Similar Search Results

Linkages between Stock Prices and Exchange Rates in the EU and the United States

Stavarek, Daniel - EconWPA - 2004

This paper investigates the nature of the causal relationship between stock prices and effective exchange rates in four old EU-member countries (Austria, France, Germany, and the UK), four new EU-member countries (Czech Republic, Hungary, Poland, and Slovakia) and in the USA. Both the long-run...

Persistent link: https://www.econbiz.de/10005134673

Monetary Conditions and Stock Returns: A South African Case Study

Coetzee, Clive - EconWPA - 2002

Extensive research on the linkages between monetary conditions and stock returns has been conducted in developed countries. This is in sharp contrast to the situation in developing countries. This paper therefore aims to study the long believed asymmetrical relationship between changes in...

Persistent link: https://www.econbiz.de/10005413129

Modelling International Bond Markets with Affine Term Structure Models

Mosburger, Georg; Schneider, Paul - EconWPA - 2005

This paper investigates the performance of international affine term structure models (ATSMs) that are driven by a mutual set of global state variables. We discuss which mixture of Gaussian and square root processes is best suited for modelling international bond markets. We derive necessary...

Persistent link: https://www.econbiz.de/10005134688

Education, incomes, poverty and inequality in Ghana in the 1990s

Teal, Francis - EconWPA - 2004

consumption and incomes grew in Ghana in the 1990s. Second, we ask how much of the rise in incomes was due to rises in the level …

Persistent link: https://www.econbiz.de/10005407717

Books, Buildings and Learning Outcomes: an impact evaluation of World Bank assistance to basic education in Ghana

White, Howard; Masset, Edoardo - EconWPA - 2005

This paper demonstrates that the delivery of hardware inputs to Ghana’s basic education system – building classrooms …’s support for school building has been a major factor behind Ghana being on track to achieve the Millennium Development Goal of … that little learning can take place. Special attention needs to be paid to these least-privileged schools if Ghana is to …

Persistent link: https://www.econbiz.de/10005407725

Rational and Biased Trust

Barr, Abigail - EconWPA - 2004

This paper investigates whether expectations of trustworthiness and resulting acts of trust accord with an objective model of trustworthiness or are biased. Combining experimental and survey data, I find that Ghanaian workers appropriately take account of the religiousness of trustees, but...

Persistent link: https://www.econbiz.de/10005118769

The Liquidity Effect: Identifying Permanent and Transitory Components of Money Growth

Crowder, William J. - EconWPA - 1997

One strand of the recent literature on the monetary transmission process has focued upon the weak empirical evidence of a liquidity effect in the U.S. This study uses structural VAR methods to reexamine the liquidity effect.

Persistent link: https://www.econbiz.de/10005076847

Equity Returns and Inflation: The Puzzlingly Long Lags

Lothian, James R.; McCarthy, Cornelia H.. - EconWPA - 2001

This paper examines data for stock prices and price levels of 14 developed countries during the post-WWII era and compares their behavior in that sample with behavior over the past two centuries in the UK and the US. Contrary to much of the literature of the past several decades, we find that...

Persistent link: https://www.econbiz.de/10005124935

Integration or Segmentation of Malaysian Equity Market: An Analysis of Pre- and Post- Capital Controls

Ibrahim, Mansor H. - EconWPA - 2004

The paper implements time series techniques of cointegration and vector autoregression (VAR) to assess the integration …

Persistent link: https://www.econbiz.de/10005125066

THE FRENCH-GERMAN INTEREST RATE DIFFERENTIAL SINCE GERMAN

Henry, Jerome; Weidmann, Jens - EconWPA - 2005

We investigate the consequences of the 1992-1993 EMS crises, which resulted in the widening of the exchange rate bands, on the long-run linkages between the daily 1-month-Eurorates on German Mark, US-Dollar and French Franc. First, within a Gaussian VAR, both the US Eurorate and the...

Persistent link: https://www.econbiz.de/10005125545

1
2
3
4
5
6
7
8
9
10
Next
Last