Chapter 18 Exchange-rate dynamics

Econometric policy evaluation: A critique

1976 • 5,457 citations

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

Foundations of Economic Analysis.

1948 • 4,401 citations

Empirical exchange rate models of the seventies

1983 • 4,141 citations

Differential Equations, Dynamical Systems, and Linear Algebra

1974 • 3,199 citations

A Model of Balance-of-Payments Crises

1979 • 3,034 citations

Foundations of Economic Analysis

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Aggregate Dynamics and Staggered Contracts

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The Doctoral Dissertation

2017 • 1,770 citations

Money and Economic Growth

1965 • 1,656 citations

Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns

1983 • 1,611 citations

Domestic Financial Policies Under Fixed and Under Floating Exchange Rates

1962 • 1,464 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

An Equilibrium Model of the Business Cycle

1975 • 1,045 citations

Exchange Rates and the Current Account.

1980 • 1,009 citations

On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials

1979 • 985 citations

A Monetary Approach To The Exchange Rate: Doctrinal Aspects And Empirical Evidence

1977 • 970 citations

Domestic Financial Policies under Fixed and under Floating Exchange Rates (Politiques finacierieures interieures avec un systeme de taux de change fixe et avec un systeme de taux de change fluctuant) (Politica financiera interna bajo sistemas de tipos de cambio fijos o de tipos de cambio fluctuantes)

1962 • 830 citations

A RECONSIDERATION OF THE MICROFOUNDATIONS OF MONETARY THEORY

1967 • 818 citations

A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence

1976 • 810 citations

Wage indexation: A macroeconomic approach

1976 • 778 citations

The Phillips curve and labor markets

1976 • 634 citations

OPEN-ECONOMY MACROECONOMICS

1996 • 549 citations

Política financiera interna bajo sistemas de tipos de cambio fijos o de tipos de cambio fluctuantes

1962 • 546 citations

Market Fundamentals versus Price-Level Bubbles: The First Tests

1980 • 539 citations

Exchange Rate Theory and Practice

1984 • 506 citations

International Economics

1969 • 494 citations

On the Indeterminacy of Equilibrium Exchange Rates

1981 • 448 citations

Market Anticipations of Government Policies and the Price of Gold

1978 • 445 citations

Time-Separable Preferences and Intertemporal-Substitution Models of Business Cycles

1984 • 424 citations

A Theory of Exchange Rate Determination

1980 • 410 citations

Does fiscal policy matter?

1976 • 404 citations

Optimal growth with many consumers

1984 • 384 citations

Essays on the Theory of Optimal Economic Growth.

1968 • 369 citations

A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations

1977 • 358 citations

The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach

1977 • 345 citations

The Exchange Rate and the Balance of Payments in the Short Run and in the Long Run: A Monetary Approach

1976 • 336 citations

The Stability of Models of Money and Growth with Perfect Foresight

1973 • 328 citations

A Model of Exchange Rate Dynamics

1982 • 327 citations

Economic interdependence and flexible exchange rates

1984 • 294 citations

The Rate of Time Preference and Dynamic Economic Analysis

1983 • 286 citations

A simple perfect foresight monetary model

1975 • 273 citations

The Theory of Flexible Exchange Rate Regimes and Macroeconomic Policy

1977 • 223 citations

Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?

1983 • 215 citations

Stabilization of the domestic and international economy

1977 • 214 citations

The Vulnerability of Price Stabilization Schemes to Speculative Attack

1983 • 180 citations

The Theory of Exchange Rate Determination

1984 • 179 citations

Real exchange rates under alternative nominal exchange-rate systems

1983 • 171 citations

Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation

1981 • 166 citations

The Theory of Flexible Exchange Rate Regimes and Macroeconomic Policy

1976 • 163 citations

Wages, Flexible Exchange Rates, and Macroeconomic Policy

1980 • 159 citations

Open economy macroeconomics

1981 • 157 citations

Exchange Rate Dynamics and the Overshooting Hypothesis (La dynamique des taux de change et l'hypothese du surajustement) (La dinamica de los tipos de cambio y la hipotesis del ajuste excesivo)

1982 • 155 citations

Currency prices, terms of trade, and interest rates: A general equilibrium asset-pricing cash-in-advance approach

1985 • 153 citations

The Efficiency of Foreign Exchange Markets and Measures of Turbulence

1980 • 152 citations

Anticipated Shocks and Exchange Rate Dynamics

1979 • 140 citations

Purchasing power parity under fixed and flexible exchange rates

1978 • 135 citations

Oil and the Dollar

1980 • 134 citations

On Models of Money and Perfect Foresight

1979 • 133 citations

Portfolio Equilibrium and the Balance of Payments: A Monetary Approach

1975 • 130 citations

The Role of Trade Flows in Exchange Rate Determination: A Rational Expectations Approach

