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Customer order flow - signed transaction volume between market makers and their customers - is a key concept in the microstructure approach to exchange rates. We attempt to explore what the data tells us about the role of customer order flow in the market for Hungarian forint, using the standard...
Persistent link: https://www.econbiz.de/10010322425
This paper adds a fresh angle to the on-going debate on the potential negative employment effect of environmental policy by bringing to the fore a key factor that directly regulates its magnitude: the elasticity of substitution between labor and energy. Using firm-level data from the French...
Persistent link: https://www.econbiz.de/10012669278
China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …
Persistent link: https://www.econbiz.de/10010297476
For creditor countries on the periphery of the dollar standard such as China with current account surpluses, foreign … the (incipient) deflation that China now faces. It could create a zero-interest liquidity trap in financial markets that …
Persistent link: https://www.econbiz.de/10010297543
gegenüber dem US-Dollar fundamental unterbewertet sei. Der Forderung, die heimische Währung deutlich aufzuwerten, hat sich China …
Persistent link: https://www.econbiz.de/10011602239
potentially subsidized capital allocation in China the real yuan/dollar rate is undervalued. This has caused -both in China and …
Persistent link: https://www.econbiz.de/10010275052
.e. exchange rate and price of stock market in China and also to determine if there is a interrelation between the two. Monthly …
Persistent link: https://www.econbiz.de/10012657547
On 11-12 May 2011, SUERF and the Belgian Financial Forum, in association with the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) organized the 29th SUERF Colloquium “New Paradigms in Money and Finance?” All the papers in the present SUERF Study are based on...
Persistent link: https://www.econbiz.de/10011689952
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