Results 11 to 20 of about 7,497 (259)

Dynamic hedging in currency crisis [PDF]

Economics Letters, 1997
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Real effective exchange rate misalignment and currency crisis in Iran

Future Business Journal, 2023
This study aimed to examine real effective exchange rate (REER) misalignment in Iran and its relation to the currency crisis. The behavioral equilibrium exchange rate was employed to calculate the equilibrium exchange rate (EER), and misalignment was ...
Mohammad Hassanzadeh, Shahla Mousavi
doaj   +1 more source

In Search for a Measure of Currency Misalignment: the Case of the 1997 Asian Currency Crisis

East Asian Economic Review, 2000
The paper searches for an appropriate measure of currency misalignment in light of the 1997 Asian currency crisis. A couple of measures of currency misalignment, one based on purchasing power parity and the other based on equilibrium real exchange rate ...
Daekeun Park
doaj   +1 more source

Bulgaria’s Path to the Euro: The Role and Legacy of the Currency Board [PDF]

Financial and Economic Review
Bulgaria’s monetary integration with Europe started with the creation of the currency board in 1997. This paper traces how hard constraints on central bank financing and money creation, combined with political consensus forged in crisis, restored ...
Charles Enoch, Anne-Marie Gulde
doaj   +1 more source

CURRENCY MARKET AND MECHANISMS OF ITS REGULATION IN THE SYSTEM OF ECONOMIC SECURITY OF THE STATE

Three Seas Economic Journal, 2022
The aim of the work is to improve the system of indicators to assess the economic security of the state in the foreign exchange market and ways to develop mechanisms of its regulation. Methodology.
Olga Tereshchenko
doaj   +1 more source

An investigation on the effect of central bank money injection on creating currency crisis [PDF]

Management Science Letters, 2014
This paper investigates the effects of different factors influencing on supplement of currency in Iran and the likelihood of currency crises. The study implements two methods of Logit and Probit to determine the likelihood of currency crises based on the
Nazi Mohamadzadeh Asl, Leila Jamshidi
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Dynamics of time-varying currency beta on Indian industries: A Markov switching approach

IIMB Management Review, 2023
We examine the dynamics of time-varying currency beta across Indian industries. Through the Markov regime switching model we try to check whether currency beta is also regime-dependent, similar to other financial variables.
Soumya Saha, Gagari Chakrabarti, Sankarshan Basu   +2 more
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Currency Crisis [PDF]

, 2019
Financial crises are nothing new in the annals of history of the capitalistic path of economic development; indeed, they are part of business cycle. The theoretical basis for this is well entrenched in the concept of ‘Keynesian Cross’. Tales of crises date back centuries, but have taken a new turn as the race for more globalization goes on, which ...
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Forecasting of Currency Crises in East Asia

East Asian Economic Review, 2005
In this paper, we have developed a forecasting system for currency crisis in East Asia based on a signaling approach. Our system uses 15 monthly indicators of five East Asian countries including Indonesia, Korea, Malaysia, the Philippines and Thailand ...
Chi-Young Song
doaj   +1 more source

Comparing the Performance of Logit and Probit Early Warning Systems for Currency Crises in Emerging Market Economies

Journal of Banking and Financial Economics, 2016
We compare how logit (fi xed effects) and probit early warning systems (EWS) predict in-sample and out-of-sample currency crises in emerging markets (EMs).
Fabio Comelli
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