Showing 1 - 10 of 427
Ergebnisse dieser Studien führten in den letzten Jahren zu der weitverbreiteten Meinung, dass Interventionen am Devisenmarkt kein … mit den Interventionserfahrungen von Emerging Markets. Geldpolitik in Emerging Markets zeichnet sich oftmals durch eine … über Notenbankinterventionen am Devisenmarkt näher zu bringen und neue Aspekte in Bezug auf Emerging Markets zu diskutieren …
Persistent link: https://www.econbiz.de/10009433706
einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte …
Persistent link: https://www.econbiz.de/10009433722
deal with the usefulness of such simple trend heuristics in real world. Only if simple trend heuristics lead to profits in … Heuristiken am Devisenmarkt zu untersuchen. Die Entscheidungssituation am Devisenmarkt kann aufgrund seiner Komplexität als ein … zukünftigen Wechselkurse bilden und dass der Devisenmarkt effizient ist. Insgesamt zeigen die eigenen empirischen Untersuchungen …
Persistent link: https://www.econbiz.de/10009433679
The first essay formulates a dynamic rational contagion model in order toanalyse the evolution of speculative bubbles. The model consists of two laws ofmotion: the speculative bubble and the probability of the bubble. The rst essayshows that the model has two stable equilibria and one unstable...
Persistent link: https://www.econbiz.de/10009481284
The risk premium has risen sharply in the nation's financial markets. This is the message to be drawn from the significant rise in interest rates in recent days -- notwithstanding a stagnant economy, slowing inflation, and credit demands which, overall, are only moderate. The economy is clearly...
Persistent link: https://www.econbiz.de/10009483079
La literatura teórica de modelos de curva de tipos enfatiza la importancia de la absorción de riesgo de duración esperada durante la vida residual de los bonos para entender el efecto de las compras de activos de los bancos centrales sobre las curvas de tipos. Motivados por esto, construimos...
Persistent link: https://www.econbiz.de/10013482139
La literatura teórica de modelos de curva de tipos enfatiza la importancia de la absorción de riesgo de duración esperada durante la vida residual de los bonos para entender el efecto de las compras de activos de los bancos centrales sobre las curvas de tipos. Motivados por esto, construimos...
Persistent link: https://www.econbiz.de/10013523637
Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...
Persistent link: https://www.econbiz.de/10009457744
Monetary policy's weight in macroeconomic policy has increased over the past years, especially with the liberalization of financial markets and development of new financial instruments. With this new global economy, the gap between countries has become wider, and the less developed are...
Persistent link: https://www.econbiz.de/10009460826
An f-percent filter rule in a foreign exchange market calls for buying a foreign currency when its price has risen by f percent above a trough and holding until its price has fallen f percent from a peak. If the foreign exchange rate following a random walk, this is an unprofitable strategy....
Persistent link: https://www.econbiz.de/10009430701