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Der Beitrag beleuchtet im Rahmen einer Event-Studie für Deutschland, Großbritannien, Japan und die Vereinigten Staaten …
Persistent link: https://www.econbiz.de/10003381005
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
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, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, the UK, and the US. The results are based …
Persistent link: https://www.econbiz.de/10011514127
We examine the poverty rates and the income configurations among Japan and the LIS countries. The LIS countries are … Germany, Italy, the UK, Denmark, the US, and Taiwan. We divide household including elderly into five types: living alone … decreasing recently in Japan. In Japan and Taiwan even in households cohabiting with children, the poverty rates and income …
Persistent link: https://www.econbiz.de/10003749008
"If there is no priced risk--including volatility risk--associated with hedging an option, then expected delta hedging errors should be zero. This paper finds that delta hedging errors of a synthetic at-the-money call option on foreign exchange futures are significantly positive and cannot be...
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Ziel dieses Aufsatzes ist es, die Wirksamkeit von Devisenmarktinterventionen im Lichte eines neuen Wechselkursmodells zu bewerten. Dabei steht nicht die Beeinflussung von Fundamentalfaktoren im Vordergrund, sondern die Koordination heterogener Erwartungen unter den Devisenmarktakteuren, die zu...
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