Proliferation Of Tail Risks And Policy Responses In The Eu Financial Markets,
2010
Sacred Heart University
Proliferation Of Tail Risks And Policy Responses In The Eu Financial Markets, Lucjan Orlowski
WCBT Faculty Publications
This study draws attention to the proliferation of tail risks in financial markets prior to and during the course of the recent global financial crisis. It examines the level of tail risks in selected equity, interbank lending and foreign exchange markets in selected EU Member States in relation to the United States. The extent of tail risks is assessed by applying general error distribution (GED) parameterization in GARCH volatility tests of the examined variables. The empirical tests prove that tail risks were pronounced across all of the examined European financial markets throughout the crisis. They were also significant prior to …
Rights & Interests: Trade & Disputes,
2010
Queensland University of Technology, Brisbane, Australia
Rights & Interests: Trade & Disputes, Howard Guille
Human Rights & Human Welfare
A review of:
Trade Imbalance: The Struggle to Weight Human Rights Concerns in Trade Policy-Making. By Susan Ariel Aaronson & Jamie M. Zimmerman. New York: Cambridge University Press, 2008. 337pp.
and
Public Values & Public Interest: Counterbalancing Economic Individualism. By Barry Bozeman. Washington, DC: Georgetown University Press, 2007. 219pp.
and
The Impact of the WTO: The Environment, Public Health & Sovereignty. By Trish Kelly. Northampton, MA: Edward Elgar, 2007. 220pp.
Exchange Rate Pass Through Into Domestic Prices In Mainland China,
2010
Edith Cowan University
Exchange Rate Pass Through Into Domestic Prices In Mainland China, Xiangyu Zhang
Theses : Honours
The present study sets up an empirical framework to study the exchange rate pass through (ERPT) issue in China's domestic markets, within the Chinese economic reform period from 1978 till present. The results show a relative low degree of pass-through to consumer and retail prices, but high degree of pass-through to producer and purchasing prices. It suggests that the degree of ERPT tends to diminish along the price chain. In addition, the results also show an increasing trend of the degree of ERPT in recent years. The speed of price reaction to exchange rate shocks may be quicker in recent …
