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the world's largest economies. I argue that the current market price of gold closely approximates the appropriate re …
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Iceland is a member of the IMF and of the WTO, a party to the European Economic Area Agreement, and a signatory of the OECD Code of Liberalisation of Capital Movements. Iceland is bound by Art. VIII IMF not to impose restrictions on current payments. Furthermore, under the GATS, Iceland cannot...
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In this paper, calendar seasonality patterns are examined from day-of-the-week effect across weekly patterns, monthly analysis and whole-year seasonal strategies such as Sell in May and Halloween effect. The analysis is done across six indices, DAX, MDAX, SDAX, Eurostoxx 50, Stoxx Europe Mid 200...
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History witnesses that despite monometalism and bimetallism dominated by gold and silver playing important role of money in the past, later adopted system of trimetalism with another less valuable metal such as copper serving as loose change replaced it as being more practical. It is surprising...
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Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the … collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general …
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