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1.
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This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950–1962. It examines whether the floating rate was the best option for Ca[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroecon[...]
2011 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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3.
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In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of [...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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The paper examines how the Balassa-Samuelson hypothesis is affected by a modern variation of the standard model that allows product differentiation (within the traded and[...]
2009 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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This paper examines the impact of a collapsing exchange rate regime on output in an open economy in which shocks to capital flows and exports predominate. A sticky-price [...]
1999 | Text | Staff Working Paper - Document de travail du personnel |
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