Exchange Rates and Adjustment: Perspectives from the New Open- Economy Macroeconomics

131 citations recorded by the source corpus.

Subfields: Finance

Citations in the corpus

Exchange Rate Fluctuations, Financing Constraints, Hedging, and Exports: Evidence from Firm Level Data (2007, unknown): “We build a simultaneous nonlinear structural model with external financing costs, and estimate the model on 14 separate Japanese 4 digit level industries.”
Concepts of equilibrium exchange rates (2005, unknown): “Views differ among researchers on how firms account for exchange rate movements when setting their pricing policy; see, for example, Obstfeld (2002).”
Self-Selection and Post-Entry Effects of Exports: Evidence from Italian Manufacturing Firms (2008, unknown): “The superior performance of exporters compared to non-exporters can be due to both effects: to evaluate the relative contributions of the two explanations is an empirical question.”
Can Oil Prices Forecast Exchange Rates (2011, unknown): “…empirical evidence in favor of their explanatory power for real exchange rates4 see Alquist, Kilian and Vigfusson (2011) for a review of the literature on forecasting oil prices and Obstfeld (2002) for a discussion on the correlation between nominal exchange rates and export price indices.”
A new look at pass-through (2008, unknown): “The BlanchardQuah methodology flows from the restriction that certain shocks cannot affect the level of certain variables in 8 Obstfeld (2002) further defends the expenditure switching channel with more evidence of substantial pass-through into import prices and discussion of firm level responses…”