transmission of human pathogens can be occurred via inert objects. paper currency is a further common contact surface whereby pathogens can be transferred within a population although the significance remains unknown. hence, the aim of the present study was to investigate microbial populations associated with iranian paper currency.this study was carried out by getting 108 samples of the irania...

This paper presents evidence that the bid-ask spreads in euro rates increased relative to the corresponding bid-ask spreads in the German mark (DM) prior to the creation of the currency union. This comes with a decrease in transaction volume in the euro rates relative to the previous DM rates. The starkest example is the DM(euro)/yen rate in which the spread has risen by almost two-thirds while...

Historically, exchange rate forecasting models have exhibited poor out-of-sample performances and were inferior to the random walk model. Monthly panel data from 1973 2014 for ten currency pairs of OECD countries are used make out-of sample forecasts with artificial neural networks XGBoost models. Most approaches show significant substantial predictive power in directional forecasts. Moreover, ...

This paper presents a institutional framework for the currency basket peg system. After the Asian currency crisis, the needs of seeking adaptive currency system has risen up but the best currency system has not still appeared. In this paper, we propose the model of “the currency basket peg system”. This model realize the currency basket peg system on the computer. With using it, we investigate ...

This paper examines how unhedged currency exposure of firms varies with changes in currency flexibility. A sequence of four time periods with alternating high and low currency volatility in India provides a natural experiment in which changes in currency exposure of a panel of firms is measured, and the moral hazard versus incomplete markets hypotheses tested. We find that firms carried higher ...