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15.012 Applied Macro- and International Economics, Spring 2002
Thurow, Lester - 2002
, inflation, interest rates, exchange rates and international trade. The course is divided into five parts: The first presents the …
Persistent link: https://www.econbiz.de/10009433297
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Exchange rate pass-through in the euro area and EU countries
Ortega Eslava, Eva; Osbat, Chiara - 2020
exchange rate movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across … counteract deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the … forecasting inflation. …
Persistent link: https://www.econbiz.de/10012523788
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Analisis Kausalitas Asumsi APBN Terhadap APBN Di Indonesia
Rosit, Harun - 2010
contribution of economic growth, inflation, exchange rates, SBI rates, international oil prices and Indonesia's oil production on … secondary data which are obtained from the economic growth, inflation, exchange rates, SBI rates, international oil prices and … growth, inflation, exchange rates, SBI rates, international oil prices and Indonesia's oil production at lag t-1. By using …
Persistent link: https://www.econbiz.de/10009464681
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The stability of money demand and monetary transmission mechanism in Thailand
Raksong, Saranya - 2010
The major objective of this thesis is to investigate whether there exists a stable long run and short run equilibrium relationship between real money balances (M1 or M2) and their determinants in Thailand. A cointegration analysis and the Vector Error Correction Model (VECM) are conducted on...
Persistent link: https://www.econbiz.de/10009434859
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The efficiency of currency markets : studies of volatility and speed of adjustment
Boulter, Terry - 2006
Whether or not currency markets may be regarded as efficient or not has been a hotly debated issue in the academic literature over recent decades. Economic theory would suggest that these markets should be efficient because they are apparently good examples of a perfectly competitive market...
Persistent link: https://www.econbiz.de/10009437792
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Stochastic modelling of financial time series with memory and multifractal scaling
Snguanyat, Ongorn - 2009
Financial processes may possess long memory and their probability densities may display heavy tails. Many models have been developed to deal with this tail behaviour, which reflects the jumps in the sample paths. On the other hand, the presence of long memory, which contradicts the efficient...
Persistent link: https://www.econbiz.de/10009437906
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Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting
Evans, Martin D.; Lyons, Richard K. - 2005
This paper compares the true, ex-ante forecasting performance of a micro-based model against both a standard macro model and a random walk. In contrast to existing literature, which is focused on longer horizon forecasting, we examine forecasting over horizons from one day to one month (the...
Persistent link: https://www.econbiz.de/10009440722
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Exchange rate volatility, monetary policy adjustment & price hysteresis
Adam, Christopher M. - 1991
Nominal exchange rate volatility has been greater than that of "fundamentals" supposed to establish the exchange rates. A major contribution to our understanding of this volatility was given by Rudiger Dornbusch in his 1976 paper "Expectations and Exchange Rate Dynamics", where stickiness of...
Persistent link: https://www.econbiz.de/10009441733
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A test of purchasing power parity: Asia Pacific and Latin America
Ho, Catherine S. F.; Ariff, Mohamed - 2009
Finding evidence of the theoretical relationship between exchange rate and inflation has been a difficult proposition …
Persistent link: https://www.econbiz.de/10009441758
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The role of non-parity fundamentals in exchange rate determination: Australia and the Asia Pacific region
Ariff, Mohamed; Ho, Catherine S. F. - 2008
This paper extends the literature by looking at the contribution of non-parity variables after extracting the impact of parity variables on exchange rates of Australia and the Asia Pacific countries. Exchange rates are examined using high- and low-frequency multi-country panel time series data...
Persistent link: https://www.econbiz.de/10009441762