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The asymmetric impact of real exchange rate on tourism demand [PDF]
Europe is a notable tourism region and so international tourist arrivals are getting more crucial day by day for attraction center countries. Besides many economic factors, exchange rate is also main economic determining factor of tourism demand.
Yeliz Yalcin, Cengiz Arikan, Nezir Kose
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Do government guarantees really matter in fixed exchange rate regimes?
Since the mid 1990s, theories of speculative attacks have argued that fixed exchange rate regimes induce excessive borrowing in foreign currency as an optimal response to implicit guarantees that the government will not devalue the domestic currency ...
Marcio M. Janot +2 more
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Forward and Spot Exchange Rates in a Multi-Currency World* [PDF]
Separate literatures study violations of uncovered interest parity using regression-based and portfolio-based methods. We propose a decomposition of these violations into a cross-currency, a between-time-and-currency, and a cross-time component that allows us to analytically relate regression-based and portfolio-based anomalies, to test whether they ...
Hassan, Tarek A., Mano, Rui C.
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Auditing challenges in light of foreign exchange risks [PDF]
Introduction: Most nations abandoned the fixed exchange rate system following the breakdown of the Bretton Woods system in the 1970s. They adopted the floating exchange rate system, in which the value of foreign exchange is determined by supply and ...
Abd El Wahab Nasr Ali, Samah Tarek Hafez
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Does an undervalued currency merit economic growth?: Evidence from Taiwan [PDF]
Whether an undervalued currency is an attainable industrial policy for developing countries’ sustained development has recently invoked many discussions.
Yan Ho-Don, Yang Cheng-Lang
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Exchange Rate Pass-Through to Non-oil Export Price of Iran [PDF]
According to exchange rate pass-through models, exchange rate has a great impact on the competitiveness of exports and determining the effects of exchange rate on export prices can be useful in planning for export promotion.
Hossein Asgharpour +2 more
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Methods of influencing the exchange rate: problems of currency regulation and ways to overcome them
Currency regulation plays a significant role in the state economic policy. Depending on the goal, currency regulation can stimulate or constrain economic development in the country and, accordingly, affect the state of individual sectors, industries and
A. Ongdash +3 more
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Public foreign currency borrowing is a common problem of emerging markets. Scholars named it the original sin of foreign debt. It has a proven negative influence on economic growth and development, undermining financial stability, and increasing the ...
Dudzich Viktar
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ON CAUSES AND CONSEQUENCES OF UNPRECEDENTED RUBLE EXCHANGE GROWTH
We provide an analysis of real effective exchange rate dynamics in Russia throughout the last decade. Authors analysed the causes and consequences of real effective exchange growth and assessed how Russian ruble real effective exchange rate comply with ...
Polyakov Egor Nikolaevich
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Currency Fluctuations and Islamic Stock Indices in Emerging Markets
This research aims to explain why Islamic stock indexes tend to track the currency exchange rates of emerging countries. Granger causality is used in this analysis, and it is applied to daily data beginning with the day the index was first formed for ...
Faizul Mubarok
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