Related Books
Language: en
Pages: 62
Pages: 62
Type: BOOK - Published: 2017-11-22 - Publisher: International Monetary Fund
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in
Language: en
Pages: 66
Pages: 66
Type: BOOK - Published: 2017-11-13 - Publisher: International Monetary Fund
We document that the U.S. dollar exchange rate drives global trade prices and volumes. Using a newly constructed data set of bilateral price and volume indices
Language: en
Pages: 46
Pages: 46
Type: BOOK - Published: 2020-07-20 - Publisher: International Monetary Fund
The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency fina
Language: en
Pages: 22
Pages: 22
Type: BOOK - Published: 2020-01-17 - Publisher: International Monetary Fund
We investigate the motives inflation-targeting central banks in emerging markets may have for intervening in foreign exchange markets and evaluate the case for
Language: en
Pages: 306
Pages: 306
Type: BOOK - Published: 2019-04-01 - Publisher: Hoover Press
Drawing from their 2018 conference, the Hoover Institution brings together leading academics and monetary policy makers to share ideas about the practical issue
