Download or read book Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets written by Robert J. Hodrick and published by CRC Press. This book was released on 2023-08-18 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a critical review of the empirical literature that studies the efficiency of the forward and futures markets for foreign exchange. It provides a useful foundation for research in developing quantitative measures of risk and expected return in international finance.

Download or read book The Foreign Exchange Market of London written by John Atkin and published by Routledge. This book was released on 2004-10-14 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Exchange is big business in the City of London. At the last official count, turnover on the London foreign exchange market averaged a staggering $504 billion a day. No other financial centre in the world even comes close to matching this total. Thirty one per cent of global foreign exchange activity takes place in the United Kingdom, compared with only sixteen per cent in the United States and nine per cent in Japan. However, this has not always been so. A hundred years ago, the London foreign exchange market played second fiddle to more important centres in New York, Paris and Berlin. This book charts the inexorable rise of foreign exchange in London over the past century and is the first full-length study of this amazing transformation.

Download or read book Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance written by Olgu, Özlem and published by IGI Global. This book was released on 2014-11-30 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has called to attention the importance of financial development to economic growth as modern countries continue to struggle with debt, unemployment, and slow growth. However, a lack of agreement on how to define and measure financial development slows the development of global financial systems and markets. The Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance creates a common framework for not only identifying but discussing the key factors in establishing a strong global market and financial system. This book will be a valuable reference for those interested in an in-depth understanding of the financial markets and global finance, including academics, professionals, and government agencies and institutions.

Download or read book International Business Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2016-03-17 with total page 2441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business transactions and partnerships across borders have become easier than ever due to globalization and global digital connectivity. As part of this shift in the business sphere, managers, executives, and strategists across industries must acclimate themselves with the challenges and opportunities for conducting business globally. International Business: Concepts, Methodologies, Tools, and Applications presents the latest research innovations focusing on cross-cultural communications and training, international relations, multinational enterprises, outsourcing, international business strategies, and competitive advantage in the global marketplace. This publication is an exhaustive multi-volume work essential to academic and corporate libraries who serve researchers, scholars, business executives and professionals, and graduate-level business students.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1986 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 1986-08-01 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes developments in the international exchange rate and restrictive systems. The period covered by this report is 1985 and, for major developments, the first quarter of 1986. The report highlights that a salient feature of exchange rate developments in 1985 was the weakening of the U.S. dollar, following four consecutive years of appreciation. As a result, the currencies of most of the other major industrial countries appreciated against the U.S. dollar and in nominal effective terms.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1987 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 1987-08-03 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses developments in the international exchange rate and restrictive systems. The period covered by this report is 1986 and, for major developments, the first quarter of 1987. The report highlights that in 1986, protectionist pressures for trade restrictions in the industrial countries continued to be fueled by large and widening bilateral trade imbalances, persistently high levels of unemployment, and a widespread slowing of economic growth. In spite of continued resistance by some governments, quantitative restrictions were tightened in many industrial countries. There were nevertheless several positive developments in the trade and exchange system.

Download or read book Strained Relations written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2015-03-02 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.

Download or read book International Parity Conditions written by Razzaque H. Bhatti and published by Springer. This book was released on 2016-07-27 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries. The book falls into three parts dealing with the theory, methods of econometric testing and existing empirical evidence. Although it is intended to provide a consensus view on the subject, the authors also make some controversial propositions, particularly on the purchasing power parity conditions.

Download or read book Unit Roots Cointegration and Structural Change written by G. S. Maddala and published by Cambridge University Press. This book was released on 1998 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of unit roots, cointegration and structural change from a best-selling author.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions written by International Monetary Fund and published by . This book was released on 1988 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Japanese Yen as an International Currency written by Mr.George S. Tavlas and published by International Monetary Fund. This book was released on 1991-01-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen’s use in international finance; however, the implications for the yen’s use in international trade are mixed. It is also shown that, despite Japan’s emergence as the world’s largest net creditor nation, Japan’s capital outflows have not significantly facilitated the yen’s internationalization. Data are presented showing that, although the yen’s use as an international currency has increased, it is still rather modest. Wider use of the yen as a regional currency in Asia has occurred, though a “yen-zone” does not appear to be emerging.

Download or read book Policies for Developing Foreign Exchange Markets Occ Paper No 60 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-06-16 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes and analyzes forward market systems with varying degrees of sophistication, and it assesses them from the viewpoint of a smaller industrial or developing country asking itself how it could institute such a system, or how it could further develop an existing system in a way consistent with its institutional and macroeconomic structure. All industrial countries except Iceland now have forward exchange markets in which the rate is determined by the market. Forward markets that have been liberalized in several countries in the 1980s have matured quickly. There are several variants of market-determined systems which could be envisaged. An auction market could be devised for forward transactions, but is unlikely to be practical, because the supply of forward exchange probably may not be determined in advance sufficiently accurately. As the last stage of its development, the market could be extended from underlying commercial transactions to forward transactions of a purely financial character, a process that is taking place in most of the few industrial countries that have retained regulated forward systems. Development of a forward market is not a panacea for incorrect financial policies. In fact, cultivation of the market will require the adoption and maintenance of realistic financial policies.

Download or read book Multinational Finance written by Adrian Buckley and published by Prentice Hall PTR. This book was released on 1996 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised edition provides illustrated coverage of the concepts of financing and investment decisions in an international context, and their application to a broad range of practical issues. It includes improved teaching, learning and assessment feature

Download or read book Financial Market Trends written by and published by . This book was released on 1991 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book IMF Survey written by International Monetary Fund and published by . This book was released on 1983 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book New England Business Review written by and published by . This book was released on 1962 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Currency Review written by and published by . This book was released on 1972 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: