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Back to gold: Sterling in 1925

Gerlach, Stefan; Kugler, Peter - 2015

Expectations of Sterling returning to Gold have been disregarded in empirical work on the US dollar - Sterling exchange …

Persistent link: https://www.econbiz.de/10011335449

Estimating the Effects of Exchange Rate Volatility on Export Volumes

Wang, Kai-Li; Barrett, Christopher B. - 2007

This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows by studying the case of Taiwan's exports to the United States from 1989-1998. In particular, we employ sectoral-level, monthly data and an innovative...

Persistent link: https://www.econbiz.de/10009445066

Foreign exchange interventions and their impact on expectations: Evidence from the USD/ILS options market

Hertrich, Markus; Nathan, Daniel - 2022

has affected the foreign value of the Israeli new shekel (ILS) and the expectations about its future value. We find that …

Persistent link: https://www.econbiz.de/10013272159

The high-frequency response of the EUR-US Dollar exchange rate to EBC monetary policy announcements

Conrad, Christian; Lamla, Michael J. - 2007

We investigate the impact of the European Central Bank's monetary policy announcements on the level and volatility of the EUR-US Dollar exchange rate employing an AR-FIGARCH specification. Using high-frequency data we estimate the individual and complementary effects of the release of the...

Persistent link: https://www.econbiz.de/10010277736

Models of Exchange Rate Expectations: Heterogeneous Evidence from Panel Data

Bénassy-Quéré, Agnès; Larribeau, Sophie; MacDonald, … - Centre d'études prospectives et d'informations … - 1999

Persistent link: https://www.econbiz.de/10005406535

Inferential Expectations

Menzies, Gordon; Zizzo, Daniel John - Finance Discipline Group, Business School - 2005

inferential expectations. If a belief is overturned through the build-up of evidence, agents are assumed to switch to the rational … expectation. Rational expectations are shown to be a special (limiting) case of inferential expectations, with the test size a … becoming a metric for rationality. When inferential expectations are built into a Dornbusch-style model of the exchange rate …

Persistent link: https://www.econbiz.de/10005041724

Market Expectations and Currency Crises: Theory and Empirics

Guimaraes, Bernardo - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005027229

Expectations and Exchange Rate Policy

Devereux, Michael B; Engel, Charles M - C.E.P.R. Discussion Papers - 2006

Both empirical evidence and theoretical discussion have long emphasized the impact of `news' on exchange rates. In most exchange rate models, the exchange rate acts as an asset price, and as such responds to news about future returns on assets. But the exchange rate also plays a role in...

Persistent link: https://www.econbiz.de/10005666551

Short-Run and Long-Run Expectationss of the Yen/Dollar Exchange Rate.

Ito, T. - Harvard Institute of Economic Research (HIER), … - 1993

Persistent link: https://www.econbiz.de/10005633679

SELF-FULLFILLING EXPECTATIONS, SPECULATIVE ATTACKS AND CAPITAL CONTROLS

DELLAS, H.; STOCKMAN, A.C. - University of Rochester - Center for Economic Research … - 1988

Persistent link: https://www.econbiz.de/10005698137