Results 191 to 200 of about 223,474 (219)

Foreign Exchange Dynamics, Debt and the ‘Peso Problem’

1994
Located next to the largest economy of the world, Mexico – the second largest Latin American nation – has been experiencing a process of painful adjustments for over a decade and half. Its financial woe owing to its gargantuan foreign debt, intractable rates of inflation and plummeting value of the peso has brought about real and fundamental economic ...
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The ‘peso problem’ in testing the efficiency of forward exchange markets

Journal of Monetary Economics, 1980
Abstract In this paper we argue that when there is small probability of an event which would cause a large change in an exchange rate, the standard tests for the efficiency of the corresponding forward exchange market are not always valid. The mark pound forward market during the German hyperinflation is cited as an example.
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Non-explicit FOREX intervention: The role of the Central Reserve Bank in a dollarized economy and its effects on expectations from the “peso problem” perspective: The case of Peru

Journal of Business Research, 2014
Abstract We use the Markov-switching model based on Hamilton (1990) among others. The non-explicit intervention of the Central Reserve Bank changes the expectations of economic agents. This change in expectations clearly shows that the public is aware of non-explicit interventions in a dollarized economy and said interventions have been altering the ...
Cesar A. Fuentes, Ronald Rios
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Die Erfassung epilepsiebezogener Probleme bei Menschen in Behinderteneinrichtungen mit dem PESOS-Fragebogen

Zeitschrift für Medizinische Psychologie, 2004
Objectives: So far, there is little research in individuals with a diagnosis of epilepsy and minor cognitive impairment on cognitions related to their illness. In the Bethel center for epilepsy patients, we developed the PESOS questionnaire that addresses the perception of illness related problems as an aspect of the patients’ quality of life ...
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Macroeconomic effects of looming policy shifts: Non-falsified expectations and Peso problems [PDF]

, 1998
Using a standard model as a basis, we analyse the rational expectations macroeconomic equilibrium for an open economy with flexible exchange rates, in which expectations are affected by a percieved possibility of discrete shifts in monetary policy.These discrete shifts are modelled as possible jumps in the money supply process, which is otherwise a ...
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Looking Behind the U. K.Term Structure: Were there Peso Problems in Inflation? [PDF]

, 1998
This paper develops and estimates a general equilibrium model for the term structures of nominal and real interest rates that incorporates regime-switching into the dynamics ofthe state variables. The model generates time-varying risk premia via changes in the covariance structure of the state variables and Peso problems through regime- switching. When
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Simulating the effects of imperfect credibility: How does the Peso problem affect the real economy? [PDF]

, 1998
In this paper we analyse the macroeconomic effects of peso problems by simulating numerically a small-scale rational expectations macromodel.The model is a conventional IS-LM-AS model of an open economy under floating exchange rates.The peso problem has been incorporated in the model by assuming that the money supply process entails a small but nonzero
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The peso problem and dollar hegemony under inflation targeting

Review of Keynesian Economics, 2022
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Peso Problem

2008
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Flax equals linoil equals pesos equals problems

Journal of the American Oil Chemists' Society, 1962
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