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Bokil, S. V.
- New Frontiers of Research in Exchange Rate Analysis
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 32, No 3-4 (1990), Pagination: 204-222Abstract
This paper attempts to present the progress of research work on exchange rates during the recent years. It has been divided into three sections. Section I presents the work that was carriecd on within the Keynesian framework. Section II presents a review of monetary models of exchange rate determination and frustrations met in that area. It also comments on the new emerging literature on macro-economic modelling. Section III presents a summary of the work on the effects of large exchange rate shocks on prices and quantities. Here, it first discusses the exchange rate pass through to export/import prices and quantities and then takes up an analysis of new concept named as "hysteresis". The paper offers some concluding remarks.- On Measuring Protection: A Methodological Enquiry
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