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Persistent link: https://www.econbiz.de/10011989619
This dissertation studies the relationship between exchange rate regimes and financing decisions of corporations in small open economies with access to international capital markets.The first essay develops a model of the choice between local and foreign currency debt by capital-constrained...
Persistent link: https://www.econbiz.de/10009477298
The three papers that comprise my dissertation study international asset markets. The first paper “What Do We Learn from the Price of Crude Oil Futures?” shows that, despite their widespread use, oil futures prices are less accurate in the mean-squared error sense than no-change forecasts....
Persistent link: https://www.econbiz.de/10009477330
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study evaluates within a game-theoretic framework the exchange rate regime from a welfare perspective. In a tradable-nontradable goods model framework, Tunisia’s exchange rate regime...
Persistent link: https://www.econbiz.de/10009477444
Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we analyze recent developments in the volatility of exchange rates of the Central European countries (the Visegrad Group) and a selected group of European Union countries (the...
Persistent link: https://www.econbiz.de/10009477538
This paper analyzes the behaviour of the external adjustment path for the four main economies in the euro area. I find a structural break in the behaviour of the net external position at the time of the introduction of the euro for France, Italy and Spain, pointing out that the inception of the...
Persistent link: https://www.econbiz.de/10012523685
Este trabajo analiza la relación entre la posición externa neta de Estados Unidos y el régimen de tipo de cambio. Se detecta una ruptura estructural en la posición externa neta de Estados Unidos al final del sistema de tipo de cambio fijo de Bretton Woods, que modificó tanto la media como...
Persistent link: https://www.econbiz.de/10012530556
that local companies are having to face as well as general factors affecting companies all around the world. These factors …
Persistent link: https://www.econbiz.de/10009459251
utilize ocean freight services for their export needs, the study asked shipping lines for their heaviest used export routes …
Persistent link: https://www.econbiz.de/10009484529
which takes into accountchanges in export and domestic demand and market clearing price. It optimizes the supply of … already have significant income effects to agriculturalproducers. We simulated effects of pig meat export bans of different … degrees due to livestockepidemics. Full closure of export markets for six months cost pig sector €21 million. …
Persistent link: https://www.econbiz.de/10009443254