Narrow search
Showing 1 - 10 of 30
Cover Image
Evidence to the contrary: extreme weekly returns are underreactions
Fields, L. Paige (contributor);  … - 2004
The finding of reversals in weekly returns has been attributed to a combination of microstructure issues and …
Persistent link: https://www.econbiz.de/10009465092
Cover Image
CURRENT ACCOUNT ADJUSTMENTS IN SELECTED TRANSITION COUNTRIES
Aristovnik, Aleksander - 2006
- 2003 period. The analysis focuses on three important aspects of these current account reversals: a) to examine those … factors that might have triggered the reversals and to provide some insights into the current account adjustment process; b … reversals on economic growth in the region. Results suggest that restrictively defined reversals seem to be closely related to …
Persistent link: https://www.econbiz.de/10009477246
Cover Image
Fiscal expansions under flexible exchange rates and in a monetary union: the interplay of biased preferences and pricing-to-market
Pitterle, Ingo - 2005
Since the 1960s, the field of open economy macroeconomics has been largely dominated by the Mundell-Fleming model and its perfect-foresight extension of Dornbusch (1976). When dealing with classical issues of international macroeconomics, including for instance the international transmission of...
Persistent link: https://www.econbiz.de/10009475325
Cover Image
Exchange Rate Regime and Financing Policies of the Corporate Sector in Small Open Economies.
Berrospide, Jose M. - 2007
This dissertation studies the relationship between exchange rate regimes and financing decisions of corporations in small open economies with access to international capital markets.The first essay develops a model of the choice between local and foreign currency debt by capital-constrained...
Persistent link: https://www.econbiz.de/10009477298
Cover Image
Modeling International Asset Markets
Alquist, Ron - 2008
The three papers that comprise my dissertation study international asset markets. The first paper “What Do We Learn from the Price of Crude Oil Futures?” shows that, despite their widespread use, oil futures prices are less accurate in the mean-squared error sense than no-change forecasts....
Persistent link: https://www.econbiz.de/10009477330
Cover Image
CAPITAL ACCOUNT LIBERALIZATION AND EXCHANGE RATE REGIME CHOICE, WHAT SCOPE FOR FLEXIBILITY IN TUNISIA?
Sami, Ben Ali Mohamed - 2006
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study evaluates within a game-theoretic framework the exchange rate regime from a welfare perspective. In a tradable-nontradable goods model framework, Tunisia’s exchange rate regime...
Persistent link: https://www.econbiz.de/10009477444
Cover Image
Exchange Rate Regimes and Volatility: Comparison of the Snake and Visegrad
Valachy, Juraj; Ko?enda, Evžen - 2003
Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we analyze recent developments in the volatility of exchange rates of the Central European countries (the Visegrad Group) and a selected group of European Union countries (the...
Persistent link: https://www.econbiz.de/10009477538
Cover Image
HOME CURRENCY PEGGED INTO EURO – POSSIBLE SOLUTION FOR ROMANIAN’S ECONOMY
Mosteanu, Narcisa Roxana - 2017
The stable exchange rate is very important in international trade. This paper aims to show how exchange rate facilitates the economic growth and all economic conditions of a country, within the time 2008 – 2016. This paper is aimed to be unique because will study the effect of exchange rate on...
Persistent link: https://www.econbiz.de/10011716413
Cover Image
External adjustment with a common currency: the case of the euro area
Fuertes Mendoza, Alberto
This paper analyzes the behaviour of the external adjustment path for the four main economies in the euro area. I find a structural break in the behaviour of the net external position at the time of the introduction of the euro for France, Italy and Spain, pointing out that the inception of the...
Persistent link: https://www.econbiz.de/10012523685