Exchange Rate Chaos

Author : Charles R. Geisst
Publisher : Routledge
Page : 235 pages
File Size : 54,7 Mb
Release : 2002-01-04
Category : Business & Economics
ISBN : 9781134837168

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Exchange Rate Chaos by Charles R. Geisst Pdf

The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed has brought financial chaos and excessive financial volatility. Exchange Rate Chaos: 25 Years of Financial and Consumer Democracy describes and compares US and British financial history during this period. It highlights: * similarites in financial developments between the two countries * consumer democracy: Have the wishes of consumers dominated exchange rate policy? * The decline of the small investor and the hegemony of financial institutions * How the floating exchange rates are manipulated to government advantage One of the few financial histories to deal with the postwar period, this book shows how financial developments have shaped contemporary society and politics.

Author : Charles R. Geisst
Publisher : Unknown
Page : 184 pages
File Size : 42,8 Mb
Release : 2002
Category : Finance
ISBN : OCLC:1289424943

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Exchange Rate Chaos by Charles R. Geisst Pdf

Author : Charles R. Geisst
Publisher : Unknown
Page : 184 pages
File Size : 47,5 Mb
Release : 1995
Category : Finance
ISBN : OCLC:1200290352

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Exchange Rate Chaos by Charles R. Geisst Pdf

Author : Paul de Grauwe,Hans Dewachter,Marc Embrechts
Publisher : Wiley-Blackwell
Page : 273 pages
File Size : 53,9 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 0631180168

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Exchange Rate Theory by Paul de Grauwe,Hans Dewachter,Marc Embrechts Pdf

"Exchange Rate Theory presents a novel and elegant theory to explain the excessive variability of foreign exchange rate returns. The theory is novel in the sense that it focuses on interaction between market agents as the primary source of the variability in those speculative prices. It is shown that simple interactions between market participants using different information is sufficient to generate deterministic chaos." "In the first part of this book the authors survey existing exchange rate theories and ask whether these theories are useful in explaining actual exchange rate movements. They demonstrate that the 1970s were characterized by the belief that exchange rates could be understood by an analysis of the fundamentals (inflation rates, interest rates and monetary policy). Subsequently, this belief has all but disappeared but researchers have been content to analyze the statistical properties of exchange rates, abandoning the theory and the models." "The second part of the book uses chaos theory to construct an innovative framework for the understanding of exchange markets. These models, which integrate fundamentalism and chartism, create complex exchange rate movements which appear to be random. These models are used to explain several of the anomalies observed in exchange rate markets and to evaluate the possibility of exchange rate prediction."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Author : Paul De Grauwe,Kris Vansanten
Publisher : Unknown
Page : 64 pages
File Size : 49,7 Mb
Release : 1990
Category : Chaotic behavior in systems
ISBN : UVA:X001797994

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Deterministic Chaos in the Foreign Exchange Market by Paul De Grauwe,Kris Vansanten Pdf

Author : William B. Z. Vukson
Publisher : G7Books
Page : 0 pages
File Size : 46,7 Mb
Release : 2006
Category : Canada
ISBN : 1894611217

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Canadian Dollar Chaos by William B. Z. Vukson Pdf

Trading at a premium to the U.S. dollar in the early 1970s, it was not until the Bretton Woods system of pegged exchange rates collapsed under the strains of the Viet Nam war in 1972, that brought a sudden state of chaos to the historical relationship between the two North American dollars. As a series of Free Trade Agreements negotiated in the 1990s raised Canada's dependence on one of the largest free markets in the world, the Canadian dollar appeared increasingly vulnerable to Canadian industrial and trade policy. As one of the world's oldest currencies challenges its all-time historical lows, a vital debate rages over the benefits of having just one major currency spanning both the U.S. and Canada. This book presents a concise "living history" of the economic and financial life of Canada during one of the most revolutionary decades in modem memory (1990-2000).

Author : Paul de Grauwe
Publisher : Unknown
Page : 273 pages
File Size : 43,5 Mb
Release : 1993
Category : Foreign exchange rates
ISBN : OCLC:1280863047

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Exchange Rate Theory by Paul de Grauwe Pdf

Author : I. Moosa
Publisher : Springer
Page : 424 pages
File Size : 52,7 Mb
Release : 2016-02-05
Category : Business & Economics
ISBN : 9780230379008

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Exchange Rate Forecasting: Techniques and Applications by I. Moosa Pdf

Forecasting exchange rates is a variable that preoccupies economists, businesses and governments, being more critical to more people than any other variable. In Exchange Rate Forecasting the author sets out to provide a concise survey of the techniques of forecasting - bringing together the various forecasting methods and applying them to the exchange rate in a highly accessible and readable manner. Highly practical in approach, the book provides an understanding of the techniques of forecasting with an emphasis on its applications and use in business decision-making, such as hedging, speculation, investment, financing and capital budgeting. In addition, the author also considers recent developments in the field, notably neural networks and chaos, again, with easy-to-understand explanations of these "rocket science" areas. The practical approach to forecasting is also reflected in the number of examples that pepper the text, whilst descriptions of some of the software packages that are used in practice to generate forecasts are also provided.

Author : Paul de Grauwe
Publisher : MIT Press
Page : 374 pages
File Size : 55,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 0262042223

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Exchange Rate Economics by Paul de Grauwe Pdf

Discussions of the different theoretical and empirical paradigms for setting and predicting exchange rates.

