Results 31 to 40 of about 954,253 (356)
Hedge your costs: exchange rate risk and endogenous currency invoicing [PDF]
, 2006 The choice of invoicing currency for trade is crucial for the international transmission of macroeconomic policy. This paper develops a three-country model that endogenizes the choice of invoicing currency and that allows for a share of firms' costs to ...
Novy, Dennis
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Currency boards and currency crises [PDF]
Oxford Economic Papers, 2004 This paper demonstrates how a currency board can become vulnerable to a crisis in which the policymaker is forced to devalue. The model is built from two blocks: first, incomplete information about the devaluation cost faced by the policymaker; and second, unemployment persistence. Incomplete information can result in multiple equilibria.
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Review of Financial Studies, 2015 © The Author 2016. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. We assess the properties of currency value strategies based on real exchange rates. We find that real exchange rates have predictive power for the cross-section of currency excess returns.
Menkhoff, L +3 more
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The Quarterly Journal of Economics, 2002 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Alesina, Alberto, Barro, Robert
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PROBLEMS AND WAYS OF USING CRYPTOCURRENCIES IN THE RUSSIAN FEDERATION
Наука Красноярья, 2023 В данной статье рассмотрена проблема восприятия нового вида электронных денег – криптовалют, а также неправильная трактовка цифровых финансовых активов, изучаются основные проблемы и возможность использования нового вида финансового актива.
Feitulla N. Verdikhanov +2 more
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A Survey of Research on Retail Central Bank Digital Currency
IMF Working Papers, 2020 This paper examines key considerations around central bank digital currency (CBDC) for use by the general public, based on a comprehensive review of recent research, central bank experiments, and ongoing discussions among stakeholders.
J. Kiff +10 more
semanticscholar +1 more source
Pricing currency risk under currency boards [PDF]
Journal of Development Economics, 2002 Currency risk is one of the two components of the total interest rate differential. Hard pegs, such as currency boards, are meant to reduce or even eliminate currency risk, thus reducing domestic interest rates. This paper investigates the patterns and determinants of the currency risk premium in two currency boards, Argentina and Hong Kong.
Schmukler, Sergio L., Servén, Luis
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Leading Indicators of Currency Crises
Social Science Research Network, 1997 This paper examines the empirical evidence on currency crises and proposes a specific early warning system. This system involves monitoring the evolution of several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis ...
Carmen Reinhart, G. Kaminsky, S. Lizondo
semanticscholar +1 more source
Investment preferences of the population of Ukraine: response to shocks of martial law
Український соціум, 2022 The article contains the results of the analysis of the investment behaviour of Ukrainian households in the crisis caused by external armed aggression.
Bereslavska O. I. +2 more
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Using First Name Information to Improve Race and Ethnicity Classification
Statistics and Public Policy, 2018 This article uses a recent first name list to develop an improvement to an existing Bayesian classifier, namely the Bayesian Improved Surname Geocoding (BISG) method, which combines surname and geography information to impute missing race/ethnicity.
Ioan Voicu
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