The exchange rate – A shock-absorber or source of shocks? A study of four open economies
By M. Artis, Michael Ehrmann. 2006
110 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/69e8576acd7999abf1a9336d8bb53b0d2f1e8e58
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Marcel Fratzscher
- Katie Farrant
- Lucio Sarno
- Luciana Juvenal
- G. Peersman
- Michael Ehrmann
- Lutz Kilian
- Ine Van Robays
In Finance
- Marcel Fratzscher
- G. Peersman
- Luciana Juvenal
- Lucio Sarno
- Katie Farrant
- Michael Ehrmann
- Mark P. Taylor
- Jakob de Haan
Citations in the corpus
- Asset Prices, Exchange Rates and the Current Account (2007, background): “For example, Artis and Ehrmann (2006) show that the exchange rate is largely driven by its own shocks for several major economies in the context of a structural VAR, while the vast literature on explaining movements in equity prices indicates that economically meaningful variables do not explain…”
- Is the Exchange Rate a Shock Absorber or a Source of Shocks? New Empirical Evidence (2006, methodology): “Artis and Ehrmann (2000) also introduce short-run restrictions. Short-run restrictions are very stringent and could be misleading. There is no theoretical reason to justify a zero contemporaneous impact of nominal shocks on output, and it is inconsistent with a large class of general equilibrium mod”