High Frequency Trading and Limit Order Book Dynamics

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Publisher : Routledge
ISBN 13 : 1317570766
Total Pages : 377 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis High Frequency Trading and Limit Order Book Dynamics by : Ingmar Nolte

Download or read book High Frequency Trading and Limit Order Book Dynamics written by Ingmar Nolte and published by Routledge. This book was released on 2016-04-14 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the latest research in the areas of market microstructure and high-frequency finance along with new econometric methods to address critical practical issues in these areas of research. Thirteen chapters, each of which makes a valuable and significant contribution to the existing literature have been brought together, spanning a wide range of topics including information asymmetry and the information content in limit order books, high-frequency return distribution models, multivariate volatility forecasting, analysis of individual trading behaviour, the analysis of liquidity, price discovery across markets, market microstructure models and the information content of order flow. These issues are central both to the rapidly expanding practice of high frequency trading in financial markets and to the further development of the academic literature in this area. The volume will therefore be of immediate interest to practitioners and academics. This book was originally published as a special issue of European Journal of Finance.

International Evidenceon the Determinants of Trade Dynamics

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Author :
Publisher : International Monetary Fund
ISBN 13 : 145185854X
Total Pages : 43 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis International Evidenceon the Determinants of Trade Dynamics by : Mr.Eswar Prasad

Download or read book International Evidenceon the Determinants of Trade Dynamics written by Mr.Eswar Prasad and published by International Monetary Fund. This book was released on 1997-12-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants are presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries. Finally, structural vector autoregression models are used to characterize the joint dynamics of output, exchange rates, and trade variables in response to different types of macroeconomic shocks.

International Trade and Economic Dynamics

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Publisher : Springer Science & Business Media
ISBN 13 : 3540786767
Total Pages : 532 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis International Trade and Economic Dynamics by : Takashi Kamihigashi

Download or read book International Trade and Economic Dynamics written by Takashi Kamihigashi and published by Springer Science & Business Media. This book was released on 2008-10-16 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renowned trade theorist Koji Shimomura passed away in February 2007 at the age of 54. He published nearly 100 articles in international academic journals. The loss of this extremely productive economist has been an enormous shock to the economic profession. This volume has emerged from the great desire on the part of the profession to honor his contributions to economic research. Contributors include authoritative figures in trade theory such as Murray Kemp, Ronald Jones, Henry Wan, and Wilfred Ethier, world-renowned macroeconomists such as Stephen Turnovski and Costas Azariadis, and leading Japanese economists such as Kazuo Nishimura, Makoto Yano, Ryuzo Sato, and Koichi Hamada. This broad range of contributors reflects Koji Shimomura’s many connections as well as the respect he earned in the economic profession. This volume offers the reader a rare opportunity to learn the views of so many renowned economists from different schools of thought.

Globalisation, Comparative Advantage and the Changing Dynamics of Trade

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264113088
Total Pages : 351 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Globalisation, Comparative Advantage and the Changing Dynamics of Trade by : OECD

Download or read book Globalisation, Comparative Advantage and the Changing Dynamics of Trade written by OECD and published by OECD Publishing. This book was released on 2011-10-20 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

Business Dynamics in North America

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Publisher : Springer
ISBN 13 : 3319576062
Total Pages : 310 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Business Dynamics in North America by : Rajagopal

Download or read book Business Dynamics in North America written by Rajagopal and published by Springer. This book was released on 2017-08-08 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the contemporary trade dynamics necessary for companies to grow competitively in the global marketplace, extending the conceptual and analytical foundations of international trade and economy in North America. This book examines the growth of international trade in North America during the pre-and post-North American Free Trade Agreement (NAFTA), and analyzes the complexities that occurred when the economic recession struck the global markets. It outlines applied tools and techniques for business projects to thrive in the competitive marketplace, and serves as a learning post and a think tank for students, researchers, and business managers operating in a global landscape.

Long/Short Market Dynamics

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Publisher : John Wiley & Sons
ISBN 13 : 0470065311
Total Pages : 358 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Long/Short Market Dynamics by : Clive M. Corcoran

Download or read book Long/Short Market Dynamics written by Clive M. Corcoran and published by John Wiley & Sons. This book was released on 2007-02-06 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hedge funds are now the largest volume players in the capital markets. They follow a wide assortment of strategies but their activities have replaced and overshadowed the traditional model of the long only portfolio manager. Many of the traditional technical indicators and commonly accepted trading strategies have become obsolete or ineffective. The focus throughout the book is to describe the principal innovations that have been made within the equity markets over the last several years and that have changed the ground rules for trading activities. By understanding these changes the active trader is far better equipped to profit in today’s more complex and risky markets. Long/Short Market Dynamics includes: A completely new technique, Comparative Quantiles Analysis, for identifying market turning points is introduced. It is based on statistical techniques that can be used to recognize money flow and price/momentum divergences that can provide substantial profit opportunities. Power laws, regime shifts, self-organized criticality, phase transitions, network dynamics, econophysics, algorithmic trading and other ideas from the science of complexity are examined. All are described as concretely as possible and avoiding unnecessary mathematics and formalism. Alpha generation, portfolio construction, hedge ratios, and beta neutral portfolios are illustrated with case studies and worked examples. Episodes of financial contagion are illustrated with a proposed explanation of their origins within underlying market dynamics

Theory, Policy and Dynamics in International Trade

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Publisher : Cambridge University Press
ISBN 13 : 9780521558525
Total Pages : 312 pages
Book Rating : 4.5/5 (585 download)

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Book Synopsis Theory, Policy and Dynamics in International Trade by : Wilfred J. Ethier

Download or read book Theory, Policy and Dynamics in International Trade written by Wilfred J. Ethier and published by Cambridge University Press. This book was released on 1993 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a representative collection of papers on international trade, one of the most dynamic sub-fields in economics. The contributions range over all the major areas of research, including articles on the geographical aspects of international trade by Paul Krugman and Alan Deardorff, on dynamic stochastic economies by Avinash Dixit, and on endogenous growth by Gene Grossman and Elhanan Helpman. In addition to the theoretical contributions, the book also contains work on important policy issues such as auction quotas, discussed by Kala Krishna, and the role of government in economic development, by Anne Krueger. Also included is an assessment by Bill Ethier of the theoretical achievements of a leading authority in international trade theory, Ronald Jones, in whose honour the essays were written.

Dynamics of International Trade and Economy

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Author :
Publisher : Nova Publishers
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dynamics of International Trade and Economy by : Rajagopal

Download or read book Dynamics of International Trade and Economy written by Rajagopal and published by Nova Publishers. This book was released on 2007 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses a research analysis based on survey of literature and statistical analysis of the data available from secondary sources and argues the strategic partnership model developed by analysing the functional gap-map in reference to the political, economic, legal and trade related factors.

Producer Dynamics

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Publisher : University of Chicago Press
ISBN 13 : 0226172570
Total Pages : 623 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Producer Dynamics by : Timothy Dunne

Download or read book Producer Dynamics written by Timothy Dunne and published by University of Chicago Press. This book was released on 2009-05-15 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.

Exchange-Rate Dynamics

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Publisher : Princeton University Press
ISBN 13 : 1400838843
Total Pages : 561 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Exchange-Rate Dynamics by : Martin D. D. Evans

Download or read book Exchange-Rate Dynamics written by Martin D. D. Evans and published by Princeton University Press. This book was released on 2011-03-14 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and in-depth look at exchange-rate dynamics Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of international economics. This book provides a new, comprehensive, and in-depth examination of the standard theories and latest research in exchange-rate economics. Covering a vast swath of theoretical and empirical work, the book explores established theories of exchange-rate determination using macroeconomic fundamentals, and presents unique microbased approaches that combine the insights of microstructure models with the macroeconomic forces driving currency trading. Macroeconomic models have long assumed that agents—households, firms, financial institutions, and central banks—all have the same information about the structure of the economy and therefore hold the same expectations and uncertainties regarding foreign currency returns. Microbased models, however, look at how heterogeneous information influences the trading decisions of agents and becomes embedded in exchange rates. Replicating key features of actual currency markets, these microbased models generate a rich array of empirical predictions concerning trading patterns and exchange-rate dynamics that are strongly supported by data. The models also show how changing macroeconomic conditions exert an influence on short-term exchange-rate dynamics via their impact on currency trading. Designed for graduate courses in international macroeconomics, international finance, and finance, and as a go-to reference for researchers in international economics, Exchange-Rate Dynamics guides readers through a range of literature on exchange-rate determination, offering fresh insights for further reading and research. Comprehensive and in-depth examination of the latest research in exchange-rate economics Outlines theoretical and empirical research across the spectrum of modeling approaches Presents new results on the importance of currency trading in exchange-rate determination Provides new perspectives on long-standing puzzles in exchange-rate economics End-of-chapter questions cement key ideas

