The impact of exchange rates on stock market returns: new evidence from seven free-floating currenciesExchange ratesinternational asset pricingarbitrage pricingparity factorsmacroeconomic factorThis paper provides evidence of a significant exchange rate effect on stock index returns using data from seven ...
athe castings shall not be impregnated to stop leaks 铸件不会怀孕停止泄漏[translate] aIn practice, the impact of exchange rate factors include the rate of inflation, interest rates, economic growth 实践上,交换率因素的冲击包括通货膨胀率,利率,经济增长[translate]...
This study examines the impact of exchange rate volatility on Indonesia's primary export commodities to the top five export destination countries, namely China, India, Japan, South Korea, and the United States. This study uses a GARCH model to obtain an estimated value of exchange rate volatility...
This article is one of the first to construct such firm-specific effective exchange rates and apply them to investigate the impact of exchange rate movements on Chinese multi-product firms' export behavior. Last but not least, this paper also adds a new dimension to the existing literature on ...
In the long run, the impact of exchange rate changes on the China-ASEAN Free Trade Area is relatively weak. Keywords: exchange rate shocks, RMB exchange rate, China- ASEAN Free Trade Area, VAR model I. INTRODUCTION Since the 1990s, all countries in the world have accelerated economic ...
central banks would remain as the gate keeper for ensuring the value of the currency they issue are maintained. Even then, China’s first mover advantage will have a positive impact on the RMB once a multicurrency payment platform using CBDCs is introduced. Ultimately, the role of the RMB wi...
Demand-side: The effects of exchange rate changes oneconomicgrowth work directly through net exports and aggregate demand, discussed above. However, this is a short-term benefit because of the inflationary impact, both cost-push and demand-pull inflation. ...
外文翻译原文 Impact of the exchange rate on export volumes Material Source: /phtml Author: Mark Smith Influences on export volumes: the exchange rate and other factors The quantities of exports that are supplied and demanded are influenced by a variety of factors. All else being equal, the ...
These scenarios show the substantial impact exchange rates have on Company A. Because Company A has a mismatch between its currency at production and its currency at sale, profits will be affected in both currencies. But Company B only faces atranslationeffect because its profitability in dollar t...
The results indicated that as compared to flexible exchange regime, growth rate was higher by 1.2% when fixed exchange regime was adopted; and a growth rate of 0.64% was achieved under the intermediate regime when compared with the flexible regime. A positive impact has been identified in ...