Showing 1 - 10 of 69,774
/methodology/approach: We formulated the following hypothesis: Depreciation of the Euro versus American dollar exchange rate occurred in the … period of financial and fiscal crisis (2008-2014). The main reasons for that included: fiscal crisis in the euro area …, implementation of standard and non–standard (quantitative easing) ECB monetary policy measures and growth of money supply in the euro …
Persistent link: https://www.econbiz.de/10012922844
Persistent link: https://www.econbiz.de/10011415589
Persistent link: https://www.econbiz.de/10013432191
Persistent link: https://www.econbiz.de/10001596256
Persistent link: https://www.econbiz.de/10009689373
Before the crisis of 1997-98, the East Asian economies except for Japan but including China pegged their currencies to the U.S. dollar. To avoid further turmoil, the IMF now argues that these currencies should float more freely. However, our econometric estimations show that the dollar's...
Persistent link: https://www.econbiz.de/10012729302
Before the crisis of 1997/98, the East Asian economies - except for Japan but including China - pegged their currencies to the US dollar. To avoid further turmoil, the IMF argues that these currencies should float more freely. However, the authors' econometric estimations show that the dollar's...
Persistent link: https://www.econbiz.de/10014070350
Persistent link: https://www.econbiz.de/10012310735
We empirically assess the interlinkages between sovereign risk, measured in terms of CDS spreads, and exchange rates for a sample of emerging markets. Our period of analysis includes periods of severe stress, such as the Global Financial Crisis, the COVID-19 pandemic and the Ukrainian War. Using...
Persistent link: https://www.econbiz.de/10014505308
Persistent link: https://www.econbiz.de/10001474148