Author: J. T. Kneeshaw
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 76
Book Description
International Interest Rate Relationships
Author: J. T. Kneeshaw
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 76
Book Description
International Interest Rate Relationships
Author: Helmut W. Mayer
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 67
Book Description
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 67
Book Description
Essays in International Money and Finance
Author: James R Lothian
Publisher: World Scientific
ISBN: 9813148314
Category : Business & Economics
Languages : en
Pages : 820
Book Description
The aim of the book is to make the author's scholarly research in the areas of international finance and monetary economics easily accessible to other researchers and students. The articles included in the book span a wide range. The topics include the behavior of the three key relations in international finance, purchasing power parity, interest rate parity and real interest rate equality, the relation between money and other key economic variables, financial globalization and the transmission of economic disturbances internationally.
Publisher: World Scientific
ISBN: 9813148314
Category : Business & Economics
Languages : en
Pages : 820
Book Description
The aim of the book is to make the author's scholarly research in the areas of international finance and monetary economics easily accessible to other researchers and students. The articles included in the book span a wide range. The topics include the behavior of the three key relations in international finance, purchasing power parity, interest rate parity and real interest rate equality, the relation between money and other key economic variables, financial globalization and the transmission of economic disturbances internationally.
Monetary Trends in the United States and the United Kingdom
Author: Milton Friedman
Publisher: University of Chicago Press
ISBN: 0226264254
Category : Business & Economics
Languages : en
Pages : 697
Book Description
The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to the United States but includes comparable data for the United Kingdom.
Publisher: University of Chicago Press
ISBN: 0226264254
Category : Business & Economics
Languages : en
Pages : 697
Book Description
The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to the United States but includes comparable data for the United Kingdom.
International interest-rate and price-level linkages under flexible exchange rates : a review of recent evidence
Author: Robert Cumby
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 38
Book Description
"In an open economy, the scope for activist stabilization policy depends on the nature of the linkages between domestic and international markets for goods and assets. Two important relationships--purchasing power parity and uncovered interest-rate parity--have received extensive empirical attention in recent years and are fundamental building blocks of several empirical ex- change rate models. This paper reviews and extends recent econometric findings on these two classical parity relationships and on their corollary, the international equality of expected real interest rates. Econometric tests assuming rationality of expectations are on the whole unfavorable to the classical parity relationships: with few exceptions, they are strongly rejected. A central theme in the review of empirical work is the conditional heteroskedasticity of inflation and exchange rate forecast errors and the bias this statistical problem may impart to tests of inter- national parity relationships. The paper proposes and implements a test for conditional heteroskedasticity which in many cases produces strong evidence that the problem is indeed important"--NBER website.
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 38
Book Description
"In an open economy, the scope for activist stabilization policy depends on the nature of the linkages between domestic and international markets for goods and assets. Two important relationships--purchasing power parity and uncovered interest-rate parity--have received extensive empirical attention in recent years and are fundamental building blocks of several empirical ex- change rate models. This paper reviews and extends recent econometric findings on these two classical parity relationships and on their corollary, the international equality of expected real interest rates. Econometric tests assuming rationality of expectations are on the whole unfavorable to the classical parity relationships: with few exceptions, they are strongly rejected. A central theme in the review of empirical work is the conditional heteroskedasticity of inflation and exchange rate forecast errors and the bias this statistical problem may impart to tests of inter- national parity relationships. The paper proposes and implements a test for conditional heteroskedasticity which in many cases produces strong evidence that the problem is indeed important"--NBER website.
Handbook of the International Political Economy of Monetary Relations
Author: Thomas Oatley
Publisher: Edward Elgar Publishing
ISBN: 0857938371
Category : Business & Economics
Languages : en
Pages : 507
Book Description
This extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, t
Publisher: Edward Elgar Publishing
ISBN: 0857938371
Category : Business & Economics
Languages : en
Pages : 507
Book Description
This extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, t
Did Quantitative Easing Affect Interest Rates Outside the US?
Author: Ansgar Belke
Publisher:
ISBN: 9783867886963
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9783867886963
Category :
Languages : en
Pages :
Book Description
The Long-Run Relationship Between Real Exchange Rates and Real Interest Rate Differentials
Author: Mr.Jun Nagayasu
Publisher: International Monetary Fund
ISBN: 1451845553
Category : Business & Economics
Languages : en
Pages : 13
Book Description
This paper empirically examines the long-run relationship between real exchange rates and real interest rate differentials over the recent floating exchange rate period, using a panel cointegration method, with data for a set of industrialized countries. The paper finds evidence of statistically significant long-run relationships and plausible point estimates, which contrasts with much existing evidence. The failure of others to establish such relationships may reflect the estimation method they use rather than any inherent deficiency of the fundamentals-based models.
Publisher: International Monetary Fund
ISBN: 1451845553
Category : Business & Economics
Languages : en
Pages : 13
Book Description
This paper empirically examines the long-run relationship between real exchange rates and real interest rate differentials over the recent floating exchange rate period, using a panel cointegration method, with data for a set of industrialized countries. The paper finds evidence of statistically significant long-run relationships and plausible point estimates, which contrasts with much existing evidence. The failure of others to establish such relationships may reflect the estimation method they use rather than any inherent deficiency of the fundamentals-based models.
The international bond market
Author: Sami Geadah
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 119
Book Description
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 119
Book Description
Exchange Rate Theory and Practice
Author: John F. Bilson
Publisher: University of Chicago Press
ISBN: 0226050998
Category : Business & Economics
Languages : en
Pages : 542
Book Description
This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.
Publisher: University of Chicago Press
ISBN: 0226050998
Category : Business & Economics
Languages : en
Pages : 542
Book Description
This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.