Narrow search
Showing 1 - 10 of 3,474
Cover Image
Uncertainty and Exchange Rate Volatility : The Case of Mexico
Bush, G. - 2019
This paper investigates the effect of domestic and global uncertainty on the volatility of the Mexican peso US dollar … derive an exchange rate volatility measure by estimating a univariate GARCH(1,1) model. In the second stage, we regress the … estimated exchange rate volatility on domestic and global uncertainty proxies, built with data from the survey of professional …
Persistent link: https://www.econbiz.de/10012897453
Cover Image
Inflation uncertainty, exchange rate depreciation and volatility : evidence from Ghana, Mozambique and Tanzania
Molana, Hassan; Osei-Assibey, Kwame - 2010
While flexible exchange rates facilitate stabilisation, exchange rate fluctuations can cause real volatility. This … gives policy importance to the causal relationship between exchange rate depreciation and its volatility. An exchange rate … this: depreciation makes exchange rate more volatile for all but volatility does not causes depreciation in Tanzania which …
Persistent link: https://www.econbiz.de/10008728852
Cover Image
A Global Approach to Financial Risk
Guptara, Prabhu - 2009
Persistent link: https://www.econbiz.de/10013153033
Cover Image
Global Banking Systems, Financial Stability and Uncertainty : How have Countries Coped with Geopolitical Risk?
Trinh, Hai Hong; Tran, Thao Phuong - 2023
The study universally examines the consequences of geopolitical risk (GPR) on the financial stability of global banking systems with a large panel of 158 economies around the world over the past decades. We find the adverse effects of GPR on financial stability with the predicted (increase)...
Persistent link: https://www.econbiz.de/10014349166
Cover Image
The Dollar, Global Growth Risks and the US Safety Puzzle
Kim, Sun Yong - 2022
The United States (US) extracts a large macroeconomic premium from foreigners: she enjoys higher consumption and GDP growths on average relative to the rest of the world (ROW). This is earned even though the US is relatively insulated against global consumption and GDP risks, challenging a...
Persistent link: https://www.econbiz.de/10014077659
Cover Image
Stress Testing for Cyber Risks : Cyber Risk Insurance Modeling beyond Value-at-Risk (VaR): Risk, Uncertainty, and, Profit for the Cyber Era
Malhotra, Yogesh - 2017
To avert the impending global Cyber-Finance Insurance Crisis based upon large-scale commercial reliance upon quantitative models with inherent model risks, tail risks, and systemic risks in current form, this post-doctoral thesis makes the following key contributions: Develops the first known...
Persistent link: https://www.econbiz.de/10012972233
Cover Image
US Wealth Shares, the Dollar and International Risk Sharing
Kim, Sun Yong - 2021
I study the joint dynamics between the US wealth share, the dollar and the global economy. I uncover three novel stylised facts about these joint dynamics. Firstly, the US wealth share is countercyclical: it falls on impact but subsequently rises over the course of global recessions. Secondly...
Persistent link: https://www.econbiz.de/10013237177
Cover Image
Financial Innovation and Emerging Markets : Opportunities for Growth vs. Risks for Financial Stability (Proceedings)
Craig, R. Sean - 2012
Persistent link: https://www.econbiz.de/10013101485
Cover Image
Which Risks Should Firms Hedge and Derivatives Should Be Used? Evidence from the UK
Ahmed, Hany; Azevedo, Alcino; Guney, Yilmaz - 2022
This paper uses a dataset that comprises information on 275 nonfinancial firms listed in the FTSE-All share index over the time period between 2005 and 2012, and reveals interesting features of the UK nonfinancial firms regarding the effect of hedging on firm value and performance. We show that...
Persistent link: https://www.econbiz.de/10014235965
Cover Image
Capital regulation and tail risk
Perotti, Enrico; Ratnovski, Lev; Vlahu, Razvan - 2011
The paper studies risk mitigation associated with capital regulation, in a context when banks may choose tail risk assets. We show that this undermines the traditional result that higher capital reduces excess risk-taking driven by limited liability. When capital raising is costly, poorly...
Persistent link: https://www.econbiz.de/10011383199