On Interpreting the Random Walk Behavior of Nominal and Real Exchange Rates /

On Interpreting the Random Walk Behavior of Nominal and Real Exchange Rates /

The random walk property of exchange rates is frequently regarded as carrying strong implications for the kinds of shocks that have driven exchange rates and the models appropriate for analyzing their behavior. This paper conducts stochastic simulations of Dornbusch's (1976) sticky-price moneta...

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Bibliografiske detaljer
Hovedforfatter:	Adams, Charles
Andre forfattere:	Chadha, Bankim
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 1991.
Serier:	IMF Working Papers; Working Paper ; No. 1991/007
Online adgang:	Full text available on IMF

Lignende værker

Real and Nominal Exchange Rates in the Long Run /
af: Adams, Charles
Udgivet: (1991)

Nominal Exchange Rates and Nominal Interest Rate Differentials /
af: Nadal De Simone, Francisco
Udgivet: (1999)

Intersections of Random Walks
af: Lawler
Udgivet: (2013)

Why are Countries' Asset Portfolios Exposed to Nominal Exchange Rates? /
af: Adams, Jonathan
Udgivet: (2017)

Does the Nominal Exchange Rate Regime Matter? /
af: Ostry, Jonathan
Udgivet: (1995)

Interpreting Real Exchange Rate Movements in Transition Countries.
Udgivet: (2001)

Real Exchange Rate Volatility : Does the Nominal Exchange Rate Regime Matter? /
af: Liang, Hong
Udgivet: (1998)

The IMF's Reserves Template and Nominal Exchange Rate Volatility /
af: Gonzalez-Garcia, Jesus
Udgivet: (2006)

Nominal Exchange Rate Anchoring Under Inflation Inertia /
af: Calvo, Guillermo
Udgivet: (2002)

Sources of Nominal Exchange Rate Fluctuations in South Africa /
af: Gottschalk, Jan
Udgivet: (2003)

Random Walk: A Modern Introduction
af: Gregory F. Lawler, Vlada Limic
Udgivet: (2012)

Planar Maps, Random Walks and Circle Packing
af: Nachmias
Udgivet: (2020)

The Behavior of Real Interest Rates in Exchange-Rate Based Stabilization Programs /
af: Agenor, Pierre-Richard
Udgivet: (1994)

External Stability Under Alternative Nominal Exchange Rate Anchors : An Application to the GCC Countries /
af: Iqbal, Zubair
Udgivet: (1997)

Real Exchange Rate Behavior and Economic Growth : Evidence from Egypt, Jordan, Morocco, and Tunisia /
af: Shabsigh, Ghiath
Udgivet: (1999)

Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate /
af: Combes, Jean-Louis
Udgivet: (2011)

Inflation, Nominal Interest Rates, and the Variability of Output /
af: Chadha, Bankim
Udgivet: (1996)

A random walk down Wall Street : the time-tested strategy for successful investing /
af: Malkiel, Burton Gordon
Udgivet: (2019)

A random walk down Wall Street : the time-tested strategy for successful investing /
af: Malkiel, Burton Gordon
Udgivet: (2020)

Targeting the Real Exchange Rate : Theory and Evidence /
af: Vegh Gramont, Carlos
Udgivet: (1994)

The Real Exchange Rate : Assessment and Trade Impact in the Context of Fiji and Samoa /
af: Gottschalk, Jan
Udgivet: (2016)

Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime : The Case of the Islamic Republic of Iran.
Udgivet: (1999)

Remoteness and Real Exchange Rate Volatility.
Udgivet: (2005)

Tanzania's Equilibrium Real Exchange Rate /
af: Hobdari, Niko
Udgivet: (2008)

Fiscal Policy and the Real Exchange Rate /
af: Chatterjee, Santanu
Udgivet: (2012)

Corporate Investment and the Real Exchange Rate /
af: Dao, Mai Chi
Udgivet: (2017)

Real Exchange Rates and Commodity Prices /
af: Dupont, Dominique
Udgivet: (1996)

Pricing to Market and the Real Exchange Rate /
af: Faruqee, Hamid
Udgivet: (1995)

The Real Exchange Rate and Employment in China /
af: Dao, Mai
Udgivet: (2011)

Nominal Sets
af: Andrew M. Pitts
Udgivet: (2013)

A random walk down Wall Street : including a life-cycle guide to personal investing /
af: Malkiel, Burton Gordon
Udgivet: (1999)

The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities : A Quantitative Investigation /
af: Kollman, Robert
Udgivet: (1997)

Real Exchange Rate Targeting Under Capital Controls : Can Money Provide a Nominal Anchor? /
af: Montiel, Peter
Udgivet: (1991)

Real Exchange Rates and Fundamentals : A Cross-Country Perspective /
af: Ricci, Luca
Udgivet: (2008)

Estimating the Equilibrium Real Exchange Rate : An Application to Finland /
af: Feyzioglu, Tarhan
Udgivet: (1997)

Stock Markets and the Real Exchange Rate : An Intertemporal Approach /
af: Mercereau, Benoit
Udgivet: (2003)

What Determines Real Exchange Rates? : The Long and Short of it /
af: MacDonald, Ronald
Udgivet: (1997)

Real Exchange Rates and Competitiveness : A Clarification of Concepts, and Some Measurements for Europe /
af: Lipschitz, Leslie
Udgivet: (1991)

Real Exchange Rates and Productivity : Closed-Form Solutions and Some Empirical Evidence /
af: Zaman, Jahanara
Udgivet: (2000)

Estimation of the Equilibrium Real Exchange Rate for Malawi /
af: Mathisen, Johan
Udgivet: (2003)