Author: Steven Dinkin
Publisher: CRC Press
ISBN: 1466503025
Category : Business & Economics
Languages : en
Pages : 134
Get Book Here
Book Description
This book introduces a process called The Exchange that will make ones job easier. It is about the kinds of conflicts that drive a manager or supervisor crazy. The book is intended for the designated problem solvers, whether official or unofficial.
Author: Paul De Grauwe
Publisher: Princeton University Press
ISBN: 9780691121635
Category : Business & Economics
Languages : en
Pages : 234
Get Book Here
Book Description
This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is based on trial and error and is probably the best possible strategy in an uncertain world, the authors contend. It creates a rich dynamic in the foreign exchange markets and can generate bubbles and crashes. Sensitivity to initial conditions is a pervasive force in De Grauwe and Grimaldi's model. It explains why large exchange-rate changes and volatility clustering occur. It also has important implications for understanding how the news affects the exchange rate. De Grauwe and Grimaldi conclude that news in fundamentals has an unpredictable effect on the exchange rate. Sometimes, they maintain, it alters the exchange rate considerably; at other times it has no effectwhatsoever. The authors also use their model to analyze the effects of official interventions in the foreign exchange market. They show that simple intervention rules of the "leaning-against-the-wind" variety can be effective in eliminating bubbles and crashes in the exchange rate. They further demonstrate how, quite paradoxically, by intervening in the foreign exchange market the central bank makes the market look more efficient. Clear and comprehensive, The Exchange Rate in a Behavioral Finance Framework is a must-have for analysts in foreign exchange markets as well as students of international finance and economics.
Author: United States. Congress. House. Committee on Resources
Publisher:
ISBN:
Category : Land titles
Languages : en
Pages : 6
Get Book Here
Book Description
Author: G. E. Boyd
Publisher:
ISBN:
Category : Ion exchange
Languages : en
Pages : 28
Get Book Here
Book Description
Author: Elden C. Whipple (Jr)
Publisher:
ISBN:
Category : Atmospheric electricity
Languages : en
Pages : 32
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 260
Get Book Here
Book Description
Author: United States. Veterans Administration
Publisher:
ISBN:
Category : Medicine
Languages : en
Pages : 204
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Communication in medicine
Languages : en
Pages : 168
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 272
Get Book Here
Book Description
Author: John Williamson
Publisher: Peterson Institute
ISBN: 9780881322316
Category : Business & Economics
Languages : en
Pages : 204
Get Book Here
Book Description
This study examines in detail the experiences of three countries that have in recent years operated exchange rate systems of "crawling bands," similar in spirit to the target zones that the author has recommended in the past. Williamson compares the succcessful experiences of 3 countries that have operated crawling bands with 15 similar countries and concludes that the crawling band exchange-rate policy has been an important element in their success. The study includes a manual for managing crawling bands.
