Dominant Currencies and External Adjustment

Dominant Currencies and External Adjustment
Author :
Publisher : International Monetary Fund
Total Pages : 46
Release :
ISBN-10 : 9781513512150
ISBN-13 : 1513512153
Rating : 4/5 (153 Downloads)

Book Synopsis Dominant Currencies and External Adjustment by : Gustavo Adler

Download or read book Dominant Currencies and External Adjustment written by Gustavo Adler and published by International Monetary Fund. This book was released on 2020-07-20 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency financing) has come to the forefront of policy debate, raising questions about how exchange rates work and the benefits of exchange rate flexibility. This Staff Discussion Note documents these features of international trade and finance and explores their implications for how exchange rates can help external rebalancing and buffer macroeconomic shocks.


Dominant Currencies and External Adjustment Related Books

Dominant Currencies and External Adjustment
Language: en
Pages: 46
Authors: Gustavo Adler
Categories: Business & Economics
Type: BOOK - Published: 2020-07-20 - Publisher: International Monetary Fund

GET EBOOK

The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency fina
The Dominant Currency Financing Channel of External Adjustment
Language: en
Pages: 81
Authors: Camila Casas
Categories: Business & Economics
Type: BOOK - Published: 2023-08-11 - Publisher: International Monetary Fund

GET EBOOK

We provide evidence of a new channel through which exchange rates affect trade. Using a novel identification strategy that exploits firms’ maturity structure
Dominant Currency Paradigm: A New Model for Small Open Economies
Language: en
Pages: 62
Authors: Camila Casas
Categories: Business & Economics
Type: BOOK - Published: 2017-11-22 - Publisher: International Monetary Fund

GET EBOOK

Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in
External Adjustment
Language: en
Pages: 64
Authors: Maurice Obstfeld
Categories: Balance of trade
Type: BOOK - Published: 2004 - Publisher:

GET EBOOK

"Gross stocks of foreign assets have increased rapidly relative to national outputs since 1990, and the short-run capital gains and losses on those assets can a
Currencies of External Balance Sheets
Language: en
Pages: 50
Authors: Mr. Cian Allen
Categories: Business & Economics
Type: BOOK - Published: 2023-11-17 - Publisher: International Monetary Fund

GET EBOOK

This paper assembles a comprehensive dataset of the currency composition of countries’ external balance sheets for 50 economies over the period 1990–2020. W