Dynamic responses and tail-dependence among commodities, the US real interest rate and the dollar
Sign Up to like & getrecommendations! Published in 2017 at "Empirical Economics"
DOI: 10.1007/s00181-016-1165-6
Abstract: Theoretical models suggest monetary policy is transmitted to commodity prices. We quantify this channel using several empirical methods under daily data. In early 2009, the US real interest rate became negative, with sample mean varying… read more here.
Keywords: real interest; dependence; dollar; interest rate ... See more keywords
East Asian value chains, exchange rates, and regional exchange rate arrangements
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Asian Economics"
DOI: 10.1016/j.asieco.2019.101132
Abstract: Tariffs and trade wars threaten East Asian economies. Exchange rate appreciations would be less disruptive than protectionism. This paper reports dynamic ordinary least squares findings indicating that appreciations in Asian supply chain countries reduce exports… read more here.
Keywords: east asian; rate; exchange rate; dollar ... See more keywords
Which is the safe haven for emerging stock markets, gold or the US dollar?
Sign Up to like & getrecommendations! Published in 2018 at "Emerging Markets Review"
DOI: 10.1016/j.ememar.2017.12.006
Abstract: This paper examines whether gold or the US dollar is a safe haven for emerging stocks. By calculating the low-high tail dependence between markets via copulas and the downside risk gains of portfolios, we find… read more here.
Keywords: dollar; dollar safe; stock markets; gold dollar ... 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
Dominant currency debt
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2021.06.023
Abstract: Abstract We propose a “debt view” to explain the dominant international role of the dollar. Within a simple capital-structure model with debt-currency choice, we show that the “dominant currency” is the one that (1) depreciates… read more here.
Keywords: currency debt; dominant currency; currency; debt ... See more keywords
Rule of law and balance of power sustain US dollar preeminence
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Policy Modeling"
DOI: 10.1016/j.jpolmod.2017.09.004
Abstract: Abstract In the last few decades, and especially since the financial crisis of 2007–2008, uncertainty about the future of the US dollar has been mounting. A broad-based theoretical debate on the decline of the dollar… read more here.
Keywords: money; rule law; dollar; balance power ... See more keywords
U.S. Dollar Swap Yields: An Analysis of the Dynamics of Monthly Changes
Sign Up to like & getrecommendations! Published in 2023 at "Journal of Economic Issues"
DOI: 10.1080/00213624.2023.2201797
Abstract: Abstract John Maynard Keynes asserted that the central bank sways the long-term interest rate through the influence of its policy rate on the short-term interest rate. Recent empirical research shows that Keynes’s conjecture holds for… read more here.
Keywords: dollar; rate; term; monthly changes ... See more keywords
Dollar debt and equity returns
Sign Up to like & getrecommendations! Published in 2020 at "Applied Economics Letters"
DOI: 10.1080/13504851.2020.1795066
Abstract: ABSTRACT This article examines the relationship between US dollar-denominated debt and the correlations between the equity markets of 31 countries from 2007 to 2016. Our results indicate that the balance sheet mismatch imposed by the… read more here.
Keywords: equity; dollar; dollar denominated; dollar debt ... See more keywords
Food Shopping Experiences Among Dollar Store Shoppers in Fresno and Boston During the COVID-19 Pandemic
Sign Up to like & getrecommendations! Published in 2021 at "Current Developments in Nutrition"
DOI: 10.1093/cdn/nzab029_047
Abstract: Abstract Objectives In this qualitative study, we examined the impact of the COVID-19 pandemic on motivations, decision-making, and food shopping among dollar store shoppers in Fresno, CA and Boston, MA. Eligible participants were ≥18 years… read more here.
Keywords: boston; shopping; dollar; dollar stores ... See more keywords
Demand Effects in the FX Forward Market: Micro Evidence from Banks’ Dollar Hedging
Sign Up to like & getrecommendations! Published in 2020 at "Review of Financial Studies"
DOI: 10.1093/rfs/hhaa123
Abstract: Using contract-level supervisory data, we show that dollar forward sales by non-U.S. banks that are initiated at the end of a quarter and mature shortly after it concludes trade at higher prices and higher volumes.… read more here.
Keywords: dollar; demand effects; market micro; effects forward ... See more keywords
The US Dollar's Continuing Hegemony as an International Currency: A Double-Matrix Analysis
Sign Up to like & getrecommendations! Published in 2017 at "Development and Change"
DOI: 10.1111/dech.12318
Abstract: The standard framework for debating the international currency system casts doubt on the dollar's continuing hegemonic position because it raises questions regarding the ability of the US to finance its external liabilities in the face… read more here.
Keywords: dollar continuing; dollar; different types; international currency ... See more keywords