Showing 1 - 10 of 81
This paper investigates comovements between the United States and Australia. Our nonlinear model allows the dynamic response to shocks to differ if countries are in recession. Generalised Impulse Response Functions highlight a significant asymmetric response to positive and negative shocks.
Persistent link: https://www.econbiz.de/10005574840
The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.
Persistent link: https://www.econbiz.de/10009319335
This paper estimated the pass-through effects of yuan’s exchange rates on prices of the US and Japanese imports from the People’s Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a 0.23% increase in prices of the US imports...
Persistent link: https://www.econbiz.de/10008694256
The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a situation is a far cry from the optimism and grand vision that marked its launch. This...
Persistent link: https://www.econbiz.de/10009493971
This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought into equality with their international payments. The model is capable of being explicitly solved...
Persistent link: https://www.econbiz.de/10004964285
Parity holds (6) There is no risk in foreign exchange (7) Volatile exchange rates are harmful to trade (8) Depreciating …
Persistent link: https://www.econbiz.de/10005231957
This paper seeks to examine the efficiency of the Australian foreign exchange market by using methods of cointegration and spectral analysis. Uncovered interest rate differentials for five countries namely the US, UK, Japan, Malaysia and Singapore are examined with Australia as the 'home'...
Persistent link: https://www.econbiz.de/10005392571
Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, and of monetary policy institutions. The survey brings out the growing links between money and FX...
Persistent link: https://www.econbiz.de/10005077865
This paper explores issues relating to informal trade in the SAARC region. It spells out the reasons underpinning … illegal trade in the South Asian region. Further it focuses on the estimated size and composition of informal trade in the … region and highlights its relationship to formal trade. The study examines the modalities under which such trade prospers. It …
Persistent link: https://www.econbiz.de/10008511376
crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trade regulations. [IFPRI Brief No.13] …
Persistent link: https://www.econbiz.de/10008512469