Essays about: "foreign exchange reserves"
Showing result 1 - 5 of 6 essays containing the words foreign exchange reserves.
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1. Foreign exchange reserves: analysis of size and currency diversification
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This thesis analyses the size of the foreign exchange reserves across countries and attempts to find the determinants that could explain the differences in reserve levels. Factors such as the foreign exchange regime, country development level, current and capital accounts balance, as well as the fuel-exporter status, are all important predictors of reserve size. READ MORE
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2. Lenient Entry, Stringent Exit: A Political Economy of Foreign Exchange Reserve Demand and Policy in the People's Republic of China
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : This thesis explores the links between China’s demand for foreign exchange reserves and the political economy aspects of China’s monetary policy framework since the start of reforms in 1978. In a single-country approach focused on China, this study combines an assessment of the politico-economic factors that may have influenced China’s demand for foreign exchange reserves with a cointegration analysis of the macroeconomic determinants of the demand for reserves. READ MORE
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3. Does a correlation exist between the foreign exchange reserves and the exchange rate? : An empirical study of China
University essay from Handelshögskolan vid Umeå universitet (USBE)Abstract : The main purpose of this study is to investigate relationship between foreign exchange reserves and RMB exchange rate. In order to obtain a precise result, foreign trade situation and GDP are also considered. The monthly data is collected over period 1994 to 2011, and processed through ADF test, Johansen test, and Granger causality test. READ MORE
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4. Crisis in Eastern Europe: Self-inflicted or just bad luck?
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Using a sample of sixteen countries in Eastern Europe, we investigate whether economic fundamentals explain why some countries have suffered more than others in the current financial crisis, or whether the variation just reflects contagion. The theory is that countries with weak fundamentals, captured by an appreciated real exchange rate and a weak banking system, and low levels of foreign exchange reserves are more vulnerable to a currency crisis, measured as an index of the nominal exchange rate depreciation and changes in reserves. READ MORE
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5. Financial Contagion in Emerging Markets
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : The fact that there were several similarities between the financial crises in Mexico 1995 and Asia 1997 makes it interesting to examine whether a model that explained the Mexican crisis also can be applied on the Asian crisis. Thus, this thesis aim is to do a quantitative study of nineteen emerging market economies with a model consisting of three explanatory variables: appreciated real exchange rate, weak banking system and scarce foreign exchange reserves. READ MORE
