Author: Mr.Ravi Balakrishnan
Publisher: International Monetary Fund
ISBN: 1498348416
Category : Business & Economics
Languages : en
Pages : 47
Book Description
We investigate the drivers of dynamics of major U.S. FX bilaterals. We first construct a novel measure of FX risk premiums using Consensus exchange rate forecasts. We then use VAR analysis to show that (i) risk premium shocks play a key role in driving dynamics of the major U.S. FX bilaterals; (ii) longer-term interest differentials also matter, especially for the Canadian $ and the Euro; (iii) oil price shocks play a particularly important role for the Canadian $ (an oil exporter); and (iv) risk appetite shocks (e.g., VIX shocks) generally lead to U.S. dollar appreciation. The importance of risk premium and longer-term interest differential shocks fit well with a simple theoretical model and are supported by recent event studies.
U.S. Dollar Dynamics
Author: Mr.Ravi Balakrishnan
Publisher: International Monetary Fund
ISBN: 1498348416
Category : Business & Economics
Languages : en
Pages : 47
Book Description
We investigate the drivers of dynamics of major U.S. FX bilaterals. We first construct a novel measure of FX risk premiums using Consensus exchange rate forecasts. We then use VAR analysis to show that (i) risk premium shocks play a key role in driving dynamics of the major U.S. FX bilaterals; (ii) longer-term interest differentials also matter, especially for the Canadian $ and the Euro; (iii) oil price shocks play a particularly important role for the Canadian $ (an oil exporter); and (iv) risk appetite shocks (e.g., VIX shocks) generally lead to U.S. dollar appreciation. The importance of risk premium and longer-term interest differential shocks fit well with a simple theoretical model and are supported by recent event studies.
Publisher: International Monetary Fund
ISBN: 1498348416
Category : Business & Economics
Languages : en
Pages : 47
Book Description
We investigate the drivers of dynamics of major U.S. FX bilaterals. We first construct a novel measure of FX risk premiums using Consensus exchange rate forecasts. We then use VAR analysis to show that (i) risk premium shocks play a key role in driving dynamics of the major U.S. FX bilaterals; (ii) longer-term interest differentials also matter, especially for the Canadian $ and the Euro; (iii) oil price shocks play a particularly important role for the Canadian $ (an oil exporter); and (iv) risk appetite shocks (e.g., VIX shocks) generally lead to U.S. dollar appreciation. The importance of risk premium and longer-term interest differential shocks fit well with a simple theoretical model and are supported by recent event studies.
Dynamic Diva Dollars
Author: Elon Bomani
Publisher: the dynamic diva
ISBN: 9780978828813
Category : Business & Economics
Languages : en
Pages : 200
Book Description
A Diva knows the truth. There is no scarcity, lack nor limitation. She lives in an abundant, prosperous world with unlimited possibilities. She chooses to connect to the source for all of her desire and just by a mere wish, she can fly! This is no ordinary how-to financial book. The answer to your wealth is right here at your finger tips. This book shows you how to solve many of your money woes and build wealth beyond your imagination. There is a financial Diva inside of you ready to come out. Here is your easy step by step guide to becoming a millionaire. You will learn time-tested secrets that will help you get your financial act together; manifest a fortune; and make a difference in the world with the money you make.
Publisher: the dynamic diva
ISBN: 9780978828813
Category : Business & Economics
Languages : en
Pages : 200
Book Description
A Diva knows the truth. There is no scarcity, lack nor limitation. She lives in an abundant, prosperous world with unlimited possibilities. She chooses to connect to the source for all of her desire and just by a mere wish, she can fly! This is no ordinary how-to financial book. The answer to your wealth is right here at your finger tips. This book shows you how to solve many of your money woes and build wealth beyond your imagination. There is a financial Diva inside of you ready to come out. Here is your easy step by step guide to becoming a millionaire. You will learn time-tested secrets that will help you get your financial act together; manifest a fortune; and make a difference in the world with the money you make.
Deforestation in Ghana
Author: Michael S. Asante
Publisher: University Press of America
ISBN: 9780761822974
Category : Business & Economics
Languages : en
Pages : 294
Book Description
Deforestation in Ghana is a research-based analytical study that explains the disconnect between the declared deforestation policy intentions and their outcomes in Ghana. Intended as a case study of the renewable resources policy process in developing economies, this book provides complete information and clarification about the phenomenon of continued deforestation in Ghana in spite of the long history of policies and actions to control it. Author Michael Asante's detailed in-depth analysis of historical, political, economic, and cultural factors and events fully explain the unending destruction of the forests in Ghana. He provides experts, students, and all others with rational, practical answers and recommendations for this lingering problem.
