, money base velocity, and the temporary component of the real exchange rate (TCRER) is estimated for Korea, Mexico, the …

, Poland, Russia, Slovakia, and Slovenia for the period 1994-1999 it is shown that historical values for interest rates …

This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted …

We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has … risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK … index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the …

the global currency market. However, exchange rate volatility patterns differ: Lower volatility is observed for the koruna … financial integration of the Czech Republic with Europe and early dollarization in Poland as a result of initial higher … reflected in the behavior of their implied volatility …

Using data for the major currencies from 1973 to 1994, we apply recent tests of asset price volatility to re … rate and of standard extensions that allow for sticky prices, sluggish money adjustment, and time-varying risk premia …. Consistent with previous evidence from regression-based tests, most of the models that we examine are rejected by our volatility …

volatility in determining a firm's debt currency composition, among other channels. Furthermore, the effect of exchange rate … volatility becomes statistically insignificant beyond an estimated threshold credit-to-GDP ratio of 100 percent …

standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …