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Is It Possible To Find An Econometric Law That Works Well In Explanation And Prediction
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Book Synopsis The Collapse of Exchange Rate Regimes by : George S. Tavlas
Download or read book The Collapse of Exchange Rate Regimes written by George S. Tavlas and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: ical) and to self-fulfilling currency crisis, respectively. Research stressing the former approach was pioneered by Krugman (1979) and Flood and Garber (1984). According to this line of research, the failure of governments to adopt domestic monetary and fiscal policies consistent with their stated exchange rate targets leads to a gradual diminution of reserves and eventually a stock adjustment that depletes reserves suddenly in one attack (Sachs, Tornell, and Velasco, 1996, page 47). The result is either a devaluation of the exchange rate or a switch to floating. Subsequent work of this genre has specified a number of other channels, in addition to that involving inconsistent and unsustainable monetary and fiscal policies, that can precipitate an attack: 1. Inconsistency between external and internal objectives. The stances of monetary and fiscal policies may be consistent with the authorities' exchange rate target, but domestic economic indicators (such as the unemployment rate) may be inconsistent with internal balance, resulting in pressures on the authorities to relax macroeconomic policies. Private agents, aware of this inconsistency, perceive an opportunity for profits from a currency devaluation and precipitate an attack. 2. Contagion effects. Prior to an attack on another currency (say that of country B), the market may view a country's (say, country A's) exchange rate as consistent with economic fundamentals and, thus, sustainable.
Book Synopsis A General Method of Deriving the Efficiencies of Banks from a Profit Function by : P. A. V. B. Swamy
Download or read book A General Method of Deriving the Efficiencies of Banks from a Profit Function written by P. A. V. B. Swamy and published by . This book was released on 1994 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Australian National Bibliography: 1992 by : National Library of Australia
Download or read book Australian National Bibliography: 1992 written by National Library of Australia and published by National Library Australia. This book was released on 1988 with total page 1976 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects by : P. A. V. B. Swamy
Download or read book Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects written by P. A. V. B. Swamy and published by . This book was released on 1992 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fed in Print written by and published by . This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Some Problems with Identification in Parametric Models by : P. A. V. B. Swamy
Download or read book Some Problems with Identification in Parametric Models written by P. A. V. B. Swamy and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Foundations of Econometric Analysis by : David F. Hendry
Download or read book The Foundations of Econometric Analysis written by David F. Hendry and published by Cambridge University Press. This book was released on 1997-02-20 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of classic papers by pioneer econometricians
Book Synopsis International Journal of Forecasting by : International institute of forecasters
Download or read book International Journal of Forecasting written by International institute of forecasters and published by . This book was released on 1996 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inferring Market Power from Time-series Data by : Timothy H. Hannan
Download or read book Inferring Market Power from Time-series Data written by Timothy H. Hannan and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Uncertain Unit Root in Real GNP by : Glenn D. Rudebusch
Download or read book The Uncertain Unit Root in Real GNP written by Glenn D. Rudebusch and published by . This book was released on 1992 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of Applied Statistical Science by :
Download or read book Journal of Applied Statistical Science written by and published by . This book was released on 1997 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Switching Costs, Market Concentration and Prices by : Steven A. Sharpe
Download or read book Switching Costs, Market Concentration and Prices written by Steven A. Sharpe and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Market Power and the Pricing of Mortgage Securitization by : John L. Goodman
Download or read book Market Power and the Pricing of Mortgage Securitization written by John L. Goodman and published by . This book was released on 1992 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Conditional Asymmetries in Real GNP by : Allan D. Brunner
Download or read book Conditional Asymmetries in Real GNP written by Allan D. Brunner and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Are Higher Tax Rates Too Volatile? by : Gregory D. Hess
Download or read book Are Higher Tax Rates Too Volatile? written by Gregory D. Hess and published by . This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dividend-price Ratios and Expected Inflation by : Paul H. Kupiec
Download or read book Dividend-price Ratios and Expected Inflation written by Paul H. Kupiec and published by . This book was released on 1992 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Are Higher Levels of Inflation Less Predictable? by : Allan D. Brunner
Download or read book Are Higher Levels of Inflation Less Predictable? written by Allan D. Brunner and published by . This book was released on 1990 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
