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This book looks at the PPP persistence puzzle, and econometric aspects of exchange rate dynamics and their implications. It also explores the importance of exchange rate dynamics in the pass-through effects (PTE) and the econometric aspects of the exchange rates dynamics linked to structural...
Persistent link: https://www.econbiz.de/10012054166
prices, international allocations of world investment across countries, and underlying terms of trade changes. Unanticipated … States. The history of world monetary policy is reviewed along with the determination of real exchange rates within the Euro …
Persistent link: https://www.econbiz.de/10013521314
recent advances in the theory and modelling of international finance. It includes some discussion of the empirical testing of … International Monetary System -- International Liquidity, and Xeno-Markets -- Current Problems …
Persistent link: https://www.econbiz.de/10012397997
Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modeling -- Economic Integration, Technological Progress and Growth -- Impact of the Real Exchange Rate on Trade, Structural Change and Growth -- Macroeconomic Aspects of...
Persistent link: https://www.econbiz.de/10014015399
Characteristics of the Digital Economy -- Digitalization -- Economic Theory -- Theoretical Foundations -- Networks in a … -- Integrating Theory and Policy -- Summary -- Appendices … goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to …
Persistent link: https://www.econbiz.de/10013522801
Preface -- 1 Introduction -- 2 The Theory of Trade Agreements and Economic Integration, Size of Economics, Trade Costs …
Persistent link: https://www.econbiz.de/10014016012
Integrated Volatility -- Zero-inflated Data Generation Processes -- Algorithmic Text Forecasting. …-by-tick asset prices to forecast the risk of upcoming volatility shocks. Holger Kömm embeds the proposed strategy in a monitoring … system, using first, a sequence of competing estimators to compute the unobservable volatility; second, a new two …
Persistent link: https://www.econbiz.de/10014018810
Charakteristisch für Emerging Markets sind hohe Aktienrenditen und eine geringe Korrelation mit den Aktienrenditen der entwickelten Märkte, so dass durch Diversifikation der Investmentanlagen eine Verringerung des Portfoliorisikos erreicht werden kann. Die zunehmende Integration...
Persistent link: https://www.econbiz.de/10013517438
fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from … deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in …
Persistent link: https://www.econbiz.de/10013520531
This book presents methodologies for the Bayesian estimation of GARCH models and their application to financial risk management. The study of these models from a Bayesian viewpoint is relatively recent and can be considered very promising due to the advantages of the Bayesian approach, in...
Persistent link: https://www.econbiz.de/10013520959