... is needed, in contrast, between these countries and Denmark, Italy, and the UK.” (p. 236). NAFTA Foreign exchange Synchronization Cointegration Asymmetric adjustment F15 F31 F33 F44 This study investigates synchronization by analyzing the short- and long-run dynamics of the real...

... markets, e.g. (1) Contagious disease outbreak news matters for the equity, commodity, and foreign exchange markets – empirical outcome validates the theory of market efficiency valid for the Options. (2) Option's implied volatility is the best indicator of investor fear measured for the unprecedented...

... is in terms of collecting the literature together and presenting it in one single paper. Mohsen Bahmani‐Oskooee can be contacted at: bahmani@uwm.edu © Emerald Group Publishing Limited 2010 Exchange rates Economic processes Foreign exchange Trade In the era of floating exchange rates...

... Limited 2008 Currency options Foreign exchange Free market economy In today's research agenda the analysis of the pros and cons of dollarization is one of the most relevant and debated issues. A part from the case of full or official dollarization, which implies that countries...

... by large corruptible bureaucracies. A tax on foreign‐exchange payments avoids these drawbacks. It is transparent, inexpensive to set up and operate, administratively lean, and easy to adjust. A Tobin tax in effect, it is enforceable even when applied unilaterally. Now suppose ThaiBank telephones NYBank...

..., it is not likely to be a problem in Egypt given the state of its financial market. © MCB UP Limited 2001 Foreign exchange Demand Currencies Monetarism The positive effect of wealth (W) on all assets reflects the assumption that all assets are normal. With respect to expected devaluation...

... . Sinn , S. (1990), Net External Asset Positions of 145 Countries , Institut für Weltwirtschaft an der Universität , Kiel . © MCB UP Limited 1995 Australia Capital accounting Current assets Debt Foreign exchange Inflation Current account (im)balances (CABs) have widened...

...Stilianos Fountas Models fiscal policy interactions between fiscal authorities and private investors in the foreign exchange market in a game‐theoretic framework. Using a two‐period game, I consider the credible and noncredible announcements of the domestic fiscal authority with respect...

... of capital mobility. © MCB UP Limited 1992 Balance of payments Currencies Devaluation Foreign exchange Economics Journal of Economic Studies 19,4 48 Do Self-fulfilling Expectations of Currency Devaluation Improve the Balance of Payments? Ching-chong Lai Sun Yat-Sen Institutefor Social...

...Pierre‐Richard Agénor Develops and tests a monetary model of the parallel market for foreign exchange which incorporates forward‐looking expectations and currency substitution features. Econometric results using quarterly data for a group of 12 developing countries show that changes in official...

... that the production loss of negative value‐added comprises two elements – the foreign exchange loss and the domestic resource loss. These losses are geo‐metrically identified in the general equilibrium model. This analysis departs from earlier ones, however, in that the intermediate input is treated as an exportable...