This paper examines the policies that have been proposed to solve the financial and
sovereign debt crisis in Europe, against the backdrop of what the real underlying problems …

There is a large literature on the influence of commodity prices on the currencies of countries
with a large commodity-based export sector, such as Australia, New Zealand, and Canada …

Over the last 20 years—and especially over the last decade—the international expansion of
money and commodities and the international relocation of production have grown …

This paper revisits the relationship between energy prices and the Canadian dollar, using
an equation first developed by Amano and van Norden (1995). They found evidence of a …

During the last 25 years, monetary practice in most countries has increasingly been
characterized by the attempt to achieve credibility of purpose while expanding the freedom …

International Macroeconomics: Theory and Policy offers phenomenal coverage across the
entire subject of international macroeconoimics in an open economy context. The book has …

We find weak evidence of a stable relationship between the Australian real exchange rate
and the terms of trade from 1969 to 1990. Since the float, the terms of trade and long real …

Untitled Page 1 Page 2 OCCASIONAL PAPER 82 Characteristics of a Successful Exchange
Rate System Jacob A. Frenkel, Morris Goldstein, and Paul R. Masson INTERNATIONAL …

This paper explores whether gold prices have a reliable out-of-sample relationship with the
Australian dollar/US dollar nominal and real exchange rates using daily and quarterly data …

In December 1983, Australia abandoned its management of the exchange rate, ushering in
a period of floating rates which has continued until the present. This decision to float the …