INTERNATIONAL TRADE DYNAMICS Advanced Strategies for Modern Markets

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Author :
Publisher : JEC PUBLICATION
ISBN 13 : 9361759922
Total Pages : 232 pages
Book Rating : 4.3/5 (617 download)

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Book Synopsis INTERNATIONAL TRADE DYNAMICS Advanced Strategies for Modern Markets by : DR ABHISHEK SHARMA

Download or read book INTERNATIONAL TRADE DYNAMICS Advanced Strategies for Modern Markets written by DR ABHISHEK SHARMA and published by JEC PUBLICATION. This book was released on with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly interconnected world, the landscape of international trade is evolving at an unprecedented pace. The complexities and nuances of global markets demand not only a deep understanding of traditional trade principles but also the agility to adapt to modern dynamics. "International Trade Dynamics: Advanced Strategies for Modern Markets" is crafted to bridge the gap between foundational trade theories and the advanced strategies necessary for navigating today’s volatile economic environment. This book aims to provide a comprehensive exploration of the multifaceted world of international trade. From the economic principles that underpin trade policies to the latest trends in global supply chain management, we delve into the critical factors shaping international commerce. Our goal is to equip readers with the knowledge and tools needed to formulate and implement effective trade strategies in a rapidly changing global market. We begin by revisiting the core concepts of international trade, setting the stage for a deeper dive into contemporary issues and advanced strategies. The chapters that follow cover a wide range of topics, including trade policy formulation, economic integration, digital trade, sustainability, and risk management. Each chapter is designed to offer a blend of theoretical insights and practical applications, supported by real-world case studies and empirical data. The emphasis on advanced strategies reflects the need for businesses and policymakers to think beyond traditional boundaries. In today’s markets, success hinges on the ability to leverage technological advancements, adapt to shifting geopolitical landscapes, and respond to the demands for sustainable and ethical trade practices. This book provides a roadmap for navigating these challenges, offering strategic guidance for stakeholders at all levels

International Evidence on the Determinants of Trade Dynamics

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Author :
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis International Evidence on the Determinants of Trade Dynamics by : Eswar S. Prasad

Download or read book International Evidence on the Determinants of Trade Dynamics written by Eswar S. Prasad and published by . This book was released on 2006 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants are presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries. Finally, structural vector autoregression models are used to characterize the joint dynamics of output, exchange rates, and trade variables in response to different types of macroeconomic shocks.

Dynamics, Economic Growth, and International Trade

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Author :
Publisher : University of Michigan Press
ISBN 13 : 0472026410
Total Pages : 385 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Dynamics, Economic Growth, and International Trade by : Bjarne Sloth Jensen

