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Foreign Exchange Market Intervention - Market Microstructure Models and Empirical Investigations (Hardcover) Loot Price: R3,431
Discovery Miles 34 310
You Save: R1,090 (24%)
Foreign Exchange Market Intervention - Market Microstructure Models and Empirical Investigations (Hardcover): Nevi Danila,...

Foreign Exchange Market Intervention - Market Microstructure Models and Empirical Investigations (Hardcover)

Nevi Danila, Sardar M. N Islam

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List price R4,521 Loot Price R3,431 Discovery Miles 34 310 | Repayment Terms: R322 pm x 12* You Save R1,090 (24%)

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This book investigates the effectiveness of government intervention from the market microstructure perspective, especially focusing on its impact concerning the setting of bid-ask exchange rates (from the Plaza Agreement to the Louvre Accord). The authors test the effect of intervention on the dealers behaviour in controlling his/her inventory to set the quotation of exchange rates. The authors also examine the relative importance of the inventory cost in three components of the bid-ask spread. Finally, they analyse the impact of intervention on a spread. This book develops new econometric models which have produced results for sound FOREX and financial management strategies. This book is multi-disciplinary, technical and specialised, but focused on contemporary and emerging issues in FOREX and financial markets in addressing the issues of financial markets and for theory and hypothesis development which have general implications for finance theory.

General

Imprint: nova science publishers
Country of origin: United States
Release date: February 2019
Authors: Nevi Danila • Sardar M. N Islam
Dimensions: 230 x 155mm (L x W)
Format: Hardcover
Pages: 172
ISBN-13: 978-1-5361-4710-0
Categories: Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General
Books > Money & Finance > Investment & securities > General
LSN: 1-5361-4710-9
Barcode: 9781536147100

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