scholarly journals Two Approaches to the Exchange-Rate Problem: The United Kingdom and Canada, par Samuel-I. Katz. (Collection «Essays in international Finance», No. 26). Une plaquette de 19 pages. — International Finance Section, Department of Economics and Sociology, Princeton University, Princeton, New-Jersey, 1956

1956 ◽  
Vol 32 (3) ◽  
pp. 536 ◽  
Author(s):  
Camille Martin
1957 ◽  
Vol 8 (3) ◽  
pp. 518
Author(s):  
Pierre Buffandeau ◽  
Samuel I. Katz

2019 ◽  
Vol 22 (3) ◽  
pp. 263-286
Author(s):  
Peter Golit ◽  
Afees Salisu ◽  
Akinwunmi Akintola ◽  
Faustina Nsonwu ◽  
Itoro Umoren

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.


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