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Impact of Per Capita Income on Exchange Rate with Regression Tool
Khan, Muhammad Asim - 2010
In this article we test the relationship between per capita income differential and exchange rate differential between two different economic background countries. Recent researches have been done on the testing of international Fisher effect, Interest rate, GDP growth rate and purchasing power...
Persistent link: https://www.econbiz.de/10013136531
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Multi-dimensional monetary policy shocks based on heteroscedasticity
Burri, Marc; Kaufmann, Daniel - 2024
We propose a two-step approach to estimate multi-dimensional monetary policy shocks and their causal effects requiring only daily financial market data and policy events. First, we combine a heteroscedasticity-based identification scheme with recursive zero restrictions along the term structure...
Persistent link: https://www.econbiz.de/10015052047
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How Does Abrupt Economic Shock Impact Exchange Rate Movement : Empirical Evidences from Bangladesh
Hasan, Kazi - 2016
The primary focus of this research is to study the impact of Foreign Exchange Reserve changes on key economic indicators, namely Inflation and the Exchange Rate of Bangladesh. In addition, the article seeks to illustrate the effects of recent theft from Bangladesh Bank's reserve on Bangladeshi...
Persistent link: https://www.econbiz.de/10012980159
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Supply-Side Effects of Exchange Rate, Exchange Rate Expectations and Induced Currency Depreciation
Ali, Syed Zahid - 2010
This paper examines the repercussions of induced currency depreciation in a small open economy. The results presented in this paper are based on a model which has firmer microeconomics foundation and that takes into account both the supply side and demand side effects of exchange rate...
Persistent link: https://www.econbiz.de/10013136235
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The portfolio theory of inflation and policy (in)effectiveness
Bossone, Biagio - 2019
The analysis of open macroeconomies typically assumes (implicitly or explicitly) that resource allocation decisions are taken by domestic agents. The Portfolio Theory of Inflation (PTI) developed in this study assumes that some critical allocation decisions are taken by global investors and...
Persistent link: https://www.econbiz.de/10012012446
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The portfolio theory of inflation (and policy effectiveness)
Bossone, Biagio - 2019
The Portfolio Theory of Inflation (PIT) proposed in this study investigates the role of global financial markets in determining the effectiveness of macroeconomic policy in open and fully financial integrated economies. The PIT adopts a modified version of the portfolio balance approach to...
Persistent link: https://www.econbiz.de/10011993031
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The influence of global financial liquidity on the Indonesian economy : dynamic analysis with threshold VAR
Ekananda, Mahjus; Suryanto, Tulus - In: Economies : open access journal 9 (2021) 4, pp. 1-20
in differences in Indonesia's economic responses due to the shock of world economic variables. The findings generated by … global contagion literature on Indonesia's economy focuses only on the effects of real shock (on output) due to financial … shock. We assert that the effect of global output on Indonesia macroeconomic conditions is a fairly relevant issue to be …
Persistent link: https://www.econbiz.de/10012799838
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Exchange rates and monetary spillovers
Plantin, Guillaume; Shin, Hyun Song - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 2, pp. 637-666
When do flexible exchange rates prevent monetary and financial conditions from spilling over across currencies? We examine a model in which international investors strategically supply capital to a small inflation-targeting economy with flexible exchange rates. For some combination of...
Persistent link: https://www.econbiz.de/10011856706
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What drives long-term interest rates? : evidence from the entire Swiss franc history 1852-2020
Hauzenberger, Niko; Kaufmann, Daniel; Stuart, Rebecca; … - 2022
decline in the level of inflation. Comparing Switzerland with the rest of the world, we show that while Swiss real interest … rates were higher during the 19th century, the pattern reversed after World War 2 with Swiss nominal and real rates becoming …
Persistent link: https://www.econbiz.de/10013175583
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Essays in international macroeconomics
Scholl, Almuth - 2006
Persistent link: https://www.econbiz.de/10003315521