In this study the relationship between change in US Dollar-Euro exchange rate and short-term market rates (Federal Funds Rate, Three-Month Treasury Bill and Three-Month LIBOR) is examined. The study finds that there is a strong relationship among the US Dollar-Euro exchange rates, federal funds...

In this paper I analyze the impact of the stock market prices and unemployment on consumer confidence pre and post global financial crisis. The University of Michigan Consumer Sentiments Index is utilized as proxy for consumer confidence. Applying Ordinary Least Square regression and vector...

In this study the key strategies of managing liquidity risk in the aftermath of the financial crisis are examined and it's concluded that the key strategies that could be implemented to mitigate liquidity risk include need to consolidate smaller banks, increase capitalization to banks and...

We evaluated the ability of futures market participants’ hedging decisions to predict changes in cryptocurrency returns based on its influence on risk aversion via the risk premium channel. We document that the hedging factor has a significant effect on measures of risk aversion and financial...

A key challenge for monetary policymakers is predicting the path of short-term inflation given the persistently flat Phillips curve of the last few years. A promising innovation involves modifying the hybrid-New Keynesian Phillips curve (NKPC) to include an interaction variable, reflecting the...