Showing 1 - 10 of 28,692
-run monetary model, we calculate misalignment from the estimated long-run relationship to evaluate whether the lira was overvalued … before the eve of the 2001 financial crisis in Turkey. Calculated misalignment shows a substantial overvaluation of the lira …
Persistent link: https://www.econbiz.de/10008495699
This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With …, external openness, capital flows and government expenditure. The MSM correctly captures exchange rate misalignment as distinct …
Persistent link: https://www.econbiz.de/10012440315
The optimal currency for a country is an important topic. While it is difficult to identify the best option overall, for all stakeholders and including political considerations, it is easier to answer the more limited question of the title: Which currency is best for business in a small country?...
Persistent link: https://www.econbiz.de/10011695417
While most macroeconomic indicators, analyzed on a longer period of time, may indicate the "health" of an economy, the exchange rate evolution reveals, generally, the increase or decrease, non seldom brutal, of the "temperature" of an economy. Thus, the analysis of the exchange rates evolution...
Persistent link: https://www.econbiz.de/10008764570
This paper applies cDCC model to compare the dynamic correlations between oil prices and exchange rates of G20 members. The significant shifts in the correlations are then endogenously detected. For each pair of oil price-exchange rate, empirical evidence confirms of a strengthening negative...
Persistent link: https://www.econbiz.de/10010906353
My research paper aims at analyzing the relationship which exists between macroeconomic situation and the indicators that measure the quality of the credits in the Albanian bank system for the period 2002-2010. The results of the research work have proved the raised hypothesis that the...
Persistent link: https://www.econbiz.de/10010542301
The optimal currency for a country is an important topic. While it is difficult to identify the best option overall, for all stakeholders and including political considerations, it is easier to answer the more limited question of the title: Which currency is best for business in a small country?...
Persistent link: https://www.econbiz.de/10011984742
Der vorliegende Artikel liefert einen systematischen Überblick über die Ergebnisse empirischer Studien zu den Auswirkungen der Quantitativen Lockerung als einer unkonventionellen geldpolitischen Maßnahme auf das heimische Zinsniveau sowie auf die internationalen Zinsbeziehungen. Aufbauend auf...
Persistent link: https://www.econbiz.de/10014523155
This paper examines the monetary model of exchange rate determination for the US dollar exchange rates against the currencies of Canada, Japan, and the United Kingdom. In this paper, we utilize the cointegration technique for testing long-run relationship, and vector error correction model for...
Persistent link: https://www.econbiz.de/10009392017
news and communication along with the estimated exchange rate misalignment on the exchange rate as well as its volatility …
Persistent link: https://www.econbiz.de/10011040291