Narrow search
Showing 1 - 10 of 114
Cover Image
Does the Nominal Exchange Rate Regime Affect the Real Interest Parity Condition?
Dreger, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
The real interest partity (RIP) condition combines two cornerstones in international finance, uncovered interest parity (UIP) and ex ante purchasing power parity (PPP). The extent of deviation from RIP is therefore an indicator of the lack of product and financial market integration. This paper...
Persistent link: https://www.econbiz.de/10010896121
Cover Image
Does the Nominal Exchange Rate Regime Affect the Real Interest Parity Condition?
Dreger, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
The real interest partity (RIP) condition combines two cornerstones in international finance, uncovered interest parity (UIP) and ex ante purchasing power parity (PPP). The extent of deviation from RIP is therefore an indicator of the lack of product and financial market integration. This paper...
Persistent link: https://www.econbiz.de/10004963984
Cover Image
The Impact of Real Oil Price on Real Effective Exchange Rate: The Case of Azerbaijan
Hasanov, Fakhri - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
Using quarterly data from 2000-2007 and applying Error Correction Model and Johansen Co-integration Approaches I estimate the impact of real oil price on the real exchange rate of Azerbaijani manat. Estimation outputs derived from these approaches are very close to each other and indicate that...
Persistent link: https://www.econbiz.de/10008490410
Cover Image
Does the Nominal Exchange Rate Regime Affect the Real Interest Parity Condition?
Dreger, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
The real interest partity (RIP) condition combines two cornerstones in international finance, uncovered interest parity (UIP) and ex ante purchasing power parity (PPP). The extent of deviation from RIP is therefore an indicator of the lack of product and financial market integration. This paper...
Persistent link: https://www.econbiz.de/10005069144
Cover Image
Business Cycles, International Trade and Capital Flows: Evidence from Latin America
Caporale, Guglielmo Maria; Girardi, Alessandro - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
This paper adopts a flexible framework to assess both short- and long-run business cycle linkages between six Latin American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the period 1980:I-2011:IV. The result indicate that within...
Persistent link: https://www.econbiz.de/10010592915
Cover Image
Cross-Section Dependence and the Monetary Exchange Rate Model: A Panel Analysis
Beckmann, Joscha; Belke, Ansgar; Dobnik, Frauke - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
This paper tackles the issue of cross-section dependence for the monetary exchange rate model in the presence of unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we distinguish between common factors and idiosyncratic...
Persistent link: https://www.econbiz.de/10009003457
Cover Image
Does the Nominal Exchange Rate Regime Affect the Long Run Properties of Real Exchange Rates?
Dreger, Christian; Girardin, Eric - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
This paper examines whether the behaviour of the real exchange rate is associated with a particular regime for the nominal exchange rate, like fixed and flexible exchange rate arrangements. The analysis is based on 16 annual real exchange rates and covers a long time span, 1870-2006. Four...
Persistent link: https://www.econbiz.de/10004963762
Cover Image
Chinese Renewable Energy Technology Exports: The Role of Policy, Innovation and Markets
Cao, Jing; Groba, Felix - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
examines the development of solar PV and wind energy technology component (WETC) exports from China and the competitive …, which may drive export performance. We aim at empirically identifying determinants of Chinese solar PV and WETC exports. We …. We show that trade costs have a negative impact on exports of solar PV components but not WETC. Additionally, we find a …
Persistent link: https://www.econbiz.de/10010603558
Cover Image
On the Linkages between Stock Prices and Exchange Rates: Evidence from the Banking Crisis of 2007-2010
Caporale, Guglielmo Maria; Hunter, John; Ali, Faek Menla - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
This study examines the nature of the linkages between stock market prices and exchange rates in six advanced economies, namely the US, the UK, Canada, Japan, the euro area, and Switzerland, using data on the banking crisis between 2007 and 2010. Bivariate GARCH-BEKK models are estimated...
Persistent link: https://www.econbiz.de/10010635677
Cover Image
The Polish Zloty and Currency Speculation
Fic, Tatiana - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002
This paper uses Markov switching models to study short-run movements of the Polish zloty and speculative phenomena in Poland, that is, to investigate whether the exchange rate is "contaminated" by a speculative bubble. The zloty movements are examined in terms of so-called long swings - periods...
Persistent link: https://www.econbiz.de/10004963691