The main purpose of this paper is to verify the effectiveness of the bivariate Component GARCH-in-mean (GARCHM) model and analyze the interactions and risk premium of equity markets by exploring the shortand long-run volatility components on both the Taiwanese and Japanese equity markets. We show that unexpected shocks of volatility will in general influence the fluctuations of both equity and ...

this article analyses the effects of foreign exchange commitment and exchange rate unification policies on iran’s non-oil exports during the last three decades. in addition, the effects of these policies on non-oil exports have empirically been estimated. for this purpose, an export supply model was estimated using the econometrics technique of auto regressive distributed lag (ardl) and reliabl...

In this study aims to examine the effect of foreign exchange earnings and promotional costs on profits PT. Bank Muamalat. The data source in is secondary form published financial reports. analysis method uses multiple regression with SPSS processing techniques. From test states 1) There a significant positive Foreign Exchange Income Promotion Costs. linear test, calculated F value 8.339, higher...

In this paper, we have investigated artificial neural networks based prediction modeling of foreign currency rates using three learning algorithms, namely, Standard Backpropagation (SBP), Scaled Conjugate Gradient (SCG) and Backpropagation with Bayesian Regularization (BPR). The models were trained from historical data using five technical indicators to predict six currency rates against Austra...

We conducted an inquiry on the short run and long impact of energy use, trade openness, exchange rate foreign direct investment (FDI) in Indonesia from 1981 to 2015. Energy use is one key variables because host countries cannot easily anticipate short�term shortage, whereas investors interpret such shortage as indicator progress readiness manufacturing sector. error correction model explain...

Foreign exchange transactions are subject to a unique type of settlement risk. This risk ultimately stems from the difficulty of coordinating separate settlements in two different currencies. Settlement of foreign exchange transactions through the proposed CLS (“Continuous Linked Settlement”) Bank has been discussed as a potential solution to this problem. This paper describes the CLS proposal ...

The foreign exchange market is one of the biggest markets in the global financial capital market. With current trends toward financial capital globalization, it is becoming more important to understand the co-movement of foreign exchange. Investors always want to get all kinds of messages to make decisions about investing. Moreover, they always look forward to making a profit. This study invest...