Results 21 to 30 of about 22,375 (253)
Risk and Asian Exchange Rate Regimes [PDF]
Global Economic Review, 2005 A panel regression gives evidence that more flexibility in Asian exchange rates reduces risk associated with bank borrowing abroad, but deviations from mean exchange rates, and from the renminbi, increase risk. Since the exchange rate regime affects bank behavior and the incentives to hedge, the results broadly support the bank run over the moral ...
Goyal, Ashima, Agarwal, Ankita
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Modelling of the Exchange Rate Volatility and Uncertainty Impacts on Agriculture Import: Evidence from Iran [PDF]
مجله توسعه و سرمایه, 2022 Objective: Although most business models argue that exchange rate volatility increase uncertainty and risk, thereby reducing trade flows and imports; however, some other studies show the opposite results.
Ehsan Rajabi
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Risks for the Long Run and the Real Exchange Rate [PDF]
Journal of Political Economy, 2011 We propose an equilibrium model that can explain a wide range of international finance puzzles, including the high correlation of international stock markets despite the lack of correlation of fundamentals. We conduct an empirical analysis of our model, which combines cross-country-correlated long-run risk with Epstein and Zin (1989) preferences, using
Colacito, Riccardo, Croce, Mariano M.
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A study on exchange rate risk through lagged predictors, market risk and financial sector indicators: Time series analysis from Kuwait [PDF]
Management Science Letters, 2019 This paper investigates the impact of lagged-exchange rate along with market risk and financial sector indicators on country risk in Kuwait. For this purpose, time series analyses both in aggregated and disaggregated approach are conducted along with the
Ahmed Nahar Al Hussaini
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KRW/USD Exchange Rate Volatility and Efficient Risk Management
East Asian Economic Review, 1999 This thesis analyzes the relationship between the exchange rate of Korean Won and US dollar and the amount of foreign exchange, and studies the direction of the amendment of the risk control of foreign exchange.
Sang-Yong Joo +2 more
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Exchange Rate Risk and the Macroeconomics of Exchange Rate Determination [PDF]
, 1980 This chapter addresses the question of what contribution finance theory can make to an explanation of exchange rate movements. It is an attempt to integrate ideas of finance theory such as portfolio diversification, efficiency, rationality,and use of information in a reasonably eclectic macroeconomic model and to study in that broadened context the ...
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Asymmetric Effects of Won Exchange Rate Changes
East Asian Economic Review, 2002 This paper analyses an asymmetric effect of exchange rate change to the unit price of export and import indices and domestic price. Using regressions and impulse response analyses, I found that obvious asymmetric effects exist in most of the relevant ...
Seungho Lee
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Exchange Rate Risk Analysis Based on Firm Data: A Global Value Chain Perspective
Discrete Dynamics in Nature and Society, 2020 This paper investigates whether firms’ participation in the global value chain (GVC) weakens the exchange rate risk and its mechanism. Based on Powers and Riker’s (2013) expanding exchange rate risk model, this paper matches data from China’s refined ...
Mimi Ning, Jianhong Qi
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How Efficient is the Foreign Exchange Market? [PDF]
Athens Journal of Business & Economics, 2018 In this paper, we try to measure the degree of efficiency in the foreign exchange market by using four exchange rates ($/€, $/£, C$/$, and ¥/$). Different theoretical models are applied, like the random walk hypothesis, the unbiased forward rate ...
Ioannis N. Kallianiotis
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Foreign currency invoicing of domestic transactions as a hedging strategy: evidence for Uruguay
Journal of Applied Economics, 2019 This study is an empirical analysis of the factors associated with the use of the US dollar for the invoicing of domestic transactions, which is a common practice of Uruguayan firms. Using a novel dataset we find that both the input and debt structure of
Gerardo Licandro, Miguel Mello
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