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Exchange rate: fix, float, or manage it?
(2004-02-01)
The Exchange Rate is the Most Strategic of the Four Macroeconomic Prices. it Determines not Only Exports and Imports, But Also Real Wages, Consumption and the Savings Rate. Conventional Theory Holds That it is Impossible ...
The value of the exchange rate and the dutch disease
(2013)
This paper revisits the original (2008) paper on the Dutch disease, which defined it by the existence of two exchange rate equilibriums (the current and the industrial exchange rate equilibriums). Its novelty is in claiming ...
New evidence on the effectiveness of interventions in the foreign exchange market in Brazil
(Lociedade Brasileira de Finanças, 2020)
Addressing important econometric issues on how to construct theoretical based exchange rate misalignment estimates
(2015-10-26)
Exchange rate misalignment assessment is becoming more relevant in recent period particularly after the nancial crisis of 2008. There are di erent methodologies to address real exchange rate misalignment. The real exchange ...
The industrial equilibrium exchange rate in Brazil: an estimation
(2012)
This paper presents a methodology for calculating the industrial equilibrium exchange rate, which is defined as the one enabling exporters of state-of-the-art manufactured goods to be competitive abroad. The first section ...
Real and Nominal Effects of Exchange Rate Regimes
(2016-12-12)
This dissertation explores some of the macroeconomic effects of exchange rate regimes and the role of real exchange rate on capital accumulation and growth. The first essay analyzes the factors that promotes episodes of ...
Assessing value and effectiveness of study abroad and exchange programmes in foreign language degree programmes at the University of the West Indies, St. Augustine Campus
(2015-07-15)
As study abroad efforts take on increased importance globally, it is vital that we use the resources of the academy to research the impact and effectiveness of these programmes (Lederman, 2007). For this paper, action ...