CO OZNACZA SŁOWO FIXED EXCHANGE RATE
Stały system kursów walutowych
Stały kurs wymiany, czasem nazywany kursem ustalonym, jest rodzajem reżimu kursu walutowego, w którym wartość waluty jest ustalona na podstawie wartości innej waluty, koszu innych walut lub innej wartości mierzonej, takiej jak złoto . Zwykle stosuje się stały kurs, aby ustabilizować wartość waluty w stosunku do waluty, na którą jest powiązana. Sprawia to, że handel i inwestycje między oboma obszarami walutowymi są łatwiejsze i bardziej przewidywalne i są szczególnie użyteczne dla małych gospodarek, w których handel zewnętrzny stanowi znaczną część ich PKB. Może być również stosowany jako środek do kontroli inflacji. Jednakże, gdy wartość referencyjna wzrasta i spada, tak samo wiąże się z nią waluta. Ponadto, zgodnie z modelem Mundell-Fleming z doskonałą mobilnością kapitału, stały kurs walutowy uniemożliwia rządowi korzystanie z krajowej polityki pieniężnej w celu osiągnięcia stabilności makroekonomicznej. W systemie stałych kursów walut rząd decyduje o wartości swojej waluty pod względem stałej wagi złota, stałej kwoty innej waluty lub koszyka innych walut.
Definicja słowa fixed exchange rate w słowniku
Definicja sztywnego kursu walutowego w słowniku jest systemem kursu walut w danym kraju, w ramach którego rząd lub bank centralny wiąże oficjalny kurs wymiany z walutą innego kraju.
KSIĄŻKI POWIĄZANE ZE SŁOWEM «FIXED EXCHANGE RATE»
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fixed exchange rate oraz krótkie ich fragmenty w celu przedstawienia kontekstu użycia w literaturze.
1
Exchange-
Rate Determination
This volume provides a survey of thought about exchange-rate determination as it emerged in the 1970s.
2
Macroeconomics: An Integrated Approach
In a fixed exchange rate regime, one of the two countries, with the acquiescence
of the other, sets the exchange rate and permits its money supply to adjust to the
level required to satisfy our formula. Thus, in a flexible exchange rate regime, the
...
Alan J. Auerbach, Laurence J. Kotlikoff,
1998
3
The Macroeconomic Theory of
Exchange Rate Crises
This book deals with the genesis and dynamics of exchange rate crises in fixed or managed exchange rate systems.
4
Will You Buy My Peg? The Credibility of a
Fixed Exchange ...
I. INTRODUCTION This paper provides an empirical answer to the question: can
a fixed exchange rate regime have a positive impact on bilateral trade relative to
other, more flexible exchange rate regimes? The study focuses on 24 small, ...
5
Exchange Rate Arrangements and Currency Convertibility: ...
Currency Board Arrangements A monetary regime based on an implicit
legislative commitment to exchange domestic currency for a specified foreign
currency at a fixed exchange rate, combined with restrictions on the issuing
authority to ...
R. B. Johnston, Mark Swinburne,
1999
6
Exchange Rate Regimes: Choices and Consequences
In response to a random shock that raises money demand, domestic interest
rates increase, depressing aggregate demand and imports. Under a fixed
exchange rate, this leads to an increase in reserves — whether because of lower
imports ...
Atish R. Ghosh, Anne-Marie Gulde-Wolf, Holger C. Wolf,
2002
7
An Interest
Rate Defense of a
Fixed Exchange Rate?
Olivier Jeanne, Robert P. Flood. We close the expanded model by introducing
the domestic government's budget constraint, and one other accounting identity.
in = r,(N, 4),) ——r *s,n,* k 3,1 (5) N, =B, +1), (6) The government's budget ...
Olivier Jeanne, Robert P. Flood,
2000
8
Intertemporal Adjustment and Fiscal Policy Under a
Fixed ...
... k leads to 19 Intertemporal Adjustment and Fiscal Policy in a Fixed Exchange
Rate Regime.
Marcel Aloy, Blanca Moreno-Dodson, Gilles Nancy,
2008
9
Handbook of Exchange Rates
The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels. "This book is remarkable.
Jessica James, Ian Marsh, Lucio Sarno,
2012
10
Poland: The Path to a Market Economy
The first two subsections provide a conceptual background for Poland's choice of
the pure fixed exchange rate regime and its subsequent switch to the crawling
peg arrangement, respectively. The main developments in the exchange rate ...
WIADOMOŚCI, KTÓRE ZAWIERAJĄ SŁOWO «FIXED EXCHANGE RATE»
Sprawdź, o czym dyskutuje się w prasie krajowej i zagranicznej oraz jak jest stosowane słowo
fixed exchange rate w wiadomościach.
Treasury boss backs economy
It could be seen as changing its character to a fixed exchange rate mechanism, which could invite speculative attack in the future. "Those sorts ... «New Zealand Herald, Lip 15»
Life after the Euro? What can Greece learn from Argentina?
... its fortune at the start of this century was linked to the success of others, through a pegged currency (fixed exchange rate) with the US dollar. «Irish Independent, Lip 15»
Exclusive Interview With Dolf Diederichsen, Coinay CEO
An interesting fact about Coinay vouchers is that it has a fixed exchange rate when users redeem their voucher codes. The company uses an ... «Inside Bitcoins, Lip 15»
Apps On iOS App Store Gets Cheaper In India
Until now, the prices in App Store were based on a fixed exchange rate (local currency equivalent of the USD price) which means that a $0.99 ... «Techtree.com, Lip 15»
Keep calm and embrace the Euro!
In Estonia the fixed exchange rate was 15,6466 Kroons per one Euro, in Latvia it is 0,702804 Lats per Euro. I'd like to emphasize the difference ... «Baltic Business News, Lip 15»
Sri Lanka knocks hard at BOP crisis door
... trinity says that it is not possible to have free movement of capital and independent monetary policy and also a fixed exchange rate. «EconomyNext, Lip 15»
Macau Casino Operator Stocks Can Rise 30%
(The pataca has a fixed exchange rate with the Hong Kong dollar.) Sands has a 4.8% dividend yield, and its share price is little changed since ... «Barron's, Lip 15»
Policy Lessons From The Eurodebacle
... but a fixed exchange rate, a gold standard, or any kind of obsessive fear of inflation would do the trick), the result is not just a depression and ... «New York Times, Lip 15»
There's more misery in store
The third case is the post-Second World War fixed exchange rate system, founded by the Bretton Woods conference in 1944 and which finally ... «The Statesman, Lip 15»
Don't Count on a Positive Last-Minute Deal for Greece Just Yet
Latvia had a fixed exchange rate, as its currency was pegged to the euro in the hope that this would speed up the adoption of the single ... «TheStreet.com, Lip 15»