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External Shocks, Policies, and Tail-Shifts in Real Exchange Rates
Language: en
Pages: 51
Authors: Mr. Nicolas E Magud
Categories: Business & Economics
Type: BOOK - Published: 2023-06-23 - Publisher: International Monetary Fund

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We use panel quantile regressions to study extreme (rather than average) movements in the distribution of the real effective exchange rate (REER) of small open
External Shocks and Inflation in Developing Countries Under a Real Exchange Rate Rule
Language: en
Pages: 50
Authors: Mr.Peter Montiel
Categories: Business & Economics
Type: BOOK - Published: 1992-09-01 - Publisher: International Monetary Fund

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This paper shows that the response of inflation to external shocks is very different when the authorities target the real exchange rate than when they follow a
Targeting the Real Exchange Rate
Language: en
Pages: 58
Authors: Guillermo Calvo
Categories: Business & Economics
Type: BOOK - Published: 1994-02 - Publisher: International Monetary Fund

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This paper presents a theoretical and empirical analysis of policies aimed at setting a more depreciated level of the real exchange rate. An intertemporal optim
SHOCKS AND CAPITAL FLOWS
Language: en
Pages: 2040
Authors: GASTON. SAHAY GELOS (RATNA.)
Categories:
Type: BOOK - Published: 2023 - Publisher: International Monetary Fund

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Exchange Rate Policy in Developing Countries
Language: en
Pages: 38
Authors: Mr.Mohsin S. Khan
Categories: Business & Economics
Type: BOOK - Published: 1991-05-15 - Publisher: International Monetary Fund

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This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and inter