Results 41 to 50 of about 2,204,509 (161)
The Indian currency regime and its consequences. [PDF]
While the Indian rupee is claimed to be a `market determined ex-change rate', there is a gulf between the de facto and de jure exchange rate regime. An examination of the data reveals that India has a de facto rupee-dollar pegged exchange rate.
Patnaik, Ila
core
Multiple Reserve Requirements, Exchange Rates, Sudden Stops and Equilibrium Dynamics in a Small Open Economy [PDF]
We model a typical Asian-crisis-economy using dynamic general equilibrium tech-niques. Exchange rates obtain from nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex-change rate ...
Hernandez-Verme, Paula, Wang, Wen-Yao
core +4 more sources
How important are real interest rates for oil prices? [PDF]
Using a recursive vector autoregression (VAR), this paper considers the relation between the U.S. real interest rate and the real oil price. Theoretically, as outlined in Hotelling (1931) and Working (1949), a lower real interest rate results in reduced ...
Arora, Vipin, Tanner, Matthew
core +1 more source
Capital Mobility and Devaluation in an Optimizing Model with Rational Expectations [PDF]
This paper examines the effects of ex-change-rate policies when individuals maximize lifetime utility on the basis of rational expectations about the future.
Maurice Obstfeld
core
Duration has long been used as a means of managing the risk of bond portfolios. It has also been extended to the analysis of equities. Although it is often been compared with the half-life of an asset it is more correct to consider duration as the ...
Gerald R. Brown
core
Socio-political and economic determinants of de facto monetary institutions and inflationary outcomes [PDF]
In this paper we estimate a model where in°ation, a measure of de facto central bank independence and an index of de facto exchange rate regime are simultaneously determined by a set of economic, political and institutional variables.
Emilio Colombo +2 more
core
RESEARCH METHODOLOGY FOR CURRENCY RISK OF ENTERPRISES
Соціальна економікаThis article conducts a comprehensive study of the currency risks of companies. It integrates two methodological approaches: the research organization in economics and business by Easterby-Smith et al.
Valeria Yatsenko
doaj +1 more source
Entrepreneurship turnover and endogenous returns to ability [PDF]
This paper proposes a model of entrepreneurial turnover highlighting a non-monotone relationship between technological change and ability-biased sorting into entrepreneurial types.
Hind Sami, Patricia Crifo
core
De jure versus de facto Exchange Rate Stabilization in Central and Eastern Europe [PDF]
The IMF classifications of the Central and Eastern European (CEE) exchange rate arrange-ments are heterogeneous. While one group of countries reports tight pegs to the euro, a second group seems to have moved toward (more) exchange rate flexibility ...
Gunther Schnabl
core
Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive? [PDF]
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970's vintage. The canonical papers in this literature are by Meese and Rogoff (1983, 1988), who examined monetary and portfolio ...
Antonio Garcia Pascual +2 more
core