scholarly journals Exchange Rate or Wage Changes in International Adjustment? Japan and China Versus the United States

2005 ◽  
Author(s):  
Ronald McKinnon
Keyword(s):  
United States ◽  
Exchange Rate ◽  
The United States ◽  
International Adjustment ◽  
Japan And China

Civilian Control and Civil-Military Gaps in the United States, Japan, and China

2005 ◽  
Vol 29 (1) ◽  
pp. 233-271
Author(s):  
Peter D. Feaver ◽  
Takako Hikotani ◽  
Shaun Narine
Keyword(s):  
United States ◽  
The United States ◽  
Civilian Control ◽  
Japan And China

Cuba: From “Dollarization” to “Euroization” or “Peso Reconsolidation”?

2002 ◽  
Vol 44 (2) ◽  
pp. 99-123
Author(s):  
Archibald R. M. Ritter ◽  
Nicholas Rowe
Keyword(s):  
United States ◽  
Exchange Rate ◽  
Money Supply ◽  
Economic Structure ◽  
The United States ◽  
Significant Component ◽  
Cuban Government ◽  
The U.S

AbstractSince its “depenalization” in 1993, the U.S. dollar has become possibly a more significant component of Cuba's money supply than the old peso. What are the alternatives? The euro seems inappropriate, given the inevitability of eventual normalization of relations with the United States. More advantageous would be to restore the Cuban peso, though this would involve unifying the bifurcated economic structure and the dual monetary and exchange rate systems. The Cuban government has yet to announce its plans. This study argues that an appropriate mix of exchange rate, monetary, fiscal, and income or wage and salary policies should support a rehabilitation of the Cuban peso.

scholarly journals Exchange Rate Dynamics and the Bilateral Trade Balance: The Case of U.S. Agriculture

2009 ◽  
Vol 38 (2) ◽  
pp. 213-228 ◽  
Author(s):  
Jungho Baek ◽  
Won W. Koo ◽  
Kranti Mulik
Keyword(s):  
United States ◽  
Exchange Rate ◽  
Bilateral Trade ◽  
Time Series Data ◽  
The United States ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Series Data ◽  
J Curve ◽  
Trading Partners

This study examines the dynamic effects of changes in exchange rates on bilateral trade of agricultural products between the United States and its 15 major trading partners. Special attention is paid to investigate whether or not the J-curve hypothesis holds for U.S. agricultural trade. For this purpose, an autoregressive distributed lag (ARDL) approach to cointegration is applied to quarterly time-series data from 1989 and 2007. Results show that the exchange rate plays a crucial role in determining the short- and long-run behavior of U.S. agricultural trade. However, we find little evidence of the J-curve phenomenon for U.S. agricultural products with the United States’ major trading partners.

Sign in / Sign up

Export Citation Format

Share Document