Narrow search
Showing 1 - 10 of 16,373
Cover Image
Global food price volatility and spikes: An overview of costs, causes, and solutions
von Braun, Joachim; Tadesse, Getaw - 2012
from the supply side, biofuel production from the demand side, and speculation in commodity futures from the market side … speculation in commodity futures are not yet well understood. However, speculative trading in commodity futures should not be … nonmarket contexts that guide the behavioral and strategic choices of speculators. Whereas speculation caused by manipulative …
Persistent link: https://www.econbiz.de/10010323663
Cover Image
A General Financial Transaction Tax: A Short Cut of the Pros, the Cons and a Proposal
Schulmeister, Stephan - 2009
The idea of introducing a general financial transaction tax (FTT) has recently attracted rising attention. There are three reasons for this interest: First, the economic crisis was deepened by the instability of stock prices, exchange rates and commodity prices. This instability might be...
Persistent link: https://www.econbiz.de/10011435269
Cover Image
Asset Price Fluctuations, Financial Crises and the Stabilizing Effects of a General Transaction Tax
Schulmeister, Stephan - 2009
The deepening of the recent crisis was driven by the simultaneous devaluation of stock wealth, housing wealth and commodity wealth. The potential for this devaluation process had been "built up" during the boom of stock prices, house prices and commodity prices between 2003 and 2007. Hence, this...
Persistent link: https://www.econbiz.de/10011435285
Cover Image
Speculation in Standard Auctions with Resale
Garratt, Rod; Tröger, Thomas - 2005
In standard auctions with symmetric, independent private value bidders resale creates a role for a speculator - a bidder who is commonly known to have no use value for the good on sale. For second-price and English auctions the efficient value-bidding equilibrium coexists with a continuum of...
Persistent link: https://www.econbiz.de/10010263133
Cover Image
Bubbles and Experience: An Experiment on Speculation
Dufwenberg, Martin; Lindqvist, Tobias; Moore, Evan - 2003
We investigate experimentally how the share of experienced traders in double-auction asset markets affects trading, in particular the occurrence of bubble-crash pricing patterns. In each session, six subjects trade in three successive market rounds and gain experience. In a fourth round,...
Persistent link: https://www.econbiz.de/10010320151
Cover Image
Risk, Policy Rules, and Noise: Rethinking Deviations from Uncovered Interest Parity
Mark, Nelson C.; Wu, Yangru - 1997
Persistent link: https://www.econbiz.de/10010324623
Cover Image
Cointegration in the foreign exchange market and market efficiency since the introduction of the Euro: Evidence based on bivariate cointegration analyses
Kühl, Michael - 2007
of the global foreign exchange market to the extent that the second most important currency in the world with the highest …
Persistent link: https://www.econbiz.de/10010300150
Cover Image
Cables, Sharks and Servers: Technology and the Geography of the Foreign Exchange Market
Eichengreen, Barry; Lafarguette, Romain; Mehl, Arnaud - 2016
global turnover of London, the world’s largest trading venue, by as much as one-third. …
Persistent link: https://www.econbiz.de/10011605934
Cover Image
Exchange rate forecasters' performance: Evidence of skill?
MacDonald, Ronald; Menkhoff, Lukas; Rebitzky, Rafael R. - 2009
This paper sheds new light on a long-standing puzzle in the international finance literature, namely, that exchange rate expectations appear inaccurate and even irrational. We find for a comprehensive dataset that individual forecasters' performance is skill-based. 'Superior' forecasters show...
Persistent link: https://www.econbiz.de/10010264610
Cover Image
Customer trading in the foreign exchange market empirical evidence from an internet trading platform
Lechner, Sandra; Nolte, Ingmar - 2007
This paper analyzes the relationship between currency price changes and their expectations. Currency price change expectations are derived with the help of different order flow measures, from the trading behavior of investors on OANDA FXTrade, which is an internet trading platform in the foreign...
Persistent link: https://www.econbiz.de/10010266950