Книга: Paul De Grauwe, Marianna Grimaldi «The Exchange Rate in a Behavioral Finance Framework»
|
This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is based on trial and error and is probably the best possible strategy in an uncertain world, the authors contend. It creates a rich dynamic in the foreign exchange markets and can generate bubbles and crashes. Sensitivity to initial conditions is a pervasive force in De Grauwe and Grimaldi's model. It explains why large exchange-rate changes and volatility clustering occur. It also has important implications for understanding how the news affects the exchange rate. De Grauwe and Grimaldi conclude that news in fundamentals has an unpredictable effect on the exchange rate. Sometimes, they maintain, it alters the exchange rate considerably; at other times it has no effectwhatsoever. The... Издательство: "Princeton University Press" (2006)
ISBN: 069112163X Купить за 2059.5 руб на Озоне |
Paul De Grauwe
Paul De Grauwe (* 18. Juli 1946 in Ukkel) ist Professor für Internationale Wirtschaft an der Katholieke Universiteit Leuven, sowie Politiker der belgischen OpenVLD. Darüber hinaus ist er Senior Research Fellow im Europäischen Think-Tank Centre for European Policy Studies. Sein Forschungsschwerpunkt ist die Euro-Währungsunion.
Weblinks
- Persönliche Website
- Paul de Grauwe - Warum ein großer Rettungsschirm sinnvoll ist, FTD v. 10.3.2011: http://www.ftd.de/wirtschaftswunder/index.php?op=ViewArticle&articleId=2613&blogId=16
- Im Gespräch: Paul de Grauwe „Gott sei Dank haben die Staaten Schulden gemacht“ , FAZ v. 22.10.2011: http://www.faz.net/aktuell/wirtschaft/im-gespraech-paul-de-grauwe-gott-sei-dank-haben-die-staaten-schulden-gemacht-11501644.html
Literatur
De Grauwe, Paul: Economics of monetary union / 8. ed. Oxford [u.a.] : Oxford Univ. Press , 2009. - IX, 290 S.
Christian Bauer/Paul De Grauwe/Stefan Reitz: Exchange rate dynamics in a target zone : a heterogeneous expectations approach / Frankfurt am Main : Dt. Bundesbank , 2007. - 41 S. (Discussion paper : Series 1, Economic studies / Deutsche Bundesbank ; 2007,11) Zusammenfassung in dt. Sprache, ISBN 978-3-86558-298-0 Printversion, ISBN 978-3-86558-299-7 Internetversion
De Grauwe, Paul/Marianna Grimaldi: The exchange rate in a behavioral finance framework / Princeton [u.a.] : Princeton University Press , 2006. - X, 200 S.
De Grauwe, Paul: Prospects for monetary unions after the Euro / ed. by Cambridge, Mass. [u.a.] : The MIT Press , 2005. - VI, 358 S. (CESifo seminar series)
Источник: Paul De Grauwe
Другие книги схожей тематики:
| Автор | Книга | Описание | Год | Цена | Тип книги |
|---|---|---|---|---|---|
| Paul De Grauwe, Marianna Grimaldi | The Exchange Rate in a Behavioral Finance Framework | This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those… — Princeton University Press, Подробнее... | 2006 | 2059.5 | бумажная книга |
См. также в других словарях:
Paul De Grauwe — (* 18. Juli 1946 in Ukkel) ist Professor für Internationale Wirtschaft an der Katholieke Universiteit Leuven, sowie Politiker der belgischen OpenVLD. Darüber hinaus ist er Senior Research Fellow im Europäischen Think Tank Centre for European… … Deutsch Wikipedia
HIV/AIDS in the People's Republic of China — The HIV/AIDS pandemic scene in East Asia is largely dominated by China. Much of the current spread of the human immunodeficiency virus (HIV) in China has been through intravenous drug use and prostitution. In China, the number of affected by HIV… … Wikipedia
List of finance topics — Topics in finance include:Fundamental financial concepts* Finance an overview ** Arbitrage ** Capital (economics) ** Capital asset pricing model ** Cash flow ** Cash flow matching ** Debt *** Default *** Consumer debt *** Debt consolidation ***… … Wikipedia
Public finance — Part of a series on Government Public finance … Wikipedia
Gaming the system — This article is about the strategy of gaming the system. For the Wikipedia specific guideline, see Wikipedia:Gaming the system. Gaming the system (or bending the rules, playing the system, milking the system or abusing the system) can be defined… … Wikipedia
international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… … Universalium
