Search Results - subject:"Economic fundamentals"

Alquist, Ron; Kilian, Lutz; Vigfusson, Robert J. - In: Handbook of Economic Forecasting : volume 2, part A, (pp. 427-507). 2013

We address some of the key questions that arise in forecasting the price of crude oil. What do applied forecasters need to know about the choice of sample period and about the tradeoffs between alternative oil price series and model specifications? Are real and nominal oil prices predictable...

Persistent link: https://www.econbiz.de/10014025541

Reexamining the relationships between stock prices and exchange rates in ASEAN-5 using panel Granger causality approach

Liang, Chin Chia; Lin, Jeng-bau; Hsu, Hao-cheng - In: Economic modelling 32 (2013), pp. 560-563

Persistent link: https://www.econbiz.de/10009762025

Exchange rate pass-through and inflation dynamics in Tunisia : a Markov-switching approach

Khemiri, Rim; Ali, Mohamed Sami Ben - 2013

This paper studies the effect of exchange rate pass-through on inflation in Tunisia for the period 2001 to 2009. The objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov-switching approach, the authors identified two main regimes for...

Persistent link: https://www.econbiz.de/10010223028

Permanent vs Transitory Components and Economic Fundamentals

Garratt, Anthony; Robertson, Donald; Wright, Stephen - Birkbeck, Department of Economics, Mathematics & Statistics - 2005

Any non-stationary series can be decomposed into permanent (or "trend") and transitory (or "cycle") components. Typically some atheoretic pre-filtering procedure is applied to extract the permanent component. This paper argues that analysis of the fundamental underlying stationary economic...

Persistent link: https://www.econbiz.de/10005509631

The Scapegoat Theory of Exchange Rates: The First Tests

Fratzscher, Marcel; Sarno, Lucio; Zinna, Gabriele - C.E.P.R. Discussion Papers - 2012

. This theory suggests that market participants may at times attach significantly more weight to individual economic … fundamentals to rationalize the pricing of currencies, which are partly driven by unobservable shocks. Using novel survey data …

Persistent link: https://www.econbiz.de/10011084052

Economic Fundamentals or Financial Panic? An Empirical Study on the Origins of the Asian Crisis

Miyao, Ryuzo - Research Institute for Economics and Business … - 2004

The existing discussions about the origins of the Asian crisis can be summarized into two broad views: the "economic … fundamentals" view and the "financial panic" view. This paper attempts to distinguish between these two views empirically by … capital inflows took place and external liabilities of the economy became unsustainable. This suggests that poor economic …

Persistent link: https://www.econbiz.de/10005489471

Equilibrium exchange rate and exchange control level: an empirical analysis using a time-series cointegration VAR model (the case of Tunisia)

Ben M'Barek Hassene; Hager, Ben Romdhane - In: International Journal of Financial Services Management 5 (2011) 1, pp. 21-33

and economic fundamentals. One of the instruments that allowed us to capture the instability of these coefficients is the …

Persistent link: https://www.econbiz.de/10011130064

THE EMERGENCE OF INNOVATION-BASED WIRELESS CLUSTERS: QUALITY AND TIMING MATTER

NIEMINEN, JORMA - In: International Journal of Innovation Management (ijim) 15 (2011) 06, pp. 1271-1295

This study compares the emergence of four wireless clusters in the 1970s and 1980s. Two of them, Calgary in Canada and Finland, initially pursued rather similar service innovations for not very different markets but with very different outcomes, which raises the question why. One major reason...

Persistent link: https://www.econbiz.de/10009364764

EXCHANGE RATE DETERMINATION OF TL/US$:A CO-INTEGRATION APPROACH

KORAP, Levent - In: Istanbul University Econometrics and Statistics e-Journal 7 (2008) 1, pp. 24-50

exchange rate determination based on economic fundamentals and then construct an empirical model revealing both long …

Persistent link: https://www.econbiz.de/10005012088

Exchange Rates and Fundamentals: Footloose or Evolving Relationship?

Sarno, Lucio; Valente, Giorgio - C.E.P.R. Discussion Papers - 2008

Using novel real-time data on a broad set of economic fundamentals for five major US dollar exchange rates over the …

Persistent link: https://www.econbiz.de/10005123971