Currency attribution for bilateral exchange rates: A decomposition of the moments
A bilateral exchange rate is the price of a base currency in terms of a quote currency. In this situation, how do international investors decide the contributions of both the base currency and the quote currency to the mean, variance, skewness, and ...
Michael Kunkler
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Assessment of an Exchange Rate’s Fluctuations Impact on the Foreign Exchange Market
The article analyzes the foreign exchange market functioning under the influence of exchange rate fluctuations. The main factors determining the exchange rate in the existing conditions have been determined.
Tetiana Solodzhuk, Tetiana Myhovych
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EXCHANGE RATE - REGIMES AND POLICIES [PDF]
Exchange rate of one currency is the price of the currency expressed in units of other currency. It is formed by the interaction of supply and demand in the foreign exchange market.
Novak Lučić
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Commodity currencies and the real exchange rate [PDF]
Abstract This paper examines whether the real exchange rates of commodity-exporting countries and the real prices of their commodity exports move together over time. Using International Monetary Fund (IMF) data on the world prices of 44 commodities and national commodity export shares, we construct new monthly indices of national commodity export ...
Paul Cashin +2 more
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Modern exchange rate formation in a resource-oriented economy: the institutional dimension
There is an increasing need for in-depth theoretical and applied studies of the essence, structure and features of the formation of the exchange rate, the development of the mechanism of currency regulation in the Russian Federation, determining the ...
Konstantin G. Bunevich +1 more
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Fixed and Flexible Exchange Rates and Currency Sovereignty [PDF]
This paper provides an analysis of Keynes's original "Bancor" proposal as well as more recent proposals for fixed exchange rates. We argue that these schemes fail to pay due attention to the importance of capital movements in today's economy, and that they implicitly adopt an unsatisfactory notion of money as a mere medium of exchange.
SARDONI, Claudio, L. Randall Wray
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Non-linear Effect of Exchange Rate on Economic Growth in OECD Countries——Panel data analysis based on PSTR model [PDF]
Based on the panel data of 35 OECD countries from 2001 to 2019, this paper empirically analyzes the nonlinear effect of exchange rate on economic growth of countries through PSTR model.
Kong Shuning
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The Determinants of the Expansion of the Exchange Rate on The Black Market in The Maghreb [PDF]
The shadow economy has recently grown significantly in the overall national economy. In the Maghreb countries (Morocco, Algeria, Tunisia, Libya, Mauritania), the informal economy is the result of the introduction of a managed economy, which gradually ...
Said El Bouazizi
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FORECASTING THE EXCHANGE RATE OF THE UKRAINIAN HRYVNIA USING MACHINE LEARNING METHODS
This article describes the concept of currency exchange rate and the typology of various factors that influence it. A multifactor regression model was constructed to investigate the influence of factors on the exchange rate of the Ukrainian hryvnia and ...
Vasyl Pryimak +2 more
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Estimating the effect of currency substitution on exchange rate volatility: Evidence from Ghana
This paper investigates the impact of currency substitution on exchange rate volatility using monthly data from January 1990 to May 2019. The paper applies the exponential generalized autoregressive conditional heteroscedastic in mean (EGARCH-M) model as
Hadrat Yusif +2 more
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