a r t i c l e i n f o JEL classification: F31 C13 C45 Keywords: Exchange rate forecasting Purchasing power parity Artificial neural network Investors consider foreign exchange as being among the most significant financial markets. Many discussions regarding economic development, growth strategies and stabilization policies place real exchange rate to play the most important role in the macroeco...

Title of Document: ESSAYS ON INTERNATIONAL FINANCE Fernando Gabriel Im, Doctor of Philosophy, 2012 Directed By: Professor Carmen Reinhart, Department of Economics Professor Carlos Végh, Department of Economics In the first paper, I use industry-level data to investigate the impact of exchange rate arrangements on the productive structure of the economy. The identification strategy has similarit...

Foreign exchange intervention (FXI) is a highly debated topic. Yet, comprehensive and comparable data on FXI hard to find. This paper provides new dataset of covering large number countries over the period 2000-20 at monthly quarterly frequencies. It includes publicly available for about 40 carefully constructed proxies 122 countries. Proxies are focused both spot derivative transactions that a...

At the end of 2010 China’s foreign exchange reserve reached $2847.34 billion, the author designs the maximum government utility function when consider the China government buys a part foreign exchange if company earns, it means that the China government will increase Ren-Min-Bi Yuan. And it will cause inflation. The inflation will cause disutility to government. Finally it gets the optimal fuct...

Abstract We investigate the information contained in foreign exchange (FX) volume using a novel data set from over-the-counter market. find helps predict next-day currency returns and is economically valuable for investors. Predictability implies stronger return reversal pairs with abnormally low driven by component of unrelated to volatility, liquidity, order flow. rationalize these findings v...

Problem statement: One of the main targets of Iran’s economic development plans in agricultural sector during the recent years was to augment agricultural exports and establish a positive trade balance in this sector. In this research the impact of macroeconomic indicators of Iran and its 20 trading partners on Iran’s agricultural trade balance had been investigated. Approach: The ARDL approach...

In this study aims to examine the effect of foreign exchange earnings and promotional costs on profits PT. Bank Muamalat. The data source in is secondary form published financial reports. analysis method uses multiple regression with SPSS processing techniques. From test states 1) There a significant positive Foreign Exchange Income Promotion Costs. linear test, calculated F value 8.339, higher...