A Network Model of Multilaterally Equilibrium Exchange Rates
A Network Model of Multilaterally Equilibrium Exchange Rates

Author: Mr.Alexei P Kireyev

Publisher: International Monetary Fund

Published: 2016-09-07

Total Pages: 23

ISBN-13: 1475534094

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This paper proposes a network model of multilaterally equilibrium exchange rates. The model introduces a topological component into the exchange rate analysis, consistently taking into account simultaneous higher-order interactions among all currencies. The paper defines the currency demand indicator. On its base, it derives a multilateral exchange rate network, finds its dynamically stationary position, and identifies the multilaterally equilibrium levels of bilateral exchanges rates. Potentially, the model can be developed further to calculate the deviations of the observed bilateral exchange rates from their multilaterally equilibrium levels, which can be interpreted as their over- or undervaluation. For illustration, the model is applied to daily 1995-2016 exchange rates among 130 currencies sourced from the Thomson Reuters Datastream.

A Network Model of Multilaterally Equilibrium Exchange Rates
A Network Model of Multilaterally Equilibrium Exchange Rates

Author: Mr.Alexei P Kireyev

Publisher: International Monetary Fund

Published: 2016-07-06

Total Pages: 23

ISBN-13: 1498351336

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This paper proposes a network model of multilaterally equilibrium exchange rates. The model introduces a topological component into the exchange rate analysis, consistently taking into account simultaneous higher-order interactions among all currencies. The paper defines the currency demand indicator. On its base, it derives a multilateral exchange rate network, finds its dynamically stationary position, and identifies the multilaterally equilibrium levels of bilateral exchanges rates. Potentially, the model can be developed further to calculate the deviations of the observed bilateral exchange rates from their multilaterally equilibrium levels, which can be interpreted as their over- or undervaluation. For illustration, the model is applied to daily 1995-2016 exchange rates among 130 currencies sourced from the Thomson Reuters Datastream.

Network Control and Optimization
Network Control and Optimization

Author: Eitan Altman

Publisher: Springer

Published: 2009-02-27

Total Pages: 139

ISBN-13: 3642003931

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This book constitutes the refereed proceedings of the Second Euro-NF International Conference, NET-COOP 2008 held in Paris, France, in September 2008. The 13 revised full papers presented were carefully reviewed and selected from a total of 27 submissions. The papers are organized in topical sections on economics and peer-to-peer networks; routing and measurements; scheduling; tcp and congestion control; as well as wireless networks.

Essentials of International Economics
Essentials of International Economics

Author: Robert C. Feenstra

Publisher: Macmillan

Published: 2010-12-27

Total Pages: 644

ISBN-13: 1429277106

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Revision of the 2008 publication International economics, condensed to fifteen chapters and designed for single-semester courses combining international trade and macroeconomics. Second ed. also available in a 22-chapter version titled International economics.

International Macroeconomics
International Macroeconomics

Author: Robert C. Feenstra

Publisher: Macmillan

Published: 2011-03

Total Pages: 984

ISBN-13: 1429241039

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Combining classic international economics with straight-from-the- headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with topic areas and ideas that have emerged from recent empirical studies. A MODERN APPROACH FOR THE 21ST CENTURY International economics texts traditionally place greater emphasis on theory and a strong focus on the advanced countries. Feenstra/Taylor links theory to empirical evidence throughout the book, and incorporates coverage of emerging markets and developing economies (India, China, SE Asia) to reflect the evolving realities of the global economy. The new edition has been extensively revised and updated, especially in light of the ongoing world financial crisis. NOTE: Feenstra/Taylor, International Economics, Second Edition, is available in four versions: International Economics, 2e: 1-4292-3118-1 International Trade, 2e: 1-4292-4104-7 International Macroeconomics, 2e: 1-4292-4103-9 Essentials of International Economics, 2e: 1-4292-7710-5

Monetary Policy Challenges in Latin America
Monetary Policy Challenges in Latin America

Author: Fernando Toledo

Publisher: Edward Elgar Publishing

Published: 2023-10-06

Total Pages: 305

ISBN-13: 1802200703

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This ground-breaking book analyses the severe monetary policy challenges facing Latin American countries. Contributors reflect on how these issues should be addressed by policy-makers, identifying the need for a synergic response from regional central banks.

IMF Research Bulletin, September 2016
IMF Research Bulletin, September 2016

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

Published: 2016-09-30

Total Pages: 20

ISBN-13: 1475544162

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The September 2016 issue of the IMF Research Bulletin includes the following two Research Summaries: “A New Look at Bank Capital” (by Jihad Dagher, Giovanni Dell’Ariccia, Luc Laeven, Lev Ratnovski, and Hui Tong) and “Does Growth Create Jobs?: Evidence for Advance and Developing Economies (by Zidong An, Nathalie Gonzalez Prieto, Prakash Loungani, and Saurabh Mishra). The Q&A article by Rabah Arezki discusses “Seven Questions on Rethinking the Oil Market in the Aftermath of the 2014-16 Price Slump.” A listing of recent IMF Working Papers, Staff Discussion Notes, and Recommended Readings from IMF Publications are also included. Readers can also find an announcement on the 2016 Annual Research Conference and links to top cited 2015 articles in the IMF Economic Review.

Evolutionary Economics: v. 2
Evolutionary Economics: v. 2

Author: Marc R. Tool

Publisher: Routledge

Published: 2019-07-12

Total Pages: 517

ISBN-13: 1315493047

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This is part of a two-volume work intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume II considers basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".