Search Results - subject:"Official rate"

Financial stability in small open economy under political uncertainty

Onour, Ibrahim - Volkswirtschaftliche Fakultät, … - 2011

In this paper we model financial stability in small open economy enduring political uncertainty and operating under dual exchange markets, a free exchange rate applicable to wide range of private capital transactions and controlled exchange rate applicable to some official transactions. The...

Persistent link: https://www.econbiz.de/10008923046

South Sudan Referundum: A Macroeconomic Analysis of Post-Secession Scenario

Onour, Ibrahim - Volkswirtschaftliche Fakultät, … - 2010

process from the adverse shock will take longer time, as periodic devaluation of the official rate remain the only available …

Persistent link: https://www.econbiz.de/10008919769

Why are excess returns on China’s Treasury bonds so predictable? The role of the monetary system

Fan, Longzhen; Tian, Shu; Zhang, Chu - In: Journal of Banking & Finance 36 (2012) 1, pp. 239-248

It is well documented that the time-varying bond excess returns can be explained by predetermined variables such as information in the term structure and macro economic variables. Recent studies suggest that demand and supply of bonds influence bond excess returns. We extend the literature and...

Persistent link: https://www.econbiz.de/10010582654

Parallel Market Premia and Misalignment of Official Exchange Rates

Onour, Ibrahim; Cameron, Norman - Volkswirtschaftliche Fakultät, … - 1997

currency may be inflationary, it is important to be able to detect real official rate misalignment as early as possible.This is … underlying capital flows.We show that the direction of real official rate misalignment is identfiable without knowing the size of … change in real official rate misalignment. …

Persistent link: https://www.econbiz.de/10005025725