abstract:this study examines the significant impact of exchange rate shock on prices of malaysian importsand exports. in methodology, the study adopts vector error correction (vecm) model using monthlydata of nominal exchange rates, money supply, prices of imports and prices of exports covering theperiod of m1:1999 to m12:2006. for further analysis, we adopt an innovation accounting bysimulatin...

This article addresses the impact of exchange rate volatility on U.S. exports of four forest commodities. Exchange rate volatility is measured by the standard deviation of the growth rate of real effective exchange rate of the U.S. dollar. The nonstationarity of individual time series is explicitly taken into account by employing multivariate cointegration analysis and error correction models. ...

This paper constructs a model in which the currency composition of national portfolios is an essential element in facilitating capital ‡ows between countries. In a two country environment, each country chooses optimal nominal bond portfolios in face of real and nominal risk. Current account de…cits are …nanced by increases in domestic currency debt, but balanced by increases in foreign currency...

We present a model that can identify artificial increases in crypto-currency prices (called ’pumps’) from publicly available order data. Our dataset consists of 179 24-hour order books from several prominent currencies. These order books are split into two sub-sets: nominal market movement order books and abnormal rate change order books. We first trained a SVM model for baseline results. We th...

This study examines the significant impact of exchange rate shock on prices of Malaysian importsand exports. In methodology, the study adopts vector error correction (VECM) model using monthlydata of nominal exchange rates, money supply, prices of imports and prices of exports covering theperiod of M1:1999 to M12:2006. For further analysis, we adopt an innovation accounting bysimulating varianc...

R ecent developments in open-economy macroeconomics have progressed under the paradigm of nominal price rigidities, where monetary disturbances are the main source of fluctuations. Following developments in closed-economy models, new open-economy models have combined price rigidities and market imperfections in a fully microfounded intertemporal general equilibrium setup. This framework has bee...

We test for the empirical relevance of partial and asymmetric dominant-currency pricing (DCP), hypothesis that large but not necessarily identical shares economies’ export import prices are sticky in US dollar. first set up a structural three-country New Keynesian dynamic stochastic general equilibrium model which nests DCP, producer-currency local-currency pricing. Under output spillovers from...

Firms sometimes write price lists or catalogs for their exports, so they set prices for a period of time and do not adjust prices during that interval in response to changes in their environment. The firm sets the price either in its own currency or the importer’s currency. This paper draws a simple link between the choice of currency and the pricing decision of a firm that changes prices in re...

This paper proposes to develop a balance-of-payments-constrained growth model analyse the importance of relationship between real exchange rate misalignment and share industry in output. Building on work Gabriel, Jayme Oreiro (2016), is expanded address: (i) influence price competitiveness net exports; (ii) capital mobility; (iii) nominal flexibility; (iv) wage as fraction value labour producti...

The present research was conducted to study the impact of macro-economic variables on index value currency. main objective this investigate some major factors having their contribution towards influencing exchange rate Pakistan. For purpose, time series monthly data five variables, i.e. Inflation rate, KIBOR, Forex Reserves, Exports and Imports Pakistan collected for period 2001-2015. Correlati...