Showing 1 - 10 of 1,843
Persistent link: https://www.econbiz.de/10014334700
Verantwortung für eine einheitliche Geldpolitik im Euroraum. Während damit Nominalzinsunterschiede innerhalb der EWU praktisch der … gesamtwirtschaftlichen Produktion, die sich dadurch selbst auch erhöht. Aus der höheren Inflationsrate resultiert aber gleichzeitig eine … Wechselkurs der Länder divergiert somit stetig. Während also Realzinsdifferenzen zu einer dauerhaft unterschiedlichen Entwicklung …
Persistent link: https://www.econbiz.de/10011692537
This paper examines the effectiveness of the Taylor rule in contemporary times by investigating the exchange rate forecastability of selected four Organisation for Economic Co-operation and Development (OECD) member countries vis-à-vis the U.S. It employs various Taylor rule models with a...
Persistent link: https://www.econbiz.de/10013199831
This research aims to analyze the determinants of Foreign Direct Investment (FDI) in 31 Asian countries in 2002 - 2017. The determinant variables of FDI are political stability, inflation rate, trade openness, exchange rate, market size and interest rate. This study uses the Generalized Method...
Persistent link: https://www.econbiz.de/10014544555
The Taylor (1993) rule for determining interest rates is generalized to account for three additional variables: The money supply, money velocity, and the unemployment rate. Thus, five parameters, i.e. weights assigned to the deviation in the inflation rate, the deviation in real GDP (Gross...
Persistent link: https://www.econbiz.de/10014558406
, Einfluss auf die Inflationserwartungen zu nehmen und keine Kursänderung in Richtung restriktiver Geldpolitik. In diesem Sinn …
Persistent link: https://www.econbiz.de/10011692814
The study models the behaviour of the Central Bank of Nigeria. An extended Taylor's framework that accounted for exchange rate dynamics and political risk factors was adopted. In order to capture both ex-ante and ex-post behaviours of the monetary authority in the country, Markov-Switching...
Persistent link: https://www.econbiz.de/10014547759
The role of monetary policy in promoting economic growth remains empirically an open research question. This paper attempts to bridge the knowledge gap by investigating the impact of monetary policy on economic growth in Tanzania during the period from 1975 to 2013, using the autoregressive...
Persistent link: https://www.econbiz.de/10011995335
In recent years there has been a particular interest in the relation between exchange rates and interest rates both in developed countries and emerging countries. This is understandable given the important role that these variables have in determining the movement of nominal and real economic...
Persistent link: https://www.econbiz.de/10012217846
This paper analyses the validity of the weak-form market efficiency, using the random-walk hypothesis for the six industrial base metals - copper, aluminium, zinc, nickel, tin and lead - traded at the London Metal Exchange. I analyse the behaviour of daily and weekly prices of the daily rolling...
Persistent link: https://www.econbiz.de/10010290079