Publisher: University Press of America
ISBN: 9780761822974
Category : Business & Economics
Languages : en
Pages : 294
Book Description
Deforestation in Ghana is a research-based analytical study that explains the disconnect between the declared deforestation policy intentions and their outcomes in Ghana. Intended as a case study of the renewable resources policy process in developing economies, this book provides complete information and clarification about the phenomenon of continued deforestation in Ghana in spite of the long history of policies and actions to control it. Author Michael Asante's detailed in-depth analysis of historical, political, economic, and cultural factors and events fully explain the unending destruction of the forests in Ghana. He provides experts, students, and all others with rational, practical answers and recommendations for this lingering problem.
The Dynamic Relationship Between the Dollar and U.S. Prices
Author: Paul D. Koch
Publisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 80
Book Description
Publisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 80
Book Description
Cooperative Rural Credit Pamphlets
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 376
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 376
Book Description
Compilation of [Senate and House] Documents [of 62nd Congress] on Agricultural Credit Banks. 00
Author: United States. Congress
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 254
Book Description
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 254
Book Description
Dynamic Modelling and Control of National Economies 1989
Author: N.M. Christodoulakis
Publisher: Elsevier
ISBN: 1483298825
Category : Business & Economics
Languages : en
Pages : 599
Book Description
The Symposium aimed at analysing and solving the various problems of representation and analysis of decision making in economic systems starting from the level of the individual firm and ending up with the complexities of international policy coordination. The papers are grouped into subject areas such as game theory, control methods, international policy coordination and the applications of artificial intelligence and experts systems as a framework in economic modelling and control. The Symposium therefore provides a wide range of important information for those involved or interested in the planning of company and national economics.
Publisher: Elsevier
ISBN: 1483298825
Category : Business & Economics
Languages : en
Pages : 599
Book Description
The Symposium aimed at analysing and solving the various problems of representation and analysis of decision making in economic systems starting from the level of the individual firm and ending up with the complexities of international policy coordination. The papers are grouped into subject areas such as game theory, control methods, international policy coordination and the applications of artificial intelligence and experts systems as a framework in economic modelling and control. The Symposium therefore provides a wide range of important information for those involved or interested in the planning of company and national economics.
The Impact of the Strong Euro on the Real Effective Exchange Rates of the Two Francophone African CFA Zones
Author: Ali Zafar
Publisher: World Bank Publications
ISBN:
Category : Euro
Languages : en
Pages : 33
Book Description
"The author estimates the degree of misalignment of the CFA franc since the introduction of the euro in 1999. Using a relative purchasing power parity-based methodology, he develops a monthly panel time series dataset for both the Economic and Monetary Community of Central Africa (CEMAC) zone and the West African Economic and Monetary Union (UEMOA) zone to compute a trade-weighted real effective exchange rate indexed series from January 1999 to December 2004. The author's main finding is that the real effective exchange rate appreciated by close to 8 percent in UEMOA and 7 percent in CEMAC, influenced by volatility in the euro-dollar bilateral exchange rate and conservative monetary policies in the two zones, resulting in a partial loss of competitiveness in export markets. The lower appreciation in Central Africa can be explained by lower inflation in CEMAC than in UEMOA and by the greater trade with higher inflation East Asian countries, partially offset by the peg to the dollar. However, the inclusion of "unrecorded trade" results in an appreciation of only 6 percent in the UEMOA zone and 6 percent in the CEMAC zone due to higher inflation in the two countries with unmonitored cross-border flows, Ghana and Nigeria. Using time series econometrics, an Engle-Granger two stage procedure for cointegration, and an error correction framework, a single equation modeling of the real exchange rate from 1970 to 2005 as a function of terms of trade, economic openness, aid inflows, and a dummy representing the 1994 devaluation, the author finds little statistical evidence of a long-run equilibrium exchange rate that is a vector of economic fundamentals. The dummy explains most of the real exchange rate behavior in the two zones, while openness in UEMOA has contributed to an appreciation of the real effective exchange rate. "--World Bank web site.
