Developing countries exhibit a more uncertain economic environment than developed countries. Argentina, Brazil and Uruguay in particular, display high levels of real exchange rate uncertainty. Moreover, a succession of trade agreements among them, culminating in the creation of Mercosur in 1991 have increased intra-regional trade. This paper examines empirically the impact of real-effective-exc...

We extend the POMWIG Monte Carlo generator developed by B. Cox and J. Forshaw, to include new models of central production through inclusive and exclusive Double Pomeron Exchange in proton-proton collisions. Double photon Exchange processes are described as well, both in proton-proton and heavy-ion collisions. In all contexts, various models have been implemented, allowing for comparisons and u...

One of the main issues in international finance is the ratio of exchange rate pass through to consumer prices. The main objective of this study is to examine the exchange rate fluctuations and its asymmetric effect on consumer prices in Iran’s economy. In the present study, the effects of positive and negative impacts of the exchange rate on inflation rate and other macroeconomic variables of I...

in recent years, iran has experienced high level depreciation of the nominal exchange rate (ner). the ultimate effects of such depreciation on iranian families’ welfare and income distribution have been a challenging issue among policymakers and researchers. accordingly, this study evaluates the economic effects of ner depreciation on the rice market, using spatial price equilibrium model. the ...

assumption of exchange rate overshooting has significant position in international macroeconomic discussion. this phenomenon is one of the abnormal behaviors of exchange rate that happen in short run. dornbusch (1976) shows that because speed of equilibrium prices is slow relative to asset markets and commodity prices are sticky in the short run, however, over time, commodity prices will rise a...

Iowa Gambling Task (IGT) is frequently used to index individual differences in decision-making under uncertainty, particularly in atypical (clinical) populations. However, it is rarely analyzed as a learning task, and research on the predictors of performance on the IGT in normative populations is scarce. Here, we focused on tolerance and intolerance for uncertainty as two traits that could pot...