Download or read book The Relationship Between United States and Foreign Interest Rates written by Anthony Q. Chua and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 1981 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Interest Rates on Foreign Official Time Deposits written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1962 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States and Foreign Interest Rates written by Salomon Brothers and Hutzler and published by . This book was released on 1966 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Price of Money 1946 to 1969 written by Sidney Homer and published by . This book was released on 1969 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Continuation of Higher Interest Rates on Time Deposits of Foreign Official Institutions written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1965 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Higher Interest Rates on Time Deposits of Foreign Governments written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1962 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of an Exchange Rate written by Ralph Johann and published by GRIN Verlag. This book was released on 2008-09 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,3, California State University, Fullerton, course: International Economics, 8 entries in the bibliography, language: English, abstract: This paper will discuss the general relationship between the two major currencies of the world: the US-Dollar and the Euro and the determinants for the exchange rate fluctuations since the introduction of the Euro as the common currency of Europe during the period between January 1999 and November 2005. Since the introduction of the Euro as the common currency of the European Monetary Union (EMU) in 1999 this relationship was first characterized by a sharp depreciation of the Euro followed by a three year lasting appreciation of the same that passed over in a slight depreciation again from the beginning of 2005 in the long run.1 This paper will first focus on the History of the international currency exchange system from the 19th century until the end of the Bretton Woods System in 1973 and on the history of the currency system in the European community. It will then discuss the general determinants of exchange rates in the short and long run. It will be pointed out that in the short run interest rate differentials and expectations of international portfolio investors matter and in the long run the economic fundamentals such as inflation rates and GDP growth rates of either economic region are the main factors for the behaviour of the exchange rate. In this context the theories of the Law of one price and the purchasing power parity are introduced. In the third part of the paper the exchange rate theories introduced in the previous part are applied to the -$ exchange rate in the time period between 1999 and 2005. Thus, the short term and long term factors are used to explain the relationship between the two currencies in this period. Finally, the last part serves as a conclusion.
Download or read book The Impact of Foreign Interest Rates on the Economy written by Julian Di Giovanni and published by . This book was released on 2007 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect is centered on countries with fixed exchange rates. The paper then examines the potential channels through which large-country interest rates affect small economies. The direct monetary policy channel is the most likely channel when compared with other possibilities, such as a general capital market effect or a trade effect.
Download or read book Trilemma or Dilemma written by Mr.Luca Antonio Ricci and published by International Monetary Fund. This book was released on 2016-03-23 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the heterogeneous response across countries of local currency interest rates to foreign and domestic factors, thus contributing to the discussion on the policy trilemma in international economics. On average, floaters appear to be less affected by the U.S. in the short run (up to about one year). However, there is large cross-country heterogeneity in the response: floaters that care less about domestic objectives, exhibit stronger fear of floating, or show higher co-cyclicality with the U.S., respond more to foreign rates. This suggests that floating does not necessarily imply a lack of response of local policy rates to foreign ones, but seems to allow independence when needed. Moreover, the effect of foreign rates on the short end of the local interest rate curve seems to operate mainly via the foreign influence on local policy rates, thus suggesting that central banks may be themselves the source of conduit of the “global credit cycle” discussed by Rey (2014). At the same time, most countries face the equivalent of a “Greenspan conundrum” as their long term rates are mainly influenced by foreign factors.
Download or read book Higher Intrest Rates on Time Deposits of Foreign Governments written by United States Congress. House. Banking and Currency Committee and published by . This book was released on 1962 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Interest Rates and the Interest Rate Dilemma for the Developing World written by J. Pierre V. Benoît and published by Greenwood. This book was released on 1986 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major economic dilemma for the developing world--how to achieve interest rate levels that are not inflationary but are high enough to encourage saving and domestic development--is brought into sharp focus by a leading economist with over twenty-five years experience working with third world governments. In this comprehensive analysis of the causes and international consequences of high US interest rates, Benoit thoughtfully considers many factors. Contrasting Islamic and Western banking practices; describing the real causes of the international debt crisis; revealing the strategies of creditor banks, debtor countries and others; and focusing particularly on Third World dependence on US economic health, the author offers an honest appraisal of the extent to which developing countries are responsible for their own predicament. He questions the basic premises underlying US and other aid policies and calls for increased efficiency, honesty, and self-reliance on the part of developing countries.
Download or read book How Well are Fluctuating Exchange Rates Working written by United States. Congress. Joint Economic Committee. Subcommittee on International Economics and published by . This book was released on 1973 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Foreign Interest Rateson the Economy written by Mr.Julian Di Giovanni and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-02-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect is centered on countries with fixed exchange rates. The paper then examines the potential channels through which large-country interest rates affect small economies. The direct monetary policy channel is the most likely channel when compared with other possibilities, such as a general capital market effect or a trade effect.
Download or read book COntinuation of Higher Interest Rates on Time Deposits of Foreign Official Institutions written by United States Congress. House. Banking and Currency Committee and published by . This book was released on 1965 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Foreign Interest Rates on the Economy written by Julian di Giovanni and published by . This book was released on 2012 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is often argued that many economies are affected by conditions in foreign countries. This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high foreign interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect is centered on countries with fixed exchange rates. The paper then examines the potential channels through which major-country interest rates affect other economies. The effect of foreign interest rates on domestic interest rates is the most likely channel when compared with other possibilities, such as a trade effect.
Download or read book U S Economic Relations with Japan written by United States. Congress. Senate. Committee on Foreign Relations and published by . This book was released on 1983 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Monetary Reform written by United States. Congress. House. Committee on Banking and Currency. Subcommittee on International Finance and published by . This book was released on 1974 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
