Testing for Speculative Bubbles in Foreign Exchange Markets

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Publisher :
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Testing for Speculative Bubbles in Foreign Exchange Markets by : Akila Weerapana

Download or read book Testing for Speculative Bubbles in Foreign Exchange Markets written by Akila Weerapana and published by . This book was released on 1993 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign currency speculation has always been a well publicized topic that has captured the attention of people who have not formally studied economics. It is also a topic that has captured the attention of researchers in International Finance because speculative bubbles have often been considered as a possible explanation for the excess volatility of exchange rates. An examination of past studies reveals that different methods have been used by researchers to test for the existence of speculative bubbles in major currencies over the period from 1970-1984. In this paper, I will apply three methods which have been used in the past to reach conclusions about the existence of speculative bubbles in the U.S Dollar/German Mark and the U.S Dollar/Japanese Yen exchange rate over the period from 1982-1992 and the U.S Dollar/British Pound exchange rate from 1987-1992. One objective of this paper is to update previous studies by expanding their scope into the most recent decade. The other objective is to use several testing methods for each currency in order to gain an insight into both the robustness of the conclusions and the dependency of the conclusions on a particular method of testing.

Speculative Bubbles, Speculative Attacks, and Policy Switching

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Publisher : MIT Press
ISBN 13 : 9780262061698
Total Pages : 528 pages
Book Rating : 4.0/5 (616 download)

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Book Synopsis Speculative Bubbles, Speculative Attacks, and Policy Switching by : Robert P. Flood

Download or read book Speculative Bubbles, Speculative Attacks, and Policy Switching written by Robert P. Flood and published by MIT Press. This book was released on 1994 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this book are grouped into three sections: the first on price bubbles is primarily financial; the second on speculative attacks (on exchange rate regimes) is international in scope; and the third, on policy switching, is concerned with monetary policy.

A Test for Speculative Bubbles in the Lebanese Foreign Exchange Market, 1983-1992

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (299 download)

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Book Synopsis A Test for Speculative Bubbles in the Lebanese Foreign Exchange Market, 1983-1992 by : Michael A. Chahino

Download or read book A Test for Speculative Bubbles in the Lebanese Foreign Exchange Market, 1983-1992 written by Michael A. Chahino and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing for Rational Speculative Bubbles in Foreign Exchange Rates

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Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.:/5 (697 download)

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Book Synopsis Testing for Rational Speculative Bubbles in Foreign Exchange Rates by : Laura Tao

Download or read book Testing for Rational Speculative Bubbles in Foreign Exchange Rates written by Laura Tao and published by . This book was released on 2010 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Testing for Speculative Bubbles in the Stock Market

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Publisher :
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Essays on Testing for Speculative Bubbles in the Stock Market by : Lii-Tarn Chen

Download or read book Essays on Testing for Speculative Bubbles in the Stock Market written by Lii-Tarn Chen and published by . This book was released on 1995 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regime Switching as a Test for Exchange Rate Bubbles

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 (21 download)

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Book Synopsis Regime Switching as a Test for Exchange Rate Bubbles by : Simon Van Norden

Download or read book Regime Switching as a Test for Exchange Rate Bubbles written by Simon Van Norden and published by . This book was released on 1993 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing for Speculative Bubbles in Exchange Rates

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (551 download)

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Book Synopsis Testing for Speculative Bubbles in Exchange Rates by : Peter N. Smith

Download or read book Testing for Speculative Bubbles in Exchange Rates written by Peter N. Smith and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Speculative Bubbles in an Exchange Rate Target Zone

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Rational Speculative Bubbles in an Exchange Rate Target Zone by : Willem H. Buiter

Download or read book Rational Speculative Bubbles in an Exchange Rate Target Zone written by Willem H. Buiter and published by . This book was released on 1990 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent theory of exchange rate dynamics within a target zone holds that exchange rates under a currency bard are less responsive to fundamental shocks than exchange rates under a free float, provided that the intervention rules of the Central Bank(s) are common knowledge. These results are derived after having assumed a priori that excess volatility due to rational bubbles does not occur in the foreign exchange market. In this paper we consider instead a setup in which the existence of speculative behavior is a datum the Central Bank has to deal with. We show that the defense of the target zone in the presence of bubbles is viable if the Central Bank accommodates speculative attacks when the latter are consistent with the survival of the target zone itself and expectations are self-fulfilling. These results hold for a large class of exogenous and fundamental-dependent bubble processes. We show that the instantaneous volatility of exchange rates within a bard is not necessarily less than the volatility under free float and analyze the implications for interest rate differential dynamics.

Testing for Speculative Bubbles in Exchange Rates

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (229 download)

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Book Synopsis Testing for Speculative Bubbles in Exchange Rates by : P. N. Smith

Download or read book Testing for Speculative Bubbles in Exchange Rates written by P. N. Smith and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Speculative Bubbles in the Foreign Exchange Markets

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (114 download)

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Book Synopsis Speculative Bubbles in the Foreign Exchange Markets by : Wing T. Woo

Download or read book Speculative Bubbles in the Foreign Exchange Markets written by Wing T. Woo and published by . This book was released on 1984 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing for Speculative Bubbles in Stock Prices

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Testing for Speculative Bubbles in Stock Prices by : Aslı Demirgüç-Kunt

Download or read book Testing for Speculative Bubbles in Stock Prices written by Aslı Demirgüç-Kunt and published by . This book was released on 1988 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing for Speculative Bubbles in Stock Markets

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (17 download)

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Book Synopsis Testing for Speculative Bubbles in Stock Markets by : Ulrich-Michael Homm

Download or read book Testing for Speculative Bubbles in Stock Markets written by Ulrich-Michael Homm and published by . This book was released on 2008 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Theoretical and Empirical Examination of Speculation in the Foreign Exchange Market

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Publisher :
ISBN 13 :
Total Pages : 658 pages
Book Rating : 4.:/5 (189 download)

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Book Synopsis A Theoretical and Empirical Examination of Speculation in the Foreign Exchange Market by : Laurence A. Krause

Download or read book A Theoretical and Empirical Examination of Speculation in the Foreign Exchange Market written by Laurence A. Krause and published by . This book was released on 1988 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Are There Rational Bubbles in Foreign Exchange Markets?

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Publisher :
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (513 download)

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Book Synopsis Are There Rational Bubbles in Foreign Exchange Markets? by : Yangru Wu

Download or read book Are There Rational Bubbles in Foreign Exchange Markets? written by Yangru Wu and published by . This book was released on 1993 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Banking Crises

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Publisher : Springer
ISBN 13 : 1137553790
Total Pages : 365 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Banking Crises by : Garett Jones

Download or read book Banking Crises written by Garett Jones and published by Springer. This book was released on 2016-01-26 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do banks collapse? Are financial systems more fragile in recent decades? Can policies to fix the banking system do more harm than good? What's the history of banking crises? With dozens of brief, non-technical articles by economists and other researchers, Banking Crises offers answers from diverse scholarly viewpoints.

Speculative Bubbles and Excess Returns on European Exchange Rates

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Speculative Bubbles and Excess Returns on European Exchange Rates by : Andrea Bubula

Download or read book Speculative Bubbles and Excess Returns on European Exchange Rates written by Andrea Bubula and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Specification Test for Speculative Bubbles

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (147 download)

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Book Synopsis A Specification Test for Speculative Bubbles by : Kenneth David West

Download or read book A Specification Test for Speculative Bubbles written by Kenneth David West and published by . This book was released on 1986 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: