Matches in SemOpenAlex for { <https://semopenalex.org/work/W2183682009> ?p ?o ?g. }
- W2183682009 abstract "In this paper we address three issues: The neutrality of exchange rate regimes (ERRs) to short-term real exchange rate (RER) volatility; the existence of strategic complementarities of dierent ERRs under dierent international mon- etary arrangements (IMAs); and, the strategic role ERR announcements may play under dierent IMAs. In answering these questions, we control for the incidence of nominal and real shocks, and construct a novel monthly data that includes market-determined multilateral RER for 62 countries over the period 1946-2007. We …nd that ERRs are not neutral; while the evidence is generally consistent with Mussa's sticky prices argument, we …nd that for non-advanced countries in post Bretton Woods there exists a U-shape nominal ‡exibility puzzle of RER. Amongst non-advanced countries, there is strong evidence of strategic comple- mentarities across IMAs that favor the selection of …xed ERRs when global economic institutions and international macroeconomic coordination support the selection of …xed regimes. ERR announcements play an important strategic role: Whereas Bretton Woods favored those countries whose behavior matched their announcements, the favored strategy for non-advanced countries in the post Bretton Woods era has been to announce ERRs substantially more ‡exible than their de facto behavior." @default.
- W2183682009 created "2016-06-24" @default.
- W2183682009 creator A5015496961 @default.
- W2183682009 creator A5026579573 @default.
- W2183682009 date "2009-01-01" @default.
- W2183682009 modified "2023-09-27" @default.
- W2183682009 title "Real exchange rate volatility and exchange rate regimes: Neutrality, complementarities and announcements." @default.
- W2183682009 cites W1503412882 @default.
- W2183682009 cites W1515765176 @default.
- W2183682009 cites W1528144420 @default.
- W2183682009 cites W1562462867 @default.
- W2183682009 cites W1584726575 @default.
- W2183682009 cites W1585005245 @default.
- W2183682009 cites W1588889349 @default.
- W2183682009 cites W1780384470 @default.
- W2183682009 cites W1965024216 @default.
- W2183682009 cites W1967680741 @default.
- W2183682009 cites W1986249460 @default.
- W2183682009 cites W2004306519 @default.
- W2183682009 cites W2017809294 @default.
- W2183682009 cites W2025416569 @default.
- W2183682009 cites W2030027101 @default.
- W2183682009 cites W2032445322 @default.
- W2183682009 cites W2052522583 @default.
- W2183682009 cites W2055229598 @default.
- W2183682009 cites W2056070940 @default.
- W2183682009 cites W2058308385 @default.
- W2183682009 cites W2060513297 @default.
- W2183682009 cites W2075911273 @default.
- W2183682009 cites W2101506238 @default.
- W2183682009 cites W2104186307 @default.
- W2183682009 cites W2134893781 @default.
- W2183682009 cites W2147504124 @default.
- W2183682009 cites W2162084665 @default.
- W2183682009 cites W2236882592 @default.
- W2183682009 cites W2271710205 @default.
- W2183682009 cites W2915333715 @default.
- W2183682009 cites W2915923787 @default.
- W2183682009 cites W3022656495 @default.
- W2183682009 cites W3123680685 @default.
- W2183682009 cites W3123962707 @default.
- W2183682009 cites W3124253467 @default.
- W2183682009 cites W3124557594 @default.
- W2183682009 cites W3124674560 @default.
- W2183682009 cites W3125454191 @default.
- W2183682009 cites W3125626870 @default.
- W2183682009 cites W3125692173 @default.
- W2183682009 cites W3125770312 @default.
- W2183682009 cites W3126070516 @default.
- W2183682009 cites W3142887413 @default.
- W2183682009 cites W3148258249 @default.
- W2183682009 cites W3148484004 @default.
- W2183682009 cites W3149084160 @default.
- W2183682009 hasPublicationYear "2009" @default.
- W2183682009 type Work @default.
- W2183682009 sameAs 2183682009 @default.
- W2183682009 citedByCount "2" @default.
- W2183682009 crossrefType "journal-article" @default.
- W2183682009 hasAuthorship W2183682009A5015496961 @default.
- W2183682009 hasAuthorship W2183682009A5026579573 @default.
- W2183682009 hasConcept C106159729 @default.
- W2183682009 hasConcept C162324750 @default.
- W2183682009 hasConcept C17744445 @default.
- W2183682009 hasConcept C18547055 @default.
- W2183682009 hasConcept C185592680 @default.
- W2183682009 hasConcept C199539241 @default.
- W2183682009 hasConcept C2776988154 @default.
- W2183682009 hasConcept C2779581858 @default.
- W2183682009 hasConcept C2992317946 @default.
- W2183682009 hasConcept C55493867 @default.
- W2183682009 hasConcept C556758197 @default.
- W2183682009 hasConcept C91602232 @default.
- W2183682009 hasConcept C98184364 @default.
- W2183682009 hasConceptScore W2183682009C106159729 @default.
- W2183682009 hasConceptScore W2183682009C162324750 @default.
- W2183682009 hasConceptScore W2183682009C17744445 @default.
- W2183682009 hasConceptScore W2183682009C18547055 @default.
- W2183682009 hasConceptScore W2183682009C185592680 @default.
- W2183682009 hasConceptScore W2183682009C199539241 @default.
- W2183682009 hasConceptScore W2183682009C2776988154 @default.
- W2183682009 hasConceptScore W2183682009C2779581858 @default.
- W2183682009 hasConceptScore W2183682009C2992317946 @default.
- W2183682009 hasConceptScore W2183682009C55493867 @default.
- W2183682009 hasConceptScore W2183682009C556758197 @default.
- W2183682009 hasConceptScore W2183682009C91602232 @default.
- W2183682009 hasConceptScore W2183682009C98184364 @default.
- W2183682009 hasLocation W21836820091 @default.
- W2183682009 hasOpenAccess W2183682009 @default.
- W2183682009 hasPrimaryLocation W21836820091 @default.
- W2183682009 hasRelatedWork W1589564980 @default.
- W2183682009 hasRelatedWork W1592100633 @default.
- W2183682009 hasRelatedWork W1594548985 @default.
- W2183682009 hasRelatedWork W2022237535 @default.
- W2183682009 hasRelatedWork W2059883289 @default.
- W2183682009 hasRelatedWork W2171611714 @default.
- W2183682009 hasRelatedWork W2492073116 @default.
- W2183682009 hasRelatedWork W3021798147 @default.
- W2183682009 hasRelatedWork W3121382329 @default.
- W2183682009 hasRelatedWork W3121975618 @default.
- W2183682009 hasRelatedWork W3124439567 @default.