Browse

You are looking at 91 - 100 of 258 items

  • Keywords: exchange rate x
Clear All
18 Does the Current Account Matter?

18 Does the Current Account Matter? »

Source: International Financial Policy : Essays in honor of Jacques J. Polak

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557751966

Keywords: exchange rate, monetary fund, current account, exchange rates, inflation

In this paper I shall contrast the “old view” and the “new view” of the current account. I subscribe to the new view, but I shall devote much of this paper to exploring possible qualifications to it. Given t...

The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China: 1980-2002

The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China: 1980-2002 »

Source: The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China : 1980-2002

Volume/Issue: 2003/67

Series: IMF Working Papers

Author(s): Zhongxia Jin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848922

Keywords: exchange rate, foreign exchange, real exchange rate, real interest rate, exchange reserves, Econometric Methods: - Multiple/Simultaneous Equation Models, Money and Interest Rates, Macroeconomic - Aspects of Public Finance, Macroeconomic Policy, and General Outlook

Based on China's experience between 1980 and 2002, a cointegrated vector autoregression model was established to explore the relationships among real interest rates, real exchange rates and balance of payments in C...

Economic Effects and Structural Determinants of Capital Controls

Economic Effects and Structural Determinants of Capital Controls »

Source: IMF Staff papers, Volume 42 No. 3

Volume: 42

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451973396

Keywords: exchange rate, real exchange, exchange rates, real exchange rate, real exchange rates

This paper analyzes long-term exchange rate modeling. The paper reviews the literature that tests for a unit root in real exchange rates and the closely related work on testing for a unit root in the residual from...

The Effectiveness of Capital Controls and Prudential Policies in Managing Large Inflows

The Effectiveness of Capital Controls and Prudential Policies in Managing Large Inflows »

Source: The Effectiveness of Capital Controls and Prudential Policies in Managing Large Inflows

Volume/Issue: 2011/14

Series: Staff Discussion Notes

Author(s): Karl Habermeier , Annamaria Kokenyne , and Chikako Baba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2011

ISBN: 9781463902896

Keywords: Emerging markets, Exchange rate appreciation, Cross country analysis, Credit expansion, Capital controls, Capital inflows, Risk management, Macroprudential Policy, financial regulation, macroprudential policies

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

The Effectiveness of Capital Controls Implications for Monetary Autonomy in the Presence of Incomplete Market Separation

The Effectiveness of Capital Controls Implications for Monetary Autonomy in the Presence of Incomplete Market Separation »

Source: IMF Staff papers : Volume 34 No. 4

Volume: 34

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1987

ISBN: 9781451930719

Keywords: exchange rate, government spending, exchange rate regime, exchange rates, fiscal policies, IMF staff papers,

The Mundell-Fleming model of international macroeconomic originated in the early 1960s and has been extended during the ensuing quarter century. This paper develops an exposition that integrates the various facets...

The Effects of Capital Controls on Exchange Rate Volatility and Output

The Effects of Capital Controls on Exchange Rate Volatility and Output »

Source: The Effects of Capital Controls on Exchange Rate Volatility and Output

Volume/Issue: 2001/187

Series: IMF Working Papers

Author(s): Christiane Nickel , Günter Schmidt , Georg Stadtmann , and Michael Frenkel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2001

ISBN: 9781451859515

Keywords: exchange rate, capital control, capital inflows, foreign exchange, Open Economy Macroeconomics,

This paper extends the Dornbusch model of overshooting exchange rates to discuss both exchange rate and output effects of capital controls that involve additional costs for international asset transactions. We show...

Effects of Currency Substitution on the Response of the Current Account to Supply Shocks

Effects of Currency Substitution on the Response of the Current Account to Supply Shocks »

Source: IMF Staff papers : Volume 35 No. 4

Volume: 35

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1988

ISBN: 9781451930733

Keywords: terms of trade, exchange rate, real exchange, real exchange rate, relative price

An intertemporal optimizing model of a small open economy is used to analyze how terms of trade changes affect real exchange rates and the trade balance. Temporary current, (expected) future, and permanent changes...

Effects of Volatile Asset Priceson Balance of Payments and International Investment Position

Effects of Volatile Asset Priceson Balance of Payments and International Investment Position »

Source: Effects of Volatile Asset Priceson Balance of Payments and International Investment Position

Volume/Issue: 2000/191

Series: IMF Working Papers

Author(s): Marco Committeri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2000

ISBN: 9781451859706

Keywords: Balance of payments, International investment position, Statistical accuracy, Errors and omissions, Volatility, Capital flight, exchange rates, statistics, equation, exchange rate

This paper aims at clarifying, with the help of a simple formal model and numerical examples, several aspects of the relationship between international investment position (IIP) and balance of payments (BOP) statis...

3 Empirical Analysis of the Current Account1

3 Empirical Analysis of the Current Account1 »

Source: External Performance in Low-Income Countries

Series: Occasional Papers

Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2011

ISBN: 9781616350536

Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets

This chapter analyzes the medium-term relationship between the current account and a set of fundamentals. Following the existing literature, the estimations consist of ordinary least squares or fixed-effect...

Equilibrium Non-Oil Current Account Assessments for Oil Producing Countries

Equilibrium Non-Oil Current Account Assessments for Oil Producing Countries »

Source: Equilibrium Non-Oil Current Account Assessments for Oil Producing Countries

Volume/Issue: 2008/198

Series: IMF Working Papers

Author(s): Alun Thomas , Jun Kim , and Aqib Aslam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451870565

Keywords: exchange rate assessment, oil-exporting countries, consumption smoothing, current account, current account balance, current accounts, current account deficit, current account deficits,

This paper introduces a methodology for assessing external balance in countries with large stocks of non-renewable resources based on oil stock data, and applies it to selected oil producing countries. The methodol...