Results 351 to 360 of about 927,561 (382)
Some of the next articles are maybe not open access.

Local Currency or Foreign Currency Debt?

Revue économique, 2003
Nous nous demandons s’il est avantageux pour un pays emergent que sa dette (publique et privee, domestique et exterieure) soit en devises (en dollars) et non en monnaie nationale. Nous introduisons la possibilite que les autorites choisissent de devaluer si la situation economique se degrade.
openaire   +2 more sources

Global Currency Hedging with Common Risk Factors

Journal of Financial Economics, 2019
We develop a novel method to dynamically hedge foreign exchange exposure in international equity and bond portfolios. The method exploits the time-series predictability of currency returns, which we show emerges from exploiting a forecastable component ...
Wei Opie, Steven J. Riddiough
semanticscholar   +1 more source

Central Bank Digital Currency: optimization of the currency system and its issuance design

China Economic Journal, 2019
Central Bank Digital Currency (CBDC) contributes to optimizing payment functions of fiat money, reducing reliance on payment services provided by the private sector, alleviating regulatory burdens and pressure on the central bank, and strengthening the ...
Yaou Qian
semanticscholar   +1 more source

Currency Flows and Currency Crises

CESifo Economic Studies, 2017
According to the most common understanding, currency crises are always and everywhere a monetary phenomenon. Based on a formal theoretical model and ample empirical evidence, this article argues instead that currency crises are always and everywhere about external imbalances.
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Crypto-Currency

FinTech as a Disruptive Technology for Financial Institutions, 2019
This chapter sheds light on the future of crypto-currencies in the world as they have become a major part of trading and are now being adopted by leading investment firms as a new way of buying and selling. Despite the substantial security risk in crypto-
Sanaullah Iqbal   +6 more
semanticscholar   +1 more source

Currency futures and currency crises [PDF]

open access: possible, 2004
Since financial derivatives are key instruments for risk taking as well as risk reduction, it is only straightforward to examine their role in currency crises. This paper addresses this issue by investigating the impact of currency futures trading on the underlying exchange rates.
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The Currency of Mythology

Journal of the American Academy of Psychoanalysis, 2001
*Assistant Clinical Professor of Psychiatry, Dept. of Child Psychiatry, Mount Sinai Medical School; and Adjunct Assistant Clinical Professor of Psychiatry, Cornell Medical Center. Versions of this paper were originally given at the William Alanson White Institute on January 19, 2000 and at the American Academy of Psychoanalysis conference in Chicago on
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Two-Currency, Three-Currency and Multi-Currency Arbitrage

2003
Arbitrage is generally defined as capitalising on a discrepancy in quoted prices, triggered by the violation of an equilibrium (pricing) condition. It is often the case that arbitrage is portrayed to be a riskless operation, in the sense that all of the decision variables are known when the decision is made, but the process invariably involves risk ...
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Currency Consolidation and Currency Unions

2011
In outlining the ‘tripolar’ options for exchange rate regimes in Chapter 3 we foreshadowed that we would consider controversies over the third polar option — the currency union, including full monetary union — in this chapter. Arguments for the widespread adoption of a common currency, or even a universal global currency, all turn on the idea of ...
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An Internal Currency and an External Currency

1991
States have internal currencies for use in paying bills within their own territory and external currencies which are used for paying overseas debts, currencies that they share with other states and which function as forms of financial intermediary.
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