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* 6 Results

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    • Publications (6)
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    • Russia (2)
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    • Working Paper (4)
    • Journal Article (2)
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    • Macroeconomic Research (1)
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    • Akram Esanov (2)
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  • Tags: Exchange rate
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  1. Publication

    Monetary Policy Rules for Russia

    01.01.2005

    The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the Bank of Russia reacts to changes in inflation, the output gap and the exchange rate in a...

  2. Publication

    A Preliminary Evaluation of Monetary Policy Rules for Russia

    01.01.2004

    The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange rate in...

  3. Publication

    EMU calls for comprehensive labour market reform

    01.01.1999

    This paper deals with the interrelation between EMU and labour market flexibility in Euroland. It is shown that exchange rates between EU member states have - in various instances - played an important role as shock absorbers in the past, that...

  4. Publication

    Do Real Exchange Rate Appreciations Matter for Growth?

    01.05.2014

    While the impact of exchange rate changes on economic growth has long been an issue of key importance in international macroeconomics, it has received renewed attention in recent years, owing to weaker growth rates and the debate on "currency wars"....

  5. Publication

    A Bargaining Theory of Trade Invoicing and Pricing

    01.04.2013

    We develop a theoretical model of international trade pricing in which individual exporters and importers bargain over the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency reflects...

  6. Publication

    Sources of Euro Real Exchange Rate Fluctuations: What Is Behind the Euro Weakness in 1999-2000?

    01.05.2001

    This paper analyzes the factors underlying the weakness of the euro. For this purpose, the framework advocated by Clarida and Gali (1994) is used. Within this model, three structural shocks drive the dynamics of the endogenous variables: aggregate...

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