Faithin Omaha eBook Collection

This paper examines the impact of exchange rate regimes on bilateral trade while differentiating the effects of "words" and "deeds". Our findings-based on an ex

Modern macroeconomic theory teaches us new lessons about exchange rates: Currency depreciations or appreciations that change the relative competitiveness of pro

The analysis of complex relation between the exchange rate regime and the international trade is done based on the next methodological principles: 1) The analys

Traditionally the choice of exchange rate regime has been seen as a second-best policy choice, which can be directed toward mitigating the distortionary effects

These essays review recent advances in exchange rate analysis and new empirical analysis of the behavior of exchange rates and their effects on international tr