Showing 1 - 10 of 25,198
Much of the debate around a potential British exit (Brexit) from the European Union has centred on the potential … macroeconomic impact. In this paper, we instead focus on understanding market expectations for price action around the Brexit … from 1.4877 to 1.3622. We contrast the behaviour of the GBPUSD option market in the run-up to the Brexit vote with that …
Persistent link: https://www.econbiz.de/10011688238
This paper uses currency option data from the BMF, the Commodities and Futures exchange in Sao Paulo, Brazil, to investigate market expectations on the Brazilian Real-U.S. dollar exchange rate from October 1994 through March 1999. Using options data, we derive implied probability density...
Persistent link: https://www.econbiz.de/10005021807
This Paper uses currency option data from the BMF, the Commodities and Futures exchange in Sao Paulo, Brazil, to investigate market expectations on the Brazilian Real-US dollar exchange rate from October 1994 through to March 1999. Using options data, we derive implied probability density...
Persistent link: https://www.econbiz.de/10005656384
This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the … prices and imply an aggregate exchange rate pass-through of 0:29. We estimate the Brexit vote increased consumer prices by 2 …
Persistent link: https://www.econbiz.de/10012179800
The Brexit vote precipitated the unravelling of the UK's membership of the world's deepest economic integration … agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed … and uncertainty shocks. Voting for Brexit had large negative effects on the UK economy between 2016 and 2019, leading to …
Persistent link: https://www.econbiz.de/10013177575
This paper investigates the short-run effects of the uncertainties brought along with the Brexit referendum on the … react to the uncertainties related to the Brexit referendum, export flows are more sensitive to this event. Consequently, I … find that the instable environment created by the Brexit referendum leads to lower intensive margin of Belgian exports to …
Persistent link: https://www.econbiz.de/10012606454
This paper studies the impact of political risk on exchange rates. We focus on the Brexit Referendum as it provides a …
Persistent link: https://www.econbiz.de/10012658407
The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration … agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed … and uncertainty shocks. Voting for Brexit had large negative effects on the UK economy between 2016 and 2019, leading to …
Persistent link: https://www.econbiz.de/10012806478
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate unexpectedly voted to leave the European Union, the value...
Persistent link: https://www.econbiz.de/10012022416
This paper investigates the short-run effects of the uncertainties brought along with the Brexit referendum on the … react to the uncertainties related to the Brexit referendum, export flows are more sensitive to this event. Consequently, I … find that the instable environment created by the Brexit referendum leads to lower intensive margin of Belgian exports to …
Persistent link: https://www.econbiz.de/10012138102