Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Testing For Non Linear Dependence In Inter War Exchange Rates full books in PDF, epub, and Kindle. Read online Testing For Non Linear Dependence In Inter War Exchange Rates ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : D. A. Peel
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (599 download)
Download or read book Testing for Non-linear Dependence in Inter-war Exchange Rates written by D. A. Peel and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David G. McMillan
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (594 download)
Download or read book Non-linear Dependence in Inter-war Exchange Rates written by David G. McMillan and published by . This book was released on 1999 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Arthur Hsieh
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (753 download)
Download or read book Testing for Nonlinear Dependence in Daily Foreign Exchange Rate Changes written by David Arthur Hsieh and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Hsieh
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (287 download)
Download or read book Testing for Nonlinear Dependence in Daily Foreign Exchange Rate Changes written by David Hsieh and published by . This book was released on 1988 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ronald MacDonald
Publisher : Psychology Press
ISBN 13 : 0415125510
Total Pages : 465 pages
Book Rating : 4.4/5 (151 download)
Download or read book Exchange Rate Economics written by Ronald MacDonald and published by Psychology Press. This book was released on 2007 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the influence of fiscal policy on exchange rates, recent development in the econometric modelling of exchange rates, and exchange rate modelling for developing countries.
Author : Tamim Bayoumi
Publisher : Cambridge University Press
ISBN 13 : 0521571693
Total Pages : 432 pages
Book Rating : 4.5/5 (215 download)
Download or read book Modern Perspectives on the Gold Standard written by Tamim Bayoumi and published by Cambridge University Press. This book was released on 1996 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These experiences led some commentators to conclude that open international capital markets are incompatible with financial stability. But the pre-1914 gold standard is an obvious challenge to the notion that open capital markets are sources of instability. To deepen our understanding of how this system worked, this volume draws together recent research on the gold standard. Theoretical models are used to guide qualitative discussions of historical experience, while econometric methods are used to help the historical data speak clearly. The result is an overview of the gold standard, a survey of the relevant applied research in international macroeconomics, and a demonstration of how the past can help to inform the present.
Author : Lucio Sarno
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)
Download or read book Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle written by Lucio Sarno and published by International Monetary Fund. This book was released on 2006-05 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide empirical evidence that deviations from uncovered interest rate parity (UIP) display significant nonlinearities, consistent with theories based on transaction costs or limits to speculation. This evidence suggests that the forward bias documented in the literature may be less indicative of major market inefficiencies than previously thought. Monte Carlo experiments allow us to reconcile these results with the large empirical literature on the forward bias puzzle since we show that, if the true process of UIP deviations were of the nonlinear form we consider, estimation of conventional spot-forward regressions would generate the anomalies documented in previous research.
Author : Wan Mansor Mahmood
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Testing for Non-Linearity in the Foreign Currency Futures Market written by Wan Mansor Mahmood and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, the issue of nonlinearity in foreign currency futures markets is examined. Daily returns are found to be linear independent but nonlinear dependent. That is, they are correlated through their second moment. However, when the BDS test is applied, the results are inconclusive as the null hypothesis of i.i.d is not rejected in some cases but rejected in others. This rejection of i.i.d in the returns and filtered returns series arises solely from the variance of the process as suggested by the third moment test. As such, GARCH(1,1) models are fitted to all the return series and the corresponding standardized residuals are tested for i.i.d behavior. It is shown that the model brings about some improvement in that nonlinear dependence in the return series is reduced considerably.
Author : Mr.Robert P. Flood
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (318 download)
Download or read book An Empirical Exploration of Exchange Rate Target-Zones written by Mr.Robert P. Flood and published by . This book was released on 1991-02 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of a flexible-price monetary exchange rate model and the assumption of uncovered interest parity, we obtain a measure of the fundamental determinant of exchange rates. Daily data for the European Monetary System are used to explore the importance of nonlinearities in the relationship between the exchange rates and fundamentals. Many implications of existing “target-zone” exchange rate models are tested; little support is found for existing nonlinear models of limited exchange rate flexibility.
Author : Michael D. Bordo
Publisher : Cambridge University Press
ISBN 13 : 0521811333
Total Pages : 257 pages
Book Rating : 4.5/5 (218 download)
Download or read book Credibility and the International Monetary Regime written by Michael D. Bordo and published by Cambridge University Press. This book was released on 2012-04-09 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents ten studies which combine historical narrative with econometrics to analyze the role of credibility in four monetary regimes.
Author : Giuseppe De Arcangelis
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.3/5 ( download)
Download or read book The Exchange Rate as a Nonlinear Economic Variable written by Giuseppe De Arcangelis and published by . This book was released on 1996 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Chong Man Kim
Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.:/5 (221 download)
Download or read book Nonlinear Dependence of Exchange Rate Changes written by Chong Man Kim and published by . This book was released on 1989 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Finance Journal written by and published by . This book was released on 2001 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Yue Ma
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (513 download)
Download or read book Testing for a Nonlinear Relationship Among Fundamentals and Exchange Rates in the ERM written by Yue Ma and published by . This book was released on 1999 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paolo Guarda
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.F/5 ( download)
Download or read book On the Detection of Nonlinearity in Foreign Exchange Data written by Paolo Guarda and published by . This book was released on 1995 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert P. Flood
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (318 download)
Download or read book An Empirical Exploration of Exchange Rate Target-zones written by Robert P. Flood and published by . This book was released on 1990 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of a flexible-price monetary exchange rate model and the assumption of uncovered interest parity, we obtain a measure of the fundamental determinant of exchange rates. Daily data for the European Monetary System are used to explore the importance of non-linearities in the relationship between the exchange rates and fundamentals. Many implications of existing "target-zone" exchange rate models are tested; little support is found for existing non-linear models of limited exchange rate flexibility
Author : Ronald MacDonald
Publisher : Springer Science & Business Media
ISBN 13 : 1475729979
Total Pages : 226 pages
Book Rating : 4.4/5 (757 download)
Download or read book Exchange Rate Modelling written by Ronald MacDonald and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are foreign exchange markets efficient? Are fundamentals important for predicting exchange rate movements? What is the signal-to-ratio of high frequency exchange rate changes? Is it possible to define a measure of the equilibrium exchange rate that is useful from an assessment perspective? The book is a selective survey of current thinking on key topics in exchange rate economics, supplemented throughout by new empirical evidence. The focus is on the use of advanced econometric tools to find answers to these and other questions which are important to practitioners, policy-makers and academic economists. In addition, the book addresses more technical econometric considerations such as the importance of the choice between single-equation and system-wide approaches to modelling the exchange rate, and the reduced form versus structural equation problems. Readers will gain both a comprehensive overview of the way macroeconomists approach exchange rate modelling, and an understanding of how advanced techniques can help them explain and predict the behavior of this crucial economic variable.
