The Swedish real exchange rate under different currency regimes

The impact of exchange rate on economic growth under different exchange rate regimes (in selected countries developed and developing)

This paper examines the role of different exchange rate regimes on relationship between  exchange rate volatility and economic growth. To investigate this relationship, information of 53 countries with floating and fixed exchange rate regimes in the period of 1987-2016 are considered. GARCH technique is used to estimate exchange rate volatility and Difference GMM technique for estimating the mo...

Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis

The Interest Rate–Exchange Rate Nexus in Currency Crises

Sharp exchange rate depreciations in the East Asian crisis countries (Indonesia, Korea, and Thailand) raised doubts about the efficacy of increasing interest rates to defend the currency. Using a standard monetary model of exchange rate determination, this paper shows that tighter monetary policy was in fact associated with an appreciation of the exchange rate in these countries and during the ...

The duration of fixed exchange rate regimes

This paper studies the survival of fixed exchange rate regimes. The probability of an exit from a fixed exchange rate regime depends on the time spent within this regime. In such a context durations models are appropriate, in particular because of the possible non-monotonic pattern of duration dependence. Non-parametric estimates show that the pattern of duration dependence exhibits non-monoton...

Currency Exchange Rate Forecasting using Associative Models

Associative Models were created and used for pattern recognition tasks, but recently such models have shown good forecasting capabilities; by a preprocessing of a time series and some fit of the Model. In this paper, the Gamma Classifier is used as a novel alternative for currency exchange rate forecasting, where experimental results indicate that the proposed method can be effective in the Exc...