exchange rate pass-through to the price of traded goods is one of the important issues in economy of developing countries such as iran and affects the efficiency of the exchange rate policies to improve the trade balance. the main aim of this paper is to empirically analyze exchange rate pass-through to iran's saffron export price using panel data for twenty destination markets during 2000–2011...

CONTRIBUTORS Irina Leonova, Financial Economist, Division of Market Oversight, Commodity Futures Trading Commission David Taylor, Special Counsel, Division of Market Oversight, Commodity Futures Trading Commission Alan Deaton, Chief of Data Strategy Section, Division of Insurance and Research, Federal Deposit Insurance Corporation Mark Montoya, Senior Business Analyst, Federal Deposit Insurance...

We examine general exchange markets with heterogenous indivisible goods, where each agent may be endowed with a set of indivisible goods, but there is no divisible good that could be used as a medium of exchange. Thus, our model is a generalization of the Shapley-Scarf housing market model, in which each agent owns one indivisible good. Our main result is a characterization of the set of group-...

Since some raw materials, semi manufactured, intermediate and capital goods in agricultural sector are imported, the exchange rate fluctuations can affect the cost price of products in this sector. Recently, we are facing considerable fluctuations in exchange rate that has an important impact on all sectors including the agriculture. As a result of an increase in import prices in agricultural r...

The Indian debt market while made out of securities, both Government and Corporate, is really overwhelmed by G-Sec with more than 90 per cent market, leaving little space for corporate securities. focal government securities are the dominating most fluid segments security market. Nonetheless, regardless expanded volumes, quantity members restricted to around two dozen dynamic players. Since a l...

the purpose of this research is to examine the existence of seasonality in the stock market return, its volatility and trading amount associated with moving calendar events such as the holy month of ramadan using a garch specification and data for the tehran stock exchange (tse) from april 1998 to june 2010. the result shows a statistically significant increase in returns and a systematic patte...

We describe a generic protocol for fair exchange of electronic goods with non-repudiation. Goods can be signatures (i.e., non-repudiation tokens of public data), confidential data, or payments. The protocol does not involve a third party in the exchange in the faultless case but only for recovery.