Author : Rebecca Driver,Peter J N Sinclair,Christoph Thoenissen
Publisher : Routledge
Page : 456 pages
File Size : 46,9 Mb
Release : 2013-04-15
Category : Business & Economics
ISBN : 9781134261970

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Exchange Rates, Capital Flows and Policy by Rebecca Driver,Peter J N Sinclair,Christoph Thoenissen Pdf

Combining thorough scholarship with illuminating real-world examples, this edited collection provides insights on the causes and consequences of movements in both exchange rates and external assets and has a strong focus on the policy implications of operating in an open economy, particularly the choice of exchange rate and monetary policy, exchange rate intervention and policies on capital mobility.

Author : Paul De Grauwe,Marianna Grimaldi
Publisher : Princeton University Press
Page : 128 pages
File Size : 45,7 Mb
Release : 2018-06-05
Category : Business & Economics
ISBN : 9780691186993

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The Exchange Rate in a Behavioral Finance Framework by Paul De Grauwe,Marianna Grimaldi Pdf

This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is based on trial and error and is probably the best possible strategy in an uncertain world, the authors contend. It creates a rich dynamic in the foreign exchange markets and can generate bubbles and crashes. Sensitivity to initial conditions is a pervasive force in De Grauwe and Grimaldi's model. It explains why large exchange-rate changes and volatility clustering occur. It also has important implications for understanding how the news affects the exchange rate. De Grauwe and Grimaldi conclude that news in fundamentals has an unpredictable effect on the exchange rate. Sometimes, they maintain, it alters the exchange rate considerably; at other times it has no effectwhatsoever. The authors also use their model to analyze the effects of official interventions in the foreign exchange market. They show that simple intervention rules of the "leaning-against-the-wind" variety can be effective in eliminating bubbles and crashes in the exchange rate. They further demonstrate how, quite paradoxically, by intervening in the foreign exchange market the central bank makes the market look more efficient. Clear and comprehensive, The Exchange Rate in a Behavioral Finance Framework is a must-have for analysts in foreign exchange markets as well as students of international finance and economics.

Author : Christos H. Skiadas,Charilaos Skiadas
Publisher : CRC Press
Page : 934 pages
File Size : 47,7 Mb
Release : 2017-12-19
Category : Mathematics
ISBN : 9781466590441

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Handbook of Applications of Chaos Theory by Christos H. Skiadas,Charilaos Skiadas Pdf

In addition to explaining and modeling unexplored phenomena in nature and society, chaos uses vital parts of nonlinear dynamical systems theory and established chaotic theory to open new frontiers and fields of study. Handbook of Applications of Chaos Theory covers the main parts of chaos theory along with various applications to diverse areas. Expert contributors from around the world show how chaos theory is used to model unexplored cases and stimulate new applications. Accessible to scientists, engineers, and practitioners in a variety of fields, the book discusses the intermittency route to chaos, evolutionary dynamics and deterministic chaos, and the transition to phase synchronization chaos. It presents important contributions on strange attractors, self-exciting and hidden attractors, stability theory, Lyapunov exponents, and chaotic analysis. It explores the state of the art of chaos in plasma physics, plasma harmonics, and overtone coupling. It also describes flows and turbulence, chaotic interference versus decoherence, and an application of microwave networks to the simulation of quantum graphs. The book proceeds to give a detailed presentation of the chaotic, rogue, and noisy optical dissipative solitons; parhelic-like circle and chaotic light scattering; and interesting forms of the hyperbolic prism, the Poincaré disc, and foams. It also covers numerous application areas, from the analysis of blood pressure data and clinical digital pathology to chaotic pattern recognition to economics to musical arts and research.

Author : Paul de Grauwe,Hans Dewachter
Publisher : Unknown
Page : 48 pages
File Size : 55,7 Mb
Release : 1990
Category : Foreign exchange
ISBN : UVA:X002046052

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A Chaotic Monetary Model of the Exchange Rate by Paul de Grauwe,Hans Dewachter Pdf

Author : Imad A Moosa,Razzaque H Bhatti
Publisher : World Scientific
Page : 512 pages
File Size : 42,9 Mb
Release : 2009-07-15
Category : Business & Economics
ISBN : 9789814468503

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The Theory And Empirics Of Exchange Rates by Imad A Moosa,Razzaque H Bhatti Pdf

Exchange rate economics is an important field of investigation for academics, professionals and policy-makers. This book provides a comprehensive survey of the theory of and empirical evidence on the determination and effects of exchange rates. The exposition utilizes both diagrammatic and mathematical representations of the underlying models. The book is a comprehensive reference for those engaged in this field of research.

Author : Takatoshi Ito,Anne O. Krueger
Publisher : University of Chicago Press
Page : 414 pages
File Size : 55,6 Mb
Release : 2009-02-15
Category : Business & Economics
ISBN : 9780226386997

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Macroeconomic Linkage by Takatoshi Ito,Anne O. Krueger Pdf

This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explore the causes of capital flows, changes in trade balances, and exchange rate fluctuations in East Asia and their effects on other countries. These fourteen papers are organized around four themes: the overall determinants of growth and trading relations in the East Asian region; monetary policies in relation to capital controls and capital accounts; the impact of exchange rate behavior on industrial structure; and the potential for greater regional integration. The contributors examine interactions among exchange rate movements, trade balances, and capital flows; how government monetary policy affects capital flows; the effect of exchange rates on industrial structure, inventories, and prices; and the extent of regional integration in East Asia.