1980 • 114 citations

A Capital Market in an Equilibrium Business Cycle Model

1980 • 113 citations

Negative net foreign asset positions and stability in a world portfolio balance model

1982 • 108 citations

Real exchange rate overshooting and the output cost of bringing down inflation

1982 • 104 citations

Exchange Rates and the International Adjustment Process

1978 • 103 citations

The Stability of Exchange Rate Dynamics under Perfect Myopic Foresight

1979 • 101 citations

Exchange Rate Dynamics with Stock/Flow Interaction

1977 • 97 citations

A portfolio balance model of the open economy

1975 • 96 citations

A Model of Stochastic Process Switching

1983 • 96 citations

Floating Exchange Rates after Ten Years

1983 • 96 citations

The Two-Sector Open Economy and the Real Exchange Rate

2016 • 91 citations

Staggered Contracts and Exchange Rate Policy

1983 • 78 citations

Dynamics of a Floating Exchange Rate Regime

1982 • 76 citations

Exchange Rate Dynamics with Sluggish Prices under Alternative Price-Adjustment Rules

1984 • 76 citations

Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model

1981 • 75 citations

Intertemporal price speculation and the optimal current-account deficit

1983 • 75 citations

Expectations, the exchange rate, and the current account

1983 • 74 citations

Exchange Rates and the International Adjustment Process

1978 • 69 citations

Recent Issues in the Theory of Flexible Exchange Rates

1984 • 69 citations

A Stochastic Equilibrium Model of an Open Economy Under Flexible Exchange Rates*

1978 • 65 citations

The costs and consequences of inflation

1981 • 64 citations

Monetary Expansion and Real Exchange Rate Dynamics

1981 • 64 citations

Optimal Capital Accumulation by an Economy Facing an International Capital Market

1969 • 63 citations

The role of saving and investment in exchange rate determination under alternative monetary mechanisms

1984 • 59 citations

Fluctuating Exchange Rates and the International Transmission of Economic Disturbances

1980 • 57 citations

International money markets and flexible exchange rates

1973 • 57 citations

Towards a Consistent Comparison of Alternative Exchange Rate Systems

1979 • 54 citations

Portfolio choice, investment, and growth

1968 • 54 citations

Portfolio Choice, Investment, and Growth

1968 • 49 citations

Essays on expectations and exchange rate volatility

1980 • 49 citations

Intermediate imports, the terms of trade, and the dynamics of the exchange rate and current account

1980 • 48 citations

Recent Issues in International Monetary Economics.

1977 • 48 citations

Real exchange rate overshooting and the output cost of bringing down inflation

1982 • 45 citations

The Stability of Models of Money and Perfect Foresight: A Comment

1977 • 36 citations

Energy and Growth under Flexible Exchange Rates: A Simulation Study

1980 • 35 citations

International money markets and flexible exchange rates

1972 • 32 citations

International aspects of stabilization policies

1976 • 31 citations

Intermediate Imports, the Terms of Trade, and the Dynamics of the Exchange Rate and Current Account

1980 • 26 citations

On the effects of macroeconomic policy in a maximizing model of a small open economy

1982 • 24 citations

An Example of Exchange Rate Overshooting

1979 • 23 citations

Diverse Information and Market Efficiency in a Monetary Model of the Exchange Rate

1981 • 22 citations

Perfect Foresight, Financial Policies, and Exchange-Rate Dynamics

1982 • 21 citations

Wage indexation, flexible exchange rates, and macro-economic policy

1979 • 20 citations

Anti-Inflationary Monetary Policy and the Capital Import Tax

1980 • 15 citations

Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight

1982 • 15 citations

ANTI-INFLATIONARY MONETARY POLICY AND THE CAPTIAL IMPORT TAX

1980 • 14 citations

Rational Expectations, Endogenous Currency Substitution, and Exchange Rate Determination

1983 • 12 citations

Dynamic effects of government policies in an open economy

1980 • 11 citations

The dynamic adjustment path for perfectly foreseen changes in monetary policy

1982 • 10 citations

Optimal Price and Inventory Adjustment in an Open-Economy Model of the Business Cycle

1983 • 9 citations

Optimal Price and Inventory Adjustment in an Open-Economy Model of the Business Cycle

1985 • 9 citations

The Forward Rate as a Predictor of the Future Spot Rate, the Role of Policy, and Exchange Rate Regime Choice

1984 • 8 citations

Money shocks and deviations from purchasing power parity

1984 • 7 citations

Open-Economy Implications of Two Models of Business Fluctuations

1986 • 5 citations

Optimal and Time Consistent Exchange Rate Management in an Overlapping Generations Economy

1983 • 3 citations

Current Account, Exchange Rate, and Monetary Dynamics in a Stochastic Equilibrium Model

1984 • 2 citations