It takes the average reader and 40 minutes to read Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? by Ms.Laura E. Kodres
Assuming a reading speed of 250 words per minute. Learn more
Recent interest in futures contracts on emerging market currencies has raised concerns among some central bank authorities about their ability to maintain stable currencies. This paper presents empirical results examining the influence of the Mexican peso, the Brazilian real, and the Hungarian forint futures contracts on the respective spot markets. While measures of linear dependence and feedback indicate strong connections between the respective markets, futures volatility does not significantly explain spot market volatility, nor does it increase after futures introductions. To account for the characteristics of the spot and futures returns a SWARCH model has been employed to estimate volatility.
Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? by Ms.Laura E. Kodres is 40 pages long, and a total of 10,000 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? aloud.
Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? by Ms.Laura E. Kodres is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? by Ms.Laura E. Kodres on Amazon click the button below.
Buy Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? on Amazon