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Ergebnisse dieser Studien führten in den letzten Jahren zu der weitverbreiteten Meinung, dass Interventionen am Devisenmarkt kein … über Notenbankinterventionen am Devisenmarkt näher zu bringen und neue Aspekte in Bezug auf Emerging Markets zu diskutieren …. Der Kernpunkt befasst sich mit der Frage, warum Notenbanken in Emerging Markets am Devisenmarkt intervenieren und ob diese …
Persistent link: https://www.econbiz.de/10009433706
unvermeidlich in einer Währungskrise. Die Theorie bezieht sich demnach klar auf das externe Gleichgewicht am Devisenmarkt …
Persistent link: https://www.econbiz.de/10009433694
rates at a given future date triggers a reduction in exchange rate volatility during the interim period. Using a Markov …-switching GARCH model this paper estimates the volatility processes of four EMU exchange rate returns vis-à-vis the German mark using …
Persistent link: https://www.econbiz.de/10009442403
volatility on foreign exchange markets. Starting point is the market participant's microeconomic investment decision, which is … trading volume and volatility on foreign exchange markets. We apply various two-country-models with representative market …
Persistent link: https://www.econbiz.de/10009471738
into volatility persistence in stock returns. In part two, I show that the introduction of continuous trading on the WSE is … volatility on days after limit hits and positive autocorrelation in stock returns. I do not find significant advantages of this …
Persistent link: https://www.econbiz.de/10009460735
This paper examines the impact of multinational trade accords on the degree of stock market linkage using NAFTA as a case study. Besides liberalizing trade among the U.S., Canada and Mexico, NAFTA has also sought to strengthen linkage among stock markets of these countries. If successful, this...
Persistent link: https://www.econbiz.de/10009447946
volatility of the underlying component stocks. Traditional finance theory asserts that futures and "cash" markets are connected … experience significant increase in both trading volume and return volatility. However, deleted stocks experience no significant … change in either trading volume or return volatility. Both daily and monthly return variances increase following index …
Persistent link: https://www.econbiz.de/10009475070
institutions in the United States and in Japan. While financial institutions affected corporate financial practices, the response …
Persistent link: https://www.econbiz.de/10009460570
Japan and South Korea during the period from November 2000 through March 2002 were due to increased competition from rival …
Persistent link: https://www.econbiz.de/10009429450
The determinants of interfirm trust are examined in 453 supplier automaker relationships in theU.S., Japan, and Korea … somedifferences across institutional environments, notably higher trust in Japan, the findings are robustacross the three … supplier trust in a sample ofsupplier/automaker relationships in the United States, Japan, and Korea. Given the recent …
Persistent link: https://www.econbiz.de/10009432810