... Publishing Limited Licensed re-use rights only 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 effective exchange rates of Canada, Mexico...

... 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...

... Publishing Limited 2010 Exchange rates Economic processes Foreign exchange Trade In the era of floating exchange rates, the effects of currency appreciations and depreciations on trade flows have been closely studied. One particular topic of interest is the so‐called “J‐curve” effect...

... correlated. Germana Corrado can be contacted at: corrado@uniroma2.it © Emerald Group Publishing 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...

... 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...

... in Egypt given the state of its financial market. © MCB UP Limited 2001 Foreign exchange Demand Currencies Monetarism The only previous attempt at an empirical investigation of the magnitude and determinants of Egyptian private sector holdings of foreign currency denominated...

... accounting Current assets Debt Foreign exchange Inflation Current account (im)balances (CABs) have widened appreciably in many OECD countries since the early 1980s, attracting the attention of both domestic and international policymakers (e.g. see Fieleke, 1989 ; IMF, 1990). Moreover, CABs can...

...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...