Directory UMM :Data Elmu:jurnal:M:Multinational Financial Management:Vol10.Issue2.2000:
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by limiting their time horizons and the way in which variances are referenced, run the risk of confusing an initial response of the market to the issue of options which induce
the first vector occurs in two exchanges, but for different types of stocks, the foreign investors seem to use the same information to price B shares in Shenzhen as domestic
A monetary expansion leads to a depreciation in the nominal exchange rate and a deterioration of the terms of trade, which results in an improvement of the trade balance —
It is a well known result in the literature on speculative attacks on fixed exchange rate regimes that uncertainty about the availability of a secondary reserve does not affect
Using a simple model of an open economy that imports a foreign resource input, we show that under discretion the inflationary bias bears an inverse relationship to the elasticity
A rational expectations model with endogenous monetary policy reacting to the exchange rate and the term spread shows that the empirical performance of the expectations hypothesis
Indeed, Grinols transfers constitute, in general, minimum transfers needed to reach the core: when integrating, a country loses profits in foreign markets while gaining consumer
Both experimental survey data and actual behavior in Southern California and Connecticut are evaluated to explore whether people would change their driving behavior in response