WEBINAR: Revisiting Exchange Rate Rules

Event Code :WB492020
Venue :Online Webinar
Host Name :The SEACEN Centre
Coordinator :
Date From :12 Aug 2020
Date To :12 Aug 2020



In this presentation, Professor Dominguez presents a recent paper in which she proposes an approach to setting international exchange rate policy rules that discourage currency manipulation as well as spurious allegations of manipulation. It examines how intervention operations work, and demonstrates how counterfactual matching techniques can be used to test for causal links between intervention policies and exchange rate movements.

Kathryn Dominguez is Professor of Economics and Public Policy at the University of Michigan and Research Associate at the National Bureau of Economic Research.  She teaches in the Ford school and the department of economics, where she also serves as the Director of the Honors Program. She received her Ph.D. in economics from Yale University, and taught at Harvard before joining the Michigan faculty in 1997. She currently serves on the panel of economic advisors at the Congressional Budget Office, the New York Fed Economic Advisory Panel, and the Advisory Scientific Committee of the European Systemic Risk Board. 

Her research focuses on macroeconomics and global financial markets, with particular emphasis on the determinants of cross-border financial flows, macroeconomic forecasting, the efficacy of foreign exchange rate intervention policies, and the management of international reserves.  She has written numerous articles on foreign exchange rate behavior and is author of Exchange Rate Efficiency and the Behavior of International Asset Markets and Does Foreign Exchange Intervention Work? (with Jeff Frankel).

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