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We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on … of the conditional exogenous exchange rate volatility on the conditional mean of the endogenous variables in our open … empirically. In the second part, we investigate the effect of non-fundamental exchange rate volatility in a stochastic open …
Persistent link: https://www.econbiz.de/10009636551
Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
Persistent link: https://www.econbiz.de/10009635970
This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...
Persistent link: https://www.econbiz.de/10009635905
national implementation reports submitted by Turkey, Lebanon, Jordan and Syria. These countries span two CCD regions as Turkey …
Persistent link: https://www.econbiz.de/10011887694
The evaluation has three objectives: Provide an assessment on the attained results, their impact and sustainability, the good practices and pitfalls in Instrument for Pre-accession Assistance I(IPA I), European Neighbourhood Partnership Instrument (ENPI), Development Cooperation Instrument (DCI)...
Persistent link: https://www.econbiz.de/10011887701
Macedonia, Kosovo*, Montenegro, Serbia and Turkey. …
Persistent link: https://www.econbiz.de/10012036344
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The next few months are the last opportunity for Turkey to take steps that could influence the european Commissionu0092 …
Persistent link: https://www.econbiz.de/10009636509