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Azerbaijan over 2002-2013. The dealership model of Ho and Saunders is applied, supplemented by market structure and macroeconomic … environment variables, to assess the extent to which high spreads of banks in Azerbaijan can be related to bank-specific variables …
Persistent link: https://www.econbiz.de/10014411378
The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development … macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate …
Persistent link: https://www.econbiz.de/10014395127
This Selected Issues reviews economic development in Azerbaijan during 1995–99. The Azerbaijan authorities began to …
Persistent link: https://www.econbiz.de/10014398619
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This paper proposes a theoretical model that combines a present value model of the exchange rate with a variance-belief formation model to investigate the relationship between macroeconomic uncertainty and the exchange rate. The model emphasizes the risk premium as its core and incorporates...
Persistent link: https://www.econbiz.de/10014346695
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