Publisher: World Bank Publications
ISBN:
Category : Euro
Languages : en
Pages : 33
Book Description
"The author estimates the degree of misalignment of the CFA franc since the introduction of the euro in 1999. Using a relative purchasing power parity-based methodology, he develops a monthly panel time series dataset for both the Economic and Monetary Community of Central Africa (CEMAC) zone and the West African Economic and Monetary Union (UEMOA) zone to compute a trade-weighted real effective exchange rate indexed series from January 1999 to December 2004. The author's main finding is that the real effective exchange rate appreciated by close to 8 percent in UEMOA and 7 percent in CEMAC, influenced by volatility in the euro-dollar bilateral exchange rate and conservative monetary policies in the two zones, resulting in a partial loss of competitiveness in export markets. The lower appreciation in Central Africa can be explained by lower inflation in CEMAC than in UEMOA and by the greater trade with higher inflation East Asian countries, partially offset by the peg to the dollar. However, the inclusion of "unrecorded trade" results in an appreciation of only 6 percent in the UEMOA zone and 6 percent in the CEMAC zone due to higher inflation in the two countries with unmonitored cross-border flows, Ghana and Nigeria. Using time series econometrics, an Engle-Granger two stage procedure for cointegration, and an error correction framework, a single equation modeling of the real exchange rate from 1970 to 2005 as a function of terms of trade, economic openness, aid inflows, and a dummy representing the 1994 devaluation, the author finds little statistical evidence of a long-run equilibrium exchange rate that is a vector of economic fundamentals. The dummy explains most of the real exchange rate behavior in the two zones, while openness in UEMOA has contributed to an appreciation of the real effective exchange rate. "--World Bank web site.
Industrial Dynamics
Author: B. Carlsson
Publisher: Springer Science & Business Media
ISBN: 9400910754
Category : Education
Languages : en
Pages : 321
Book Description
This book is based on the papers presented at a conference on "New Issues in Industrial Economics" held at Case Western Reserve University, Cleveland, Ohio, June 8-10, 1987. The conference was organized by the Research Program in Industrial Economics (RPIE) in the Department of Economics at CWRU and was sponsored by The Cleveland Foundation, the Eaton Corporation, and The Standard Oil Company (later renamed BP America, Inc.). Their generous support is gratefully acknowledged. All of the papers have been revised, in several cases extensively, since their presentation at the conference. One of the primary reasons for organizing the conference was the concern that Industrial Economics has become too narrowly focused in most academic programs, largely being confined to Industrial Organization, i.e., issues of public policy towards enterprise with emphasis on antitrust and regulatory policy. This subject definition leaves out a number of interesting and important questions about how industries evolve over time, what the role of technological change (and organizational change) is in that process, and the associated structural changes within industries and firms. The object of this book is to derme these issues and suggest a framework within which they can be analyzed. I would like to thank all the conference participants for their contributions, particularly my colleagues at CWRU, Asim Erdilek and William S. Peirce, without whose encouragement and support the conference would not have taken place.
Publisher: Springer Science & Business Media
ISBN: 9400910754
Category : Education
Languages : en
Pages : 321
Book Description
This book is based on the papers presented at a conference on "New Issues in Industrial Economics" held at Case Western Reserve University, Cleveland, Ohio, June 8-10, 1987. The conference was organized by the Research Program in Industrial Economics (RPIE) in the Department of Economics at CWRU and was sponsored by The Cleveland Foundation, the Eaton Corporation, and The Standard Oil Company (later renamed BP America, Inc.). Their generous support is gratefully acknowledged. All of the papers have been revised, in several cases extensively, since their presentation at the conference. One of the primary reasons for organizing the conference was the concern that Industrial Economics has become too narrowly focused in most academic programs, largely being confined to Industrial Organization, i.e., issues of public policy towards enterprise with emphasis on antitrust and regulatory policy. This subject definition leaves out a number of interesting and important questions about how industries evolve over time, what the role of technological change (and organizational change) is in that process, and the associated structural changes within industries and firms. The object of this book is to derme these issues and suggest a framework within which they can be analyzed. I would like to thank all the conference participants for their contributions, particularly my colleagues at CWRU, Asim Erdilek and William S. Peirce, without whose encouragement and support the conference would not have taken place.
Money in Motion
Author: Ghislain Deleplace
Publisher: Springer
ISBN: 1349245259
Category : Business & Economics
Languages : en
Pages : 770
Book Description
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume by internationally renowned economists cover these issues in original and contrasting analyses, presenting the American post-Keynesian perspective, on the one hand, and the point of view of the French Circulation School, on the other.
Publisher: Springer
ISBN: 1349245259
Category : Business & Economics
Languages : en
Pages : 770
Book Description
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume by internationally renowned economists cover these issues in original and contrasting analyses, presenting the American post-Keynesian perspective, on the one hand, and the point of view of the French Circulation School, on the other.