Download or read book Dynamics, Economic Growth, and International Trade written by Bjarne Sloth Jensen and published by University of Michigan Press. This book was released on 2010-03-11 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: While endogenous growth theory has claimed success in modeling various factors of growth and providing an analysis of sustainable economic growth, most of the growth models in published work are for closed economies. The omission of international trade, which is often regarded as the engine of growth, greatly reduces their usefulness. The theory of international trade, on the other hand, is characterized by models that are mainly static. While interest in the dynamics of trade has been growing, there is still little work in this area. The success of the newly industrialized economies that have adopted trade-oriented policies suggests how limited present trade theory is in explaining and analyzing the growth of these economies. The work collected here serves to bridge the "old" growth theory and "new" growth theory; merge growth and trade theory; suggest new analysis and techniques of economic growth; and provide analysis of new issues related to growth and trade. The first chapter surveys endogenous growth and international trade and critically reviews the endogenous growth theory with a unified framework, covering the work on both closed and open economies. Three chapters examine the dynamics of some basic trade models; two chapters focus on growth and trade with endogenous accumulation of human and public capital; two chapters on economic growth, technological progress, and international trade; and two chapters on growth and international factor movements. Contributors include Eric W. Bond, Theo S. Eicher, Rolf Färe, Oded Galor, Shawna Grosskopf, Bjarne S. Jensen, Pantelis Kalaitzidakis, Shoukang Lin, Ngo Van Long, Kazuo Nishimura, Koji Shimomura, Kathleen Trask, Stephen J. Turnovsky, Pham Hoang Van, Henry Wan, Jr., Chunyan Wang, and Kar-yiu Wong. Bjarne S. Jensen is Associate Professor of Economics, Copenhagen Business School. Kar-yiu Wong is Professor of Economics, University of Washington, Seattle.

Putting Things in Order

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Author :
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Putting Things in Order by : Robert C. Feenstra

Download or read book Putting Things in Order written by Robert C. Feenstra and published by . This book was released on 1997 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a semi-parametric methodology which takes account of the fact that most goods are not exported by most countries in our sample. Our orderings seem sensible, robust and intuitive. For instance, our country rankings derived from dis-aggregated trade data turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.

Economic Dynamics, Trade and Growth

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Publisher : Springer
ISBN 13 : 134926931X
Total Pages : 325 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Economic Dynamics, Trade and Growth by : A.P. Thirlwall

Download or read book Economic Dynamics, Trade and Growth written by A.P. Thirlwall and published by Springer. This book was released on 2015-12-31 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology. This volume arises out of a conference to celebrate the sixtieth anniversary of the publication of his book The Trade Cycle in 1936. After an introductory essay by Walter Eltis, a student of Harrod, this volume contains important essays on the interpretation of Harrod's work in the field of economic dynamics by Danial Besomi and Maurizio Pugno, and in the field of trade and growth by Tony Thirlwall, John McCombie and Luca Bendictis. Finally, Warren Young, in the process of writing Harrod's biography, uses correspondence between Harrod and Haberler to elucidate Harrod's views on trade theory, international monetary reform and inflation.

Dynamics in Economic Growth and International Trade

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (593 download)

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Book Synopsis Dynamics in Economic Growth and International Trade by : Bernhard Felderer

Download or read book Dynamics in Economic Growth and International Trade written by Bernhard Felderer and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wallet Dynamics

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Author :
Publisher : Notion Press
ISBN 13 :
Total Pages : 540 pages
Book Rating : 4.8/5 (927 download)

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Book Synopsis Wallet Dynamics by : Johan van Rooyen, Ruban Ganeshu

Download or read book Wallet Dynamics written by Johan van Rooyen, Ruban Ganeshu and published by Notion Press. This book was released on 2024-03-18 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Wallet Dynamics: The Spirited Journey to Financial Empowerment” is more than a mere exploration of finance; it’s an enlightening odyssey through the annals of monetary evolution and the pulsating heart of today’s fiscal world. This book stands out as a rich repository of financial knowledge, meticulously crafted to engage and inform readers from the first page to the last. Delve into the thrilling segment “Imagining a World Without Money,” where you traverse from the primitive barter systems to the electrifying arena of digital currencies like Bitcoin. This chapter is more than a historical account; it’s a revelation of the transformative essence of money. “The Art of Budgeting” redefines the conventional view of budgeting, especially for students. It highlights the innovative 50/30/20 rule and modern digital tools, transforming budgeting into a dynamic means for achieving both immediate and future financial goals. The book concludes with “Financial Statements: Decoding the Language of Business,” simplifying financial reports, and “The Dynamics of Global Economics,” providing a panoramic view of global economic forces. “Wallet Dynamics: The Spirited Journey to Financial Empowerment” is an essential guide, not just for students or entrepreneurs, but for anyone seeking to unravel the complexities of finance. It’s a beacon in the murky waters of monetary affairs, a book that doesn’t just inform, but empowers, making it an indispensable tool in your journey towards financial literacy.”