Two Approach to the Exchange Rate Problem: The United Kingdom and Canada

1957 ◽  
Vol 8 (3) ◽  
pp. 518
Author(s):  
Pierre Buffandeau ◽  
Samuel I. Katz
Keyword(s):  
United Kingdom ◽  
Exchange Rate ◽  
The United Kingdom ◽  
The Exchange Rate

scholarly journals EXCHANGE RATE AND INTEREST RATE DIFFERENTIAL IN G7 ECONOMIES

2019 ◽  
Vol 22 (3) ◽  
pp. 263-286
Author(s):  
Peter Golit ◽  
Afees Salisu ◽  
Akinwunmi Akintola ◽  
Faustina Nsonwu ◽  
Itoro Umoren
Keyword(s):  
United Kingdom ◽  
Exchange Rate ◽  
Interest Rate ◽  
Structural Breaks ◽  
G7 Countries ◽  
The United Kingdom ◽  
The Exchange Rate

We offer new insights on the dynamics of the exchange rate–interest rate differentialfor the case of G7 economies. We show that the nexus is better considered using anasymmetric model, as suggested by a host of previous studies. In addition, we find therole of accounting for structural breaks to be prominent. We also show differences in thenexus between euro and non-euro G7 countries, suggesting heterogeneous monetarypolicies. Thus, we document the strongest evidence for the sticky price hypothesis inJapan and lesser evidence in the euro countries and the United Kingdom, with Canadaconsistently revealing evidence for the flexible price hypothesis.

Determinants of Income Velocity in the United Kingdom: Multivariate Granger Causality

1993 ◽  
Vol 37 (2) ◽  
pp. 40-45 ◽  
Author(s):  
Augustine C. Arize
Keyword(s):  
United Kingdom ◽  
Exchange Rate ◽  
Interest Rate ◽  
Real Exchange Rate ◽  
Granger Causality ◽  
Money Growth ◽  
The United Kingdom ◽  
Interest Rate Volatility ◽  
Growth Volatility

Using cointegration and multivariate causality approach, this paper examines the determinants of income velocity in the United Kingdom over the period, 1973Q1–1990Q2. The results suggest that changes in interest rate, interest rate volatility, real exchange rate and money growth volatility provide information that helps predict future movements in income velocity.

United Kingdom Inflation Targeting and the Exchange Rate

2006 ◽  
Vol 116 (512) ◽  
pp. F232-F244 ◽  
Author(s):  
Christopher Allsopp ◽  
Amit Kara ◽  
Edward Nelson
Keyword(s):  
United Kingdom ◽  
Exchange Rate ◽  
Inflation Targeting ◽  
The Exchange Rate
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