Showing 1 - 10 of 2,363
Persistent link: https://www.econbiz.de/10003645209
setting is used to estimate the intra-day trend in the Euro/U.S. Dollar exchange rate. …
Persistent link: https://www.econbiz.de/10011374428
EURO's will be more stable than thecurrent demand for national currencies. In policy circles this seeminglymoderating …
Persistent link: https://www.econbiz.de/10011299992
To study the effect of the euro on international goods trade one typically estimates a panel model for the level of … euro is only present at the end of the sample, this may have led to an upward bias in existing euro estimates to help … have different effects across country-pairs. Data on industrialized countries over 1967-2002 show the existing euro effects …
Persistent link: https://www.econbiz.de/10011334328
A major economic reason for the introduction of the euro was its supposedly positive effect on intra-EMU trade …. Existing studies examine this suspicion indirectly using non-EMU data and report ambiguous results. We estimate the euro … euro has significantly increased trade, with an effect of 4% in the first year and cumulating to around 40% in the long …
Persistent link: https://www.econbiz.de/10011327839
Persistent link: https://www.econbiz.de/10000988075
We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various …-fitting from a shift away from uniform indexation. Those welfare shifts result from systematicredistribution of welfare rather than …
Persistent link: https://www.econbiz.de/10011382661
in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models …
Persistent link: https://www.econbiz.de/10011378229
, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using … formal decision to proceed with the euro was made in December 1996 and at the time of the actual introduction of the euro in …
Persistent link: https://www.econbiz.de/10011343243
In recent years fractionally differenced processes have received a great deal of attention due to its flexibility in financial applications with long memory. This paper considers a class of models generated by Gegenbauer polynomials, incorporating the long memory in stochastic volatility (SV)...
Persistent link: https://www.econbiz.de/10011483824