effect of orthogonalization is more pronounced for exposure to currency indices. We also test symmetry in exchange rate …

, the largest financial market in the world. Whilst the market itself is not new, the concept of currency as an alternative … in foreign investing combined with record high levels of currency volatility raised the importance and immediacy of … foreign exchange risk. This dissertation applies several copulas to model the dependency between a chosen currency pair, and …

of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the … "outs" to fulfill the convergence criteria, and whether in this case "ins" open the door for the "outs" to enter the euro … of the Central and Eastern European accession countries to the euro area. In order to overcome these pitfalls the author …

world economy. Risk perception depends on the GDP growth. If the world GDP was growing – the euro became stronger, if the … world economy was slugging – the dollar became stronger. The US dollar has a safe currency status. Based on the research …Bakalauro baigiamajame darbe nagrinėjamas euro ir JAV dolerio kursas 1999-2011 metais ir jo perspektyvos. Pirmoje …

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 …

The banking and currency crises of the last two decades inflictedsubstantial financial, economic, and social damage on … eventsis evaluated. An analysis of the traditional and recent literatureon currency crises is performed in order to extract …

determinants of the loan currency. Concerning the demand side, I find that firms are more likely to request EUR if they need larger … to grant such loans in local currency. On the supply side I find that the bank is more likely to switch the loan currency … depositors are willing to save and banks to lend long-term in local currency. Another topic that has received much attention from …

Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …

standard and international trade. The estimation results allow us to formulate some interesting policy conclusions. …