Exchange rate crises in Latin America recently put a spotlight on the perils of Exchange Rate-Based Stabilizations (ERBS), which use the nominal exchange rate as the main policy target for stabilizing inflation. This dissertation documents the effects of ERBS in high inflation economies and develops models to explain these stylized facts. The first chapter assesses the empirical regularities as...

The aim of the research. This paper discusses use machine learning algorithms to generate data that meets demands academia and industry in context exchange rate fluctuations. Research results. builds a Quant-GAN model using temporal convolutional neural networks (CNN) trains it on end-of-day intraday high-frequency rates currency pairs global market. generated is evaluated various statistical m...

â â â  given companies’ dynamic responses to expected exchange rate changes, this article improves on current methods of measuring exposure to foreign exchange rate changes by breaking down the spot exchange rate changes into expected changes and unexpected changes. the currency risk exposure coefficients resulting from an empirical analysis of shanghai stock exchange a share listed companies...

Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...

  P redicting the amount of country imports toward assessing trade balance and its effect on the balance of payments (BOP) and finally money supply, general level of prices and the rate of economic growth is of paramount importance. Therefore, economic policymakers seriously need a model which cannot only predict the volume of imports well but also be capable of re...

This article investigates the relationship between the exchange rate and non-oil trade balance in Iran between 1981 and 2014. A structural vector auto-regression model is built. The results indicated that the increasing effect of the real effective exchange rate worsens the non-oil trade balance in the short term. In contrast, the increasing effect of the real effective exchange rate improves t...