Flexible Exchange Rates as Shock Absorbers

By Sebastian Edwards, E. L. Yeyati. 2003

462 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/c70671671139f9a870a25656cf4ba0d2b0625026

Citations in the corpus

• The Geography of Output Volatility (2009, unknown): “[34] Edwards, S.”
• The long-run impact of exchange rate regimes on international tourism flows (2014, unknown): “…2000; Rose & van Wincoop, 2001), price levels (Broda, 2006; Ghosh, Gulde, & Wolf, 2002), the transmission of terms of trade shocks (Broda, 2004; Edwards & Levy-Yeyati, 2005), growth (De Vita & Kyaw, 2011; Husain, Mody, & Rogoff, 2005) and foreign direct investment flows (Abbott, Cushman, & De…”
• Exchange Rate Volatility and Productivity Growth: The Role of Financial Development (2009, unknown): “Recent empirical evidence actually shows that flexible exchange rate regimes tend to absorb the effects of terms-of-trade shocks (see Broda, 2004; Edwards and Levy-Yeyati, 2005).”
• Monetary Policy in Emerging Markets (2010, unknown): “125 Other useful contributions to this large literature include Eichengreen and Leblang (2003), Mishkin (2007), and Rodrik and Subramanian (2009).”
• Exchange Rate Volatility and Economic Growth (2018, unknown): “A few studies have confirmed that exchange rate flexibility acts positively on economic growth through its effect on the adjustment process to shocks (Mundell 1961, Edwards and Levy-Yeyati 2005).”
• Macroeconomic Performance During Commodity Price Booms and Busts (2012, unknown): “Alternatively, Frankel (2010) proposes a monetary policy regime for small countries where a single commodity makes up a large share of national production and exports: targeting the domestic-currency price of exports.”