The Relative Price of Nontraded Goods, Absorption and the Exchange Rate Policy: Chile 1974-1982

1987 ◽  
Author(s):  
Guillermo Le Fort
Keyword(s):  
Exchange Rate ◽  
Exchange Rate Policy ◽  
Relative Price ◽  
Nontraded Goods ◽  
Rate Policy ◽  
The Exchange Rate

On the Exchange Rate Policy

2010 ◽  
pp. 21-28
Author(s):  
K. Yudaeva
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Inflation Targeting ◽  
Exchange Rate Policy ◽  
Institutional Changes ◽  
Crisis Period ◽  
Local Currency ◽  
High Inflation ◽  
Rate Policy ◽  
The Exchange Rate

The level of trust in the local currency in Russia is very low largely because of relatively high inflation. As a result, Bank of Russia during crisis times can not afford monetary policy loosening and has to fight devaluation expectations. To change the situation in the post-crisis period Russia needs to live through a continuous period of low inflation. Modified inflation targeting can help achieve such a result. However, it should be amended with institutional changes, particularly development of hedging instruments.

Article 142 TFEU

2019 ◽  
Author(s):  
Leo Flynn
Keyword(s):  
Exchange Rate ◽  
Member State ◽  
Exchange Rate Policy ◽  
Common Interest ◽  
Member States ◽  
Exchange Rate Mechanism ◽  
Rate Policy ◽  
The Exchange Rate ◽  
Rate Mechanism

Article 124(1) EC Each Member State with a derogation shall treat its exchange-rate policy as a matter of common interest. In so doing, Member States shall take account of the experience acquired in cooperation within the framework of the exchange-rate mechanism.

scholarly journals Effects of the exchange rate on international prices of pulp and paper in Brazilian currency

CERNE ◽  
2010 ◽  
Vol 16 (2) ◽  
pp. 137-144
Author(s):  
Naisy Silva Soares ◽  
Eliane Pinheiro de Sousa ◽  
Márcio Lopes da Silva
Keyword(s):  
Exchange Rate ◽  
Exchange Rate Policy ◽  
Pulp And Paper ◽  
International Prices ◽  
Rate Policy ◽  
The Exchange Rate ◽  
The U.S

This study aimed to analyze effects of the exchange rate adopted in Brazil as well as pulp and paper prices in the U.S. on pulp and paper prices in Brazilian currency, from April 2003 to February 2009. To attain that, the shift-share method was used, and analysis results indicated that price variations in Brazilian currency were more strongly influenced by exchange rate variations than by variations in dollar prices, demonstrating the importance of the exchange rate policy adopted by Brazil in the behavior of pulp and paper prices.

Dynamic Dependence between U.S. Inbound Visits and Exchange Rate

2020 ◽  
Vol 44 (6) ◽  
pp. 1035-1046
Author(s):  
Kuang-Liang Chang ◽  
Jui-Chuan Della Chang
Keyword(s):  
Exchange Rate ◽  
Tourism Industry ◽  
Exchange Rate Policy ◽  
Oil Price ◽  
International Tourism ◽  
Tourism Demand ◽  
Positive Dependence ◽  
Rate Policy ◽  
The Exchange Rate

This article revisits the dynamic dependence between the U.S. international tourism demand and the exchange rate using a copula-based specification that features a time-varying and state-switching comovement structure. The empirical results find a state of high-volatile dependence during the oil price upsurge (2005M11-2006M09) and economic/financial crisis (2008M06-2011M06) and a state of low-volatile dependence during the remaining periods. During the former periods, a positive dependence between U.S. inbound visits and currency depreciation is indicated most often, and the magnitude of positive dependence varies dramatically. During the remaining periods, the positive and negative dependences coexist and interchange at a smooth pace. This finding implies that the exchange rate policy affects the tourism industry in the high-volatile dependence state but not in the low-volatile dependence state. The moderating role of crude oil price on the relationship between the international tourism demand and the exchange rate is also verified.

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