EconPapers    
Economics at your fingertips  
 

Overview of the Main Models of the Exchange Rate and Analysis: Their Applicability to Russian Conditions

Обзор основных моделей обменного курса и анализ возможностей их применения в российских условиях

Trunin, Pavel (Трунин, Павел) () and Bozhechkova, Alexandra (Божечкова, Александра)
Additional contact information
Trunin, Pavel (Трунин, Павел): Russian Presidential Academy of National Economy and Public Administration
Bozhechkova, Alexandra (Божечкова, Александра): Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The goal of this work is to study models of the exchange rate, as well as to analyze the theoretical and empirical approaches to the analysis of the intervention policy of the central bank. First, we examined base models of the formation of exchange rates and identified key factors that influence the nominal exchange rate. Secondly, we reviewed main theoretical models of central bank`s foreign exchange interventions, analyzed key channels of transmission. Third, we analyzed the results of empirical studies that examined the impact of foreign exchange intervention of the monetary authorities on the level, growth rate and volatility of the nominal exchange rate.

Keywords: Model; of; the; exchange; rate (search for similar items in EconPapers)
Pages: 86 pages
Date: 2013-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/wpaper/12.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:wpaper:12

Access Statistics for this paper

More papers in Working Papers from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().

 
Page updated 2025-07-27
Handle: RePEc:rnp:wpaper:12