Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10011448668
Persistent link: https://www.econbiz.de/10010517076
Persistent link: https://www.econbiz.de/10010517106
Persistent link: https://www.econbiz.de/10009234744
Persistent link: https://www.econbiz.de/10002156006
Persistent link: https://www.econbiz.de/10001580612
Persistent link: https://www.econbiz.de/10001411982
We re-examine the time-series evidence for failures of uncovered interest rate parity on short-term deposits for the U.S. dollar versus major currencies of developed countries at short-, medium- and long-horizons. The evidence that interest rate differentials predict foreign exchange risk...
Persistent link: https://www.econbiz.de/10012482636
As a share of GDP, the U.S. Federal debt held by the public exceeds 50 percent in FY2009, the highest debt ratio since 1955. Projections indicate the debt ratio may be in the 70-100 percent range within ten years. In many respects, the temptation to inflate away some of this debt burden is...
Persistent link: https://www.econbiz.de/10012463087
We develop a structural VAR in which an occasionally-binding constraint generates censoring of one of the dependent variables. Once the censoring mechanism is triggered, we allow some of the coefficients for the remaining variables to change. We show that a necessary condition for a unique...
Persistent link: https://www.econbiz.de/10012496125