This paper examines the relative advantages of floating exchange rates, with particular emphasis on the implications for effective demand.The article closes with brief conclusions of economic theory and policy
The paper examines the asymmetric effects of exchange rate fluctuations on real output and price in ...
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymaker...
Fixed exchange rate regimes have come into disrepute, as their defense has become all but impossible...
This paper is written to address the problem of having floating or fixed exchange rates. My results ...
This paper analyzes the stabilizing properties of alternative monetary policy regimes. In practice t...
This paper adopts and develops the “fear of floating” theory to explain the decision to implement a ...
This paper adopts and develops the "fear of floating" theory to explain the decision to implement a ...
We consider a simple two-country model, where each country produces a consumption good from a single...
It has been argued that floating rates protect economies from monetary shocks originated abroad and ...
International audienceThis paper provides several arguments for fixed exchange rates. First, any fir...
Evidence suggests that developing countries are much more concerned with stabilizing the nominal exc...
The paper examines the effects of exchange rate fluctuations on real output and the price level in a...
In an open economy with a floating exchange rate, the efficacy of fiscal and monetary policy depends...
We study the full equilibrium dynamics of a two-country world economy with a floating exchange rate,...
Floating exchange rates were supposed to automatically restore the external balance of an economy, l...
The paper examines the asymmetric effects of exchange rate fluctuations on real output and price in ...
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymaker...
Fixed exchange rate regimes have come into disrepute, as their defense has become all but impossible...
This paper is written to address the problem of having floating or fixed exchange rates. My results ...
This paper analyzes the stabilizing properties of alternative monetary policy regimes. In practice t...
This paper adopts and develops the “fear of floating” theory to explain the decision to implement a ...
This paper adopts and develops the "fear of floating" theory to explain the decision to implement a ...
We consider a simple two-country model, where each country produces a consumption good from a single...
It has been argued that floating rates protect economies from monetary shocks originated abroad and ...
International audienceThis paper provides several arguments for fixed exchange rates. First, any fir...
Evidence suggests that developing countries are much more concerned with stabilizing the nominal exc...
The paper examines the effects of exchange rate fluctuations on real output and the price level in a...
In an open economy with a floating exchange rate, the efficacy of fiscal and monetary policy depends...
We study the full equilibrium dynamics of a two-country world economy with a floating exchange rate,...
Floating exchange rates were supposed to automatically restore the external balance of an economy, l...
The paper examines the asymmetric effects of exchange rate fluctuations on real output and price in ...
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymaker...
Fixed exchange rate regimes have come into disrepute, as their defense has become all but impossible...