Exchange Market Pressure , Monetary Policy , and Economic Growth : Argentina in 1993 - 2004
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منابع مشابه
Modeling the foreign exchange market pressure in the monetary policy of the Iranian economy with a Dynamic Stochastic General Equilibrium approach
Exchange rate fluctuations and the degree of central bank intervention in the foreign exchange market through foreign reserves simultaneously determine the foreign exchange market pressure. This concept is considered as one of the important indicators related to the behavior of monetary authorities in policy-making, which affects other economic variables through foreign trade channels and infla...
متن کاملInvestigating the Effects of Financial Risks with Central Bank Policy Intervention and Foreign Exchange Market Pressure on the Stability of Banking sector Based on Gerton and Ruper Model: Nonlinear Smooth Transition Regression Approach
In the present study, in the first stage, using Gerton and Roper (1977) model, the central bank policy intervention index and foreign exchange market pressure were calculated. Then, using the STAR regression model, the nonlinear effects of financial risks with policy intervention of the central bank and the pressure of the foreign exchange market on the country's banking stability are examined....
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The financial crisis is one of the most important challenges facing many countries so far. One of the most important consequences of the financial crisis is the currency crisis, which creates pressure on the currency market. The purpose of this paper is to examine the pressure of exchange market among developing and developed countries that were affected of global financial crisis (2007-2009)....
متن کاملThe Impact of Exchange Rate and Investor Confidence Uncertainty on Monetary and Economic Uncertainty in Iran
Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...
متن کاملThe Effect of Macroeconomic Variables on Credit Default Cycles in the Country's Monetary Market
The main challenge facing the country's banking system is credit default or the possibility of defaulting borrowers from fulfilling their obligations to the banking system, known as credit risk. Therefore to control credit risk, the factors influencing this type of risk must be identified. Several factors affect credit default in the non-government sector. This study examines the asymmetric ef...
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تاریخ انتشار 2005