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. Based on Purchasing Power Parity (PPP) theory, the foreign exchange rate has to be adjusted with inflation rate; otherwise …, a gap will occur between the real exchange rate and fair exchange rate. Based on PPT theory, this study showed that the … theory, which adopt a short term and prospective approach, are more effective …
Persistent link: https://www.econbiz.de/10012910418
. Based on Purchasing Power Parity (PPP) theory, the foreign exchange rate has to be adjusted with inflation rate; otherwise …, a gap will occur between the real exchange rate and fair exchange rate. Based on PPT theory, this study showed that the … theory, which adopt a short term and prospective approach, are more effective …
Persistent link: https://www.econbiz.de/10012910557
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einzuschätzen, denn das Verhalten der Finanzmärkte lässt sich nicht mit der Efficient Market Hypothesis erklären. Inzwischen …
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Es ist das theoretische Ziel des Forschungsvorhabens, die Bestimmungsfaktoren der "monetäre Stabilität unter Unsicherheit" aus einer Vermögensmarktperspektive und aus einer handlungstheoretischen Perspektive zu erklären. Die im Vermögensmarktansatz bislang nicht explizierten...
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The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided. A discussion of its empirical caveats follows and some recent extensions of the standard model are evaluated in more detail. Second, a key...
Persistent link: https://www.econbiz.de/10010425874