Showing 1 - 10 of 228
the near future is much more likely. The advent of a multi-reserve currency world is unlikely to have negative …
Persistent link: https://www.econbiz.de/10013046268
Survey data on a broad cross section of 17 currencies are used to determine whether the forward discount moves primarily in response to changes in expectations of depreciation, or in the risk premium. We find that changes in expected depreciation are quantitatively significant. However we also...
Persistent link: https://www.econbiz.de/10013226178
Persistent link: https://www.econbiz.de/10010253546
We estimate the impact of the extensity of macroprudential policies on the correlation of the policy interest rates between the center economies (CEs, i.e., the U.S., Japan, and the Euro area), and the peripheral economies (PHs). We find a more extensive implementation of macroprudential...
Persistent link: https://www.econbiz.de/10012941469
Persistent link: https://www.econbiz.de/10012302077
Persistent link: https://www.econbiz.de/10012134479
Persistent link: https://www.econbiz.de/10011711847
This paper tests if real and financial linkages between countries can explain why movements in the world's largest … between the world's 5 largest economies and about 40 other markets to decompose the cross-country factor loadings into: direct … to be the most important determinant of how movements in the world's largest markets affect financial markets around the …
Persistent link: https://www.econbiz.de/10012740019
We report findings from a survey of United States foreign exchange traders. Our results indicate that (i) technical trading best characterizes about 30% of traders, with this proportion rising from five years ago; (ii) news about macroeconomic variables is rapidly incorporated into exchange...
Persistent link: https://www.econbiz.de/10012743949