EMU and Portfolio Adjustment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook EMU and Portfolio Adjustment write by Kpate Adjaouté. This book was released on 2000. EMU and Portfolio Adjustment available in PDF, EPUB and Kindle. The advent of the euro is a significant event for portfolio managers, both within and outside the monetary union. The euro will affect portfolio decisions through a variety of channels and the emergence of a single currency marks the disappearance of explicit and psychological barriers to international investing. The set of investment opportunities qualifying as 'domestic' is expanding, while the need for diversification across currencies must now be met by an increased demand for assets which are not denominated in euros. This paper examines the principal factors influencing the portfolio reallocation process following the introduction of the euro. Three broad categories of possible portfolio allocation are considered: domestic versus non-domestic investment, debt versus equity investment, and public debt versus private debt investment.
European Monetary Unit and Portfolio Adjustment
European Monetary Unit and Portfolio Adjustment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook European Monetary Unit and Portfolio Adjustment write by Kpate Adjaouté. This book was released on 2000. European Monetary Unit and Portfolio Adjustment available in PDF, EPUB and Kindle.
EMU and Portfolio Adjustment
EMU and Portfolio Adjustment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook EMU and Portfolio Adjustment write by Kpate ADJAOUTÉ. This book was released on 2000. EMU and Portfolio Adjustment available in PDF, EPUB and Kindle.
The Impact of EMU on Portfolio Management
The Impact of EMU on Portfolio Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of EMU on Portfolio Management write by Martin Brookes. This book was released on 1998. The Impact of EMU on Portfolio Management available in PDF, EPUB and Kindle.
QUEST III: an Estimated DSGE Model of the Euro Area with Fiscal and Monetary Policy
QUEST III: an Estimated DSGE Model of the Euro Area with Fiscal and Monetary Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook QUEST III: an Estimated DSGE Model of the Euro Area with Fiscal and Monetary Policy write by Marco Ratto. This book was released on 2008. QUEST III: an Estimated DSGE Model of the Euro Area with Fiscal and Monetary Policy available in PDF, EPUB and Kindle. This paper develops a DSGE model for an open economy and estimates it on euro area data using Bayesian estimation techniques. The model features nominal and real frictions, as well as financial frictions in the form of liquidity constrained households. The model incorporates active monetary and fiscal policy rules (for government consumption, investment, transfers and wage taxes) and can be used to analyse the effectiveness of stabilisation policies. To capture the unit root character of macroeconomic time-series we allow for stochastic trend in TFP, but instead of filtering data prior to estimation, we estimate the model in growth rates and stationary nominal ratios.
