Main description: Der Autor untersucht, ob sich im Zeitablauf trendmäßige Entwicklungen, insbesondere ein signifikanter Anstieg der Wechselkursvolatilität feststellen lassen, und wieweit diese durch das gewählte Wechselkursregime beeinflusst werden. Im Gegensatz zu bisherigen Arbeiten liegt...

Zentrales Anliegen des Autors ist es, die mittel- bis langfristige Entwicklung des realen Außenwertes der DM im letzten Vierteljahrhundert zu erklären. Nach einer kurzen Übersicht über Theorien zur Wechselkursbestimmung aus der Literatur werden die Elemente des hier gewählten theoretischen...

A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...

"Principles of International Finance and Open Economy Macroeconomics presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives of emerging economies and developing countries. Unlike most macroeconomic textbooks, which typically emphasize issues...

Dollarization : a primer / Eduardo Levy Yeyati and Federico Sturzenegger -- Dollarization : analytical issues / Roberto Chang and Andrés Velasco -- Using balance sheet data to identify sovereign default and devaluation risk / Pablo Andrés Neumeyer and Juan Pablo Nicolini -- Dollarization and...

1. Introduction -- 2. Gold property and gold market mechanism -- 3. In-depth interview on topical issues in the gold market of Hong Kong -- 4. Gold market and impact factors analysis -- 5. Internationalization of RMB and Hong Kong as an offshore market -- 6. Hong Kong gold market and its...

This book collects expert opinions, research, and risk assessments from within the Chinese financial policy establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy diversifies in the acquisition of global assets, the...

1. Currency-at-War: A Longer View -- 2. Forecasting, Yi Ching and San Bian Shu: A Chinese Approach for Gaining Foresight - An Interview with Jason Tan Beng Siang -- 3. Sustainability Reporting: Case of a University in Beijing -- 4. Wanted: A New, Chinese Paradigm in Finance -- 5. Real Estate and...

Foreign Exchange Markets and Foreign Exchange Rates -- Exchange Rate Regimes and International Monetary Systems -- International Parity Conditions -- Balance of Payments and International Investment Positions -- Open Economy Macroeconomics -- Balance of Payments Issues and Exchange Rate...