Welfare Effects of Transparency in Foreign Exchange Markets High quality books
Welfare Effects of Transparency in Foreign Exchange Markets
By:Mr. Burkhard Drees,Mr. Bernhard Eckwert
Published on 2002-12-01 by International Monetary Fund
This paper studies the impact of enhanced transparency on risk sharing opportunities in the foreign exchange market and the associated implications for ex ante welfare. Transparency is measured in this model by the informational content of publicly observable signals about exchange rate developments. We find that in this model more transparency improves welfare in economies that are poorly endowed with capital and/or where investors are not very risk-averse, while welfare is reduced in economies with large capital endowments and/or where investors are highly risk-averse.
This Book was ranked at 26 by Google Books for keyword Foreign exchange market.
Book ID of Welfare Effects of Transparency in Foreign Exchange Markets's Books is TT4vNewwh8oC, Book which was written byMr. Burkhard Drees,Mr. Bernhard Eckwerthave ETAG "+CRbNVql3Wo"
Book which was published by International Monetary Fund since 2002-12-01 have ISBNs, ISBN 13 Code is 9781451919783 and ISBN 10 Code is 1451919786
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