Exchange rates : policies, effects and fluctuations / Natalie B. Perkins, editor.

Format:

Book

Contributor:

Perkins, Natalie B.

Series:

Economic issues, problems and perspectives series.

Global economic studies (Nova Science Publishers)

Economic issues, problems and perspectives

Global economic studies

Language:

English

Subjects (All):

Foreign exchange rates.

Physical Description:

1 online resource (187 p.)

Edition:

1st ed.

Place of Publication:

Hauppauge, N.Y. : Nova Science Publishers, c2011.

Language Note:

English

Summary:

In finance, the exchange rates between two currencies specifies how much one currency is worth in terms of the other. This new book presents topical research on the policies, effects and fluctuations of exchange rates. Topics discussed include the effects of exchange rate fluctuations on real output, the price level, and the real value of components of aggregate demand in Egypt and Turkey; the role of CEECs exchange rates in monetary policy rules; the competitiveness of exchange rate fluctuations in Middle Eastern countries; foreign exchange rate exposure of Chinese firms in the new exchange rate regime and exchange rate flexibility and real adjustments in emerging market economies.

Contents:

Intro

Contents

Preface

A Comparative Analysis of Exchange Rate Fluctuations and Economic Activity: The Cases of Egypt and Turkey

Abstract

I. Introduction

II. Theoretical Background

III. Economic Developments in Turkey and Egypt

A. Economic Developments in Turkey

B. Economic Developments in Egypt

IV. Empirical Investigation

A. Empirical Models

B. Empirical Results

B1. Fluctuations in Real Output Growth

B2. Fluctuations in Price Inflation

B3. Fluctuations in Consumption Growth

B4. Fluctuations in Investment Growth

B5. Fluctuations in Export Growth

B6. Fluctuations in Import Growth

B7. Fluctuations in Trade Balance

Conclusion

Appendix A: DATA Description and Sources

Data Sources: Turkey

Data Sources: Egypt

Energy Prices

References

Exchange Rate Policy in Central and Eastern European Countries

1. Introduction

2. Evolution of Exchange Rate Regimes

3. De Jure versus De Facto Exchange Rate Regimes

4. Exchange Rate Regimes and Volatility

5. Exchange Rate Regimes and Monetary Policy

5.1. Overview of the "De Jure" Monetary Policy in the CEEC's since 1994

5.2. Research on the De Facto Monetary Policy in the CEEC's

6. Exchange Rate Regimes and Interventions

Acknowledgments

Reviewed by

Exchange Rate Fluctuations and Economic Activity: Competitiveness and Capacity Building in MENA Countries

Note

2. Background

3. Empirical Model

4. Empirical Results

4.1. Results Explaining Real GDP Growth

4.2. Results Explaining Price Inflation

4.3. Results Explaining Consumption

4.4. Results Explaining Investment

4.6. Results Explaining Exports

4.7. Results Explaining Imports

5. Summary and Conclusion

Appendix A: Econometric Methodology

Appendix B: Data Sources.

1. Data Base: WEO

2. Data Base: IFTS

3. Data Base: WDI2K5

Monetary Shocks and Exchange Rates in a Worldwide Economy Divided in North-South Areas: The Role of the Raw Materials Trade From the South to the North

Introduction

2. The Model

2.1. Households

2.2. Firms

3. The Steady State

4. Log-Linearized Equations

5. Monetary Shocks in the Long-Run and in the Short-Run

6. Welfare

7. A Quantitative Illustration

Appendix

Log-Linearized Equations

Foreign Exchange Rate Exposure of Chinese Firms in the New Exchange Rate Regime

2. Institutional Background

2.1. Background of A- , B- and H-Shares

2.2. Background of Ownership Structure

3. Data and Methodology

3.1. Data and Summary Statistics

3.2. Methodology

Bibliographical Details

Exchange-Rate Fluctuations and Monetary Policy Reaction: The Role of Asymmetric Information

Nominal and Real Exchange Rate Fluctuations of Yen-Dollar Rates

2. Data

3. Bivariate System

3.1. Empirical Techniques

Assumption

3.2. Empirical Results

4. Trivariate System

4.1. Empirical Techniques

4.2. Empirical Results

Some Concluding Remarks

Exchange Rate Flexibility and Real Adjustments in Emerging Market Economies

2. Financial Implications of Exchange Rate Floating

3. Real Shocks and Exchange Rate Management

4. Real Exchange Rates and Productivity Differentials

Concluding Remarks

Appendix I

The Effects of Exchange Rate Variations on the Aggregate Demand

Appendix II

Data Sources and Construction of Some Variables for the Test of Balassa and Samuelson Hypothesis

Index.

Blank Page.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-62081-556-7

OCLC:

780443425