Showing 1 - 10 of 19,112
-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the …
Persistent link: https://www.econbiz.de/10010325561
disturbancedensities) are investigated in relation to the hedging decision strategies.Consequently, we can make a distinction between …
Persistent link: https://www.econbiz.de/10010324426
densities) areinvestigated in relation to the hedging strategies. Consequently, we can make adistinctionbetween statistical …
Persistent link: https://www.econbiz.de/10010324963
The ratio of pension assets to GDP in Denmark is the highest among OECD countries. Danish pension funds invest more … financial instruments. We study the currency hedging behaviour of the Danish pension sector and show that it differs with … respect to exposures in dollar and euro, given Denmark's fixed exchange rate against the euro. Additionally, we find a …
Persistent link: https://www.econbiz.de/10014564104
rate adjustments. The formulation is theory-based, relying on balance of payments equilibrium conditions and international …
Persistent link: https://www.econbiz.de/10011942779
-entrance in January 2001 this paper develops a rigorous estimation procedure. The estimates provide statistical evidence of … increased central bank intervention activities in the run-up to the Greek EMU entrance. Thus the modelling and estimation …
Persistent link: https://www.econbiz.de/10010295399
We perform a comprehensive analysis of the stepping-stone effect of temporary agency employment on unemployed workers. Using the timing-of-events approach, we not only investigate whether agency employment is a bridge into regular em-ployment but also analyze its effect on post-unemployment...
Persistent link: https://www.econbiz.de/10010281839
I present empirical results on the contribution of three key drivers of inflation in Denmark: an inflation trend …
Persistent link: https://www.econbiz.de/10014563915
This paper re-investigates the implications of monetary policy rules on changes in exchange rate, in a risk-adjusted, uncovered interest parity model with unrestricted parameters, emphasizing the importance of modeling market expectations of monetary policy. I use consensus forecasts as a proxy...
Persistent link: https://www.econbiz.de/10010305998
Market analysts and central banks often use the implied volatility of FX options as an indicator of expected exchange rate uncertainty. The aim of our study is to investigate the limits of this statistic. We present some key factors that may deviate the value of implied volatility from the...
Persistent link: https://www.econbiz.de/10010322417