Another big factor is the euro-dollar exchange rate. International trade in oil and gasoline is priced in U.S. dollars, meaning that the recent weakness of the euro against the U.S. currency has made pricing even higher in euro terms. A year ago, the average price for a liter of gasol...
Exchange RatesThe paper examines potential conflicts between rapid EU integration of economies in transition (EiTs) and their pursuing catch-up by focusing on exchange-rate policies. After justifying the proposed inquiry, official pronouncements on ER policies that EUcandidates are expected to pursue ...
This paper investigates the short-run and long-run impact of exchange rate and customs union on the trade balance at commodity-group level of Turkey with EU (15). Bounds testing approach is employed where a new strategy in the model selection phase is adopted ensuring that optimal model is ...
Several other types of exchange rate arrangements are also possible for the North American bloc, and the aim of this paper is to evaluate all of these alternatives. The paper evaluates the full range of possible exchange-rate arrangements for the NAFTA bloc of countries from economic, political ...
The states wanting to participate had first to join the European Exchange Rate Mechanism. To prevent the joining states from getting into financial trouble or crisis after entering the monetary union, they were obliged in the Maastricht treaty to fulfil important financial obligations and procedures, ...
Katsimi, M. (2007). Exchange rate strategies towards the euro-zone for new EU member states with currency boards. Journal of Macroeconomics, 30(3), 1043-1063. http://dx.doi.org/10.1016/j.jmacro.2007.04.005Katsimi, M., 2008. Exchange rate strategies towards the euro-zone for new EU ...
"The adoption of the 2024 budget within constitutional deadlines, the reforming of the bank secrecy law, and the stabilization of the exchange rate have shown that where there is a will, there is a way," it added. Lebanon has been facing a deep financial crisis, which has caused a collaps...
Kopits, George (2004), "Exchange rate policy in Central and Eastern Europe in the context of EU-accession" in Landesmann, Michael, ed., Shaping the New Europe: The Challenge of EU Enlargement, Macmillan, forthcoming.Kopits, George (2004) "Exchange Rate Policy in Central and Eastern Europe...
Over the entire sample period, the exchange rate vis-à-vis the U.S. dollar turns out to be significant and a more appropriate variable in money demand than is the euro exchange rate. 展开 关键词: Money demand new EU Member States exchange rate panel cointegration DOI: 10.2753/EEE0012-...
This research investigates the use of Ridge Polynomial Neural Network (RPNN) as non-linear prediction model to forecast the future trends of financial time series. The network was used for the prediction of one step ahead and five steps ahead of two exchange rate signals; the British Pound to...