Warianty tytułu
Języki publikacji
Abstrakty
Funkcjonowanie międzynarodowego mechanizmu transmisyjnego stanowi jeden z głównych obszarów badań tzw. nowej makroekonomii gospodarki otwartej. Proces analizy międzynarodowego mechanizmu transmisyjnego jest skomplikowany ze względu na różne sposoby przepływu informacji między rynkami krajowymi i zagranicznymi. W niniejszym artykule skoncentrowano się na kursie walutowym jako kanale przenoszenia zakłóceń (zmian) między krajami. Omówiono także skutki przyjęcia założenia o podawaniu cen w handlu zagranicznym w walucie importera. Przedstawiono rozważania na temat wpływu ustalania cen w handlu zagranicznym na funkcjonowanie mechanizmu transmisyjnego po utworzeniu obszaru euro.
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autor
Bibliografia
- Ball L., [1999],Policy Rules for Open Economies', w: Taylor J., Monetary Policy Rules, University Chicago Press.
- Baxter M., Stockman A.C., [1989], Business Cycles and the Excha "Monetary Economics", nr 23
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- Betis C., Devereux M.B., [199]. The Exchange Rates in a Model of Pricing to Market "European Economic Review", nr 40.
- Calvo G., Reinhart C., [2000], "Fear of Floating", NBER Working Paper, nr 7993, Cambridge, MA. November.
- Caves E.C., Frankel A. Jones R.W. [1998], Handel i Finanse Międzynarodowe, PWE, Warszawa.
- Corseiti G., Pesenti P., Roubini N., Tile C., [2000], Competitive devaluation: toward welfare-barsed approach, "Journal of Intonational Economics", nr 51
- Devereux M.B., [1997], Real Exchange Rates and Macroeconomics, "Canadian Journal of Economies", nr 30.
- Devereux M.B., Engel Ch., [1998], Fixed vs. Floating Exchange Rates: How Price Setting Affecis the Optimal Choice of Exchange-Rate Regime", NBER Working Paper,nr 6867, December.
- Devereux M.B., Engel Ch.. [1999], The Optimal Choice of Exchange Rate Regime: Price Setling Rules and Internationalized Production", NBER Working Paper, nr 6992, March.
- Devereux M.B., Engel Ch. Tille C., (1999), Exchange Rate Pass-Trough and the Welfare Effects of the Euro, NBER Working Paper. nr W7382, October.
- Devereux M.B., Engel Ch. [2000], Monetary Policy in the Open Economy Revisited: Price Set Ming and Exchange Rate Flexibilty", NBER Working Paper, nr. 7665, April.
- Feldstein M., [1992], The case against the EMU, The Economist, 13 June
- Finn A., [1999], An Equilibrium Theory of Nominal and Real Exchange Rate Comovement," Journal of Monetary Economics", nr 44.
- Frankel J., [1999].No Single Currency Regimes is Right for All Countries or at All Times" NBER Working Paper, ne 7338.
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- Goldgerg P.K. Knetter M.M. [1997], Goods, Prices and Exchange Rates: What Have We Learned?, "Journal of Economic Literature", vol. XXXV, s. 1243-1272, September.
- Hau H., [2000]. Exchange Rate determination: The Role of Factor price Rigidities and Nontradeables "Journal Intonational Economics", nr 50.
- Hausman R. Panizza U. Stein E., [2000], Why do countries float the way they float",mimeo, Inter-American Development Bank.
- Knetter M., [1993], International Comparisons of Price-to-Maket Behavior, "American Economie Review", nr 83.
- Krugman P. [1987], "ricing to market when the exchange rate changes" w: Arndt S., Richardson J. (red.), Real-Financial Linkages Among Open Economies, The MIT Press, Cambridge
- Krugman P. Obsifeld M., (2001), Międzynarodowe stosunki gospodarcze, PWE, Warszawa.
- MacDonald R., Ricci L. [2001]. PPP and Balassa Samuelson Effect: The Role of the Distibution Sector, IMF Working Paper, nr 38, March
- Messe R.A., Rogoff K., [1983], Empirical Exchange Rate Model of the Seventies. Do they fit out of sample?, "Journal of Intonational Economics",nr 14.
- Melizer A., (1995), Money, Credit and Policy, Symposium on the Monetary Transmission Mechanism, "Journal of Economic Perspectives", nr 4.
- Mishkin FS. [1995], Symposium on the Monetary Transmission Mechanism "Jounal of Econoumic: Perspectves", nr 4,
- Obsifeld M.. Rogoff K., 1995, The Mirage of Fixed Exchange Rate ",Journal of Economic Perspectives nr 4
- Obsield M Rogoff K., [20003]. The Six Major Puzzlesin International Macroeconomics a Common Cause?, NBER Working Paper, nr 7777, Juz.
- Obisteld M., Rogoli K., [2000b). New Directions for Stochastic Open Economy Models," Journal of International Economics", nr 50.
- Rogoff K. [1996]. Purchasing Power Parity Puzzle, "Journal of Economic Literature", nr 34, June.
- Taylor J. [1995]. The Monetary Transmission Mechanism: An Empirical Framework, "Journal of Economic Perspectives", nr 4.
- Tile C., [2000], Beggar-hy-neighbor" or "Beggar-ihyself"? The Income Effect of Exchange rate fluctuations, Federal Reserve Bank of New York Staff Report, nr 112, September.
- Wypłosz Ch. [1983]. "The exchange and interest rate term structure under risk aversion and rational expectations", "Journal of International Economics",nr 14.
Typ dokumentu
Bibliografia
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