a) the terms-of-trade is stable; (b) dominant currency exchange rate pass-through into export and import prices is high regardless of destination or origin of goods; (c) exchange rate pass-through of non-dominant currencies is small; (d) expenditure switching occurs mostly via imports, driven by the dollar exchange rate while exports respond weakly, if at all; (e) strengthening of the dominant currency relative to non-dominant ones can negatively impact global trade; (f) optimal monetary policy targets deviations from the law of one price arising from dominant currency fluctuations, in addition to the inflation and output gap. Using data from Colombia we document strong support for the dominant currency paradigm.