Essays about: "Exchange Rate Targeting"

Showing result 1 - 5 of 6 essays containing the words Exchange Rate Targeting.

  1. 1. Labour as leverage for the exchange rate - Does labour intensity magnify the effect that exchange rates have on output?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sebastian Mårtensson; [2019]
    Keywords : Trade; output; exchange rate; labour; labour intensity; nordic countries; Business and Economics;

    Abstract : This thesis examines if the amount of labour intensity within a sector changes the effect that the real effective exchange rate have on output. Fixed panel data regressions for Sweden, Norway and Denmark lend support to the hypothesis that labour intensive sectors’ output react more to changes in the real exchange rate than its less labour intensive counterparts. READ MORE

  3. 2. The effects of central bank independence on inflation : A study on OECD-countries

    University essay from Umeå universitet/Nationalekonomi

    Author : Mervan Bedikanli; [2018]
    Keywords : ;

    Abstract : The ever-growing trends of globalization and open capital markets have changed world economics and the cooperation of monetary and political institutions. Since the breakdown of the Bretton-Woods system, defending the home currency has no longer been the main target for central banks. READ MORE

  4. 3. The Effectiveness of Exchange Rate Targeting as a Monetary Policy Tool at the Zero Lower Bound - The Case of the Czech Republic

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Jenny Dreier; Claire Thürwächter; [2016]
    Keywords : Unconventional Monetary Policy; Exchange Rate Targeting; Czech Republic; Vector Autoregressive Models; Policy Evaluation;

    Abstract : In November 2013, the Czech economy faced significant deflationary pressure as a consequence of a recessionary European environment. In response, the Czech National Bank decided to depreciate its exchange rate artificially and defend a one-sided exchange rate target of 27 CZK/EUR. The goal is to guide inflation back to target. READ MORE

  5. 4. Do central banks respond to exchange rates and restrictions to capital flows? Evidence from panel data

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anna Åkesson; [2014]
    Keywords : Inflation targeting; Taylor rule; real exchange rate; Schindler index; Business and Economics;

    Abstract : This paper examines whether central banks consider exchange rates and restrictions to capital flows when setting the policy rate. Specifically, this paper studies if there is a difference in the reaction between inflation targeting central bank and non-inflation targeting central banks in advanced and emerging economies. READ MORE

  6. 5. Stock Volatility In Various Financial Institutions: Case Study of Germany with GARCH Estimations

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Paul Sandström; [2011]
    Keywords : Stock Volatility; Financial Institutions; Germany; GARCH-M; EGARCH; Conditional Variance; Business and Economics;

    Abstract : This study will try to determine the volatility of the stock returns of various financial institutions in Germany during the time period 1998-2007. The reasoning behind targeting Germany is that it is commonly known as one of the most stable and reliable economies in Europe, where Germany has been chosen as a representative case. READ MORE