Haku
Viitteet 1-3 / 3
The Ruble between the hammer and the anvil: Oil prices and economic sanctions
(21.08.2015)
BOFIT Discussion Papers 25/2015
BOFIT Discussion Papers 25/2015
The exchange rate fluctuations strongly affect the Russian economy, given its heavy dependence on foreign trade and investment. Since January 2014, the Ruble lost 50% of its value against the US Dollar. The fall of the ...
Exchange rate pass-through and cross-country spillovers: Some evidence from Ukraine and Russia
(06.10.2016)
BOFIT Discussion Papers 14/2016
BOFIT Discussion Papers 14/2016
This paper studies exchange rate pass-through to consumer prices in Ukraine and Russia considering cross-country linkage and spillover effects. We relax the assumption of “isolated islands” and employ a bilateral panel ...
Monetary policy transmission with two exchange rates and a single currency : The Chinese experience
(21.10.2017)
BOFIT Discussion Papers 14/2017
BOFIT Discussion Papers 14/2017
In emerging market economies, transmission of monetary policy through the foreign exchange market is complicated by the coexistence of financial restrictions and arbitrages. Using China as an example, we show that the ...