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Vom Bancor zum Euro: Und weiter zum Intor?

Handler, Heinz - 2008

future of the world monetary system. The gold standard, the Keynes Plan and the White Plan are identified as the most … favourable experience made so far with the euro may be utilised for monetary integration in other parts of the world. The … furthers the idea of developing a single world currency. …

Persistent link: https://www.econbiz.de/10011435241

Profitability of Technical Currency Speculation. The Case of Yen-Dollar Trading 1976-2007

Schulmeister, Stephan - 2008

The paper investigates the profitability of 1,024 moving average and momentum models and their components in the yen-dollar market. It turns out that all models would have been profitable between 1976 and 2007. The models produce more single losses than single profits. At the same time, the size...

Persistent link: https://www.econbiz.de/10011435249

Aggregate Trading Behaviour of Technical Models and the Yen-Dollar Exchange Rate 1976-2007

Schulmeister, Stephan - 2008

The study analyses the interaction between the trading behaviour of 1,024 moving average and momentum models and the fluctuations of the yen-dollar exchange rate. I show first that these models would have exploited exchange rate trends quite profitably between 1976 and 2007. I then show that the...

Persistent link: https://www.econbiz.de/10011435250

Profitability of Technical Stock Trading: Has it Moved from Daily to Intraday Data?

Schulmeister, Stephan - 2008

This paper investigates how technical trading systems exploit the momentum and reversal effects in the S&P 500 spot and futures market. When based on daily data, the profitability of 2,580 technical models has steadily declined since 1960, and has been unprofitable since the early 1990s....

Persistent link: https://www.econbiz.de/10011435253

Strengthening the Resilience of an Economy. Strategies to Prevent another Crisis

Aiginger, Karl - 2009

The financial crisis has affected the real economy in stages yet nevertheless at an unexpected rate and with all regions being affected simultaneously. It advanced almost independently of the regions' exposure to the actual initial causes, among them the subprime crisis, innovative financial...

Persistent link: https://www.econbiz.de/10011435262

Tourism Forecasting: Accuracy of Alternative Econometric Models Revisited

Song, Haiyan; Smeral, Egon; Li, Gang; Chen, Jason L. - 2008

This study evaluates the forecasting accuracy of five alternative econometric models in the context of predicting the quarterly international tourism demand in 25 countries or country groupings. Tourism demand is measured in terms of tourist expenditure by inbound international visitors in a...

Persistent link: https://www.econbiz.de/10011435264

Passenger Car Use and Climate Change. Quantifying the Impacts of Technological Innovations Needed for Substantial CO2 Emission Reductions

Meyer, Ina; Scheffran, Jürgen - 2009

baseline car stock projections. The study adopts an international approach quantifying in total 11 world regions, thereby … same throughout world regions, following the American lifestyle of individual passenger vehicle demand. The models are …

Persistent link: https://www.econbiz.de/10011435266

A General Financial Transaction Tax: A Short Cut of the Pros, the Cons and a Proposal

Schulmeister, Stephan - 2009

The idea of introducing a general financial transaction tax (FTT) has recently attracted rising attention. There are three reasons for this interest: First, the economic crisis was deepened by the instability of stock prices, exchange rates and commodity prices. This instability might be...

Persistent link: https://www.econbiz.de/10011435269

The Great Recession vs. the Great Depression. Stylised Facts on Siblings that Were Given Different Foster Parents

Aiginger, Karl - 2009

This paper compares the depth of the recent crisis and the Great Depression. We use a new data set, namely seven activity indicators, to compare the drop in activity in industrialised countries. This is done under the assumption that the recent crisis levelled off in mid-2009 for production and...

Persistent link: https://www.econbiz.de/10011435273

Eine generelle Finanztransaktionssteuer: Konzept, Begründung, Auswirkungen

Schulmeister, Stephan - 2009

Initially this paper outlines the concept of a tax on all transactions to do with financial assets. It summarises the main arguments for and against such a tax. The next part documents the relevant empirical evidence necessary to be able to evaluate the arguments. In particular the development...

Persistent link: https://www.econbiz.de/10011435276