Low and high prices can improve covariance forecasts: The evidence based on currency rates
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Forecasting"
DOI: 10.1002/for.2525
Abstract: In this paper we introduce a new specification of the BEKK model, where its parameters are estimated with the use of closing and additionally low and high prices. In an empirical application, we show that… read more here.
Keywords: high prices; improve covariance; currency; low high ... See more keywords
Modelling currency demand: the case of the euro
Sign Up to like & getrecommendations! Published in 2020 at "Empirical Economics"
DOI: 10.1007/s00181-020-01939-8
Abstract: Liquidity management is a key mission of a central bank. In particular, the adequate provision of banknotes requires the understanding of what drives currency demand. The challenge is even bigger in the case of the… read more here.
Keywords: currency; modelling currency; demand case; currency demand ... See more keywords
Coinnet: platform independent application to recognize Indian currency notes using deep learning techniques
Sign Up to like & getrecommendations! Published in 2020 at "Multimedia Tools and Applications"
DOI: 10.1007/s11042-020-09031-0
Abstract: In India, nearly 12 million visually impaired people had difficulty in identifying the currency notes. There is a need to develop an application that can recognize the currency note and provide a vocal message. In… read more here.
Keywords: application recognize; currency notes; currency; indian currency ... See more keywords
A systematic framework to understand central bank digital currency
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DOI: 10.1007/s11432-017-9294-5
Abstract: The ongoing research and development of digital fiat currency (DFC) have triggered attention of policy makers, regulators and the industrial and academic communities. But there is not yet a clear idea and blueprint of what… read more here.
Keywords: central bank; currency; framework understand; systematic framework ... See more keywords
Foreign currency borrowing and risk-hedging behavior: Evidence from Cambodian households
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Asian Economics"
DOI: 10.1016/j.asieco.2018.07.002
Abstract: Foreign currency borrowing, also known as financial dollarization given the dominance of the U.S. dollar, is a growing issue in developing countries. This study investigates the determinants of foreign currency borrowing of households in Cambodia… read more here.
Keywords: hedging behavior; currency borrowing; currency; foreign currency ... See more keywords
The rise of a new anchor currency in RCEP? A tale of three currencies
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2021.105647
Abstract: We propose a flow-based criterion (intensity of use) and a stock-based criterion (stability of value) for choosing an anchor currency. This conceptual framework is applied to analyzing the RCEP region. According to the estimated TVP-VAR… read more here.
Keywords: criterion; currency; currency rcep; rise new ... See more keywords
House price convergence in euro zone and non-euro zone countries
Sign Up to like & getrecommendations! Published in 2018 at "Economic Systems"
DOI: 10.1016/j.ecosys.2017.05.010
Abstract: This study investigates whether single currency use increased house price convergence among various countries. First, the panel unit root test results indicate that the house prices in euro zone countries were more correlated than the… read more here.
Keywords: zone countries; currency; euro zone; price ... See more keywords
The road to currency internationalization: Global perspectives and chinese experience
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DOI: 10.1016/j.ememar.2018.11.003
Abstract: Abstract This paper studies international currency use in financial transactions. A currency becomes international when it circulates outside of its issuing country, and advances to vehicle currency status if used by non-residents. With currency information… read more here.
Keywords: currency; rmb; internationalization; use ... See more keywords
Price disparity between Chinese A- and H-shares: Dividends, currency values, and the interest rate differential
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DOI: 10.1016/j.gfj.2021.100619
Abstract: Abstract We provide new evidence on price disparity between Chinese A- and H-shares for cross-listed companies in the period 2006–2019. Our panel-data results show that the A-share price premium is negatively related to cash dividends… read more here.
Keywords: currency; currency values; price; price disparity ... See more keywords
Return dispersion risk in FX and global equity markets: Does it explain currency momentum?
Sign Up to like & getrecommendations! Published in 2018 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2018.01.010
Abstract: Abstract We investigate the potential link between momentum in currency returns and global economic risk as measured by currency return dispersion (RD). Initial tests contribute to the exchange rate puzzle by showing that a common… read more here.
Keywords: risk; currency momentum; currency; return dispersion ... See more keywords
Spillovers and connectedness between major precious metals and major currency markets: The role of frequency factor
Sign Up to like & getrecommendations! Published in 2021 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2021.101672
Abstract: Abstract We examine the volatility spillovers and hedging characteristics between four major precious metals futures (gold, palladium, platinum, and silver) and seven major currencies (Australian dollar, British pound, Canadian dollar, Chinese yuan, Euro, Japanese yen,… read more here.
Keywords: precious metals; time; currency; term ... See more keywords