Listagem FGV EPGE - Ensaios Econômicos por Assunto "Especulação"

Itens para a visualização no momento 1-4 of 4

    • Preferences, common knowledge and speculative trade 

      Dow, James; Werlang, Sérgio Ribeiro da Costa; Madrigal, Vicente
      1990-01
      We study the proposition that if it is common knowledge that en allocation of assets is ex-ante pareto efficient, there is no further trade generated by new information. The key to this result is that the information ...

    • Speculative attacks on debts and optimum currency area: a welfare analysis 

      Araújo, Aloísio Pessoa de; Leon, Márcia Saraiva
      2003-11-14
      Traditionally the issue of an optimum currency area is based on the theoretical underpinnings developed in the 1960s by McKinnon [13], Kenen [12] and mainly Mundell [14], who is concerned with the benefits of lowering ...

    • Speculative attacks on debts, dollarization and optimum currency areas 

      Araújo, Aloísio Pessoa de; Leon, Márcia Saraiva
      2002-04-01
      The purpose of this article is to contribute to the discussion of the financial aspects of dollarization and optimum currency areas. Based on the model of self-fulfilling debt crisis developed by Cole and Kehoe [4], it is ...

    • Volatility modelling in the forex market: an empirical evaluation 

      Roche, Bruno B.; Flôres Junior, Renato Galvão
      1999-10
      We compare three frequently used volatility modelling techniques: GARCH, Markovian switching and cumulative daily volatility models. Our primary goal is to highlight a practical and systematic way to measure the relative ...