How Long to Read The Curious Case of the Yen as a Safe Haven Currency

How Long Does it Take to Read The Curious Case of the Yen as a Safe Haven Currency?

It takes the average reader and 21 minutes to read The Curious Case of the Yen as a Safe Haven Currency by Mr.Dennis P. J. Botman

Assuming a reading speed of 250 words per minute. Learn more

Description

During risk-off episodes, the yen is a safe haven currency and on average appreciates against the U.S. dollar. We investigate the proximate causes of yen risk-off appreciations. We find that neither capital inflows nor expectations of the future monetary policy stance can explain the yen’s safe haven behavior. In contrast, we find evidence that changes in market participants’ risk perceptions trigger derivatives trading, which in turn lead to changes in the spot exchange rate without capital flows. Specifically, we find that risk-off episodes coincide with forward hedging and reduced net short positions or a buildup of net long positions in yen. These empirical findings suggest that offshore and complex financial transactions should be part of spillover analyses and that the effectiveness of capital flow management measures or monetary policy coordination to address excessive exchange rate volatility might be limited in certain cases.

How long is The Curious Case of the Yen as a Safe Haven Currency?

The Curious Case of the Yen as a Safe Haven Currency by Mr.Dennis P. J. Botman is 21 pages long, and a total of 5,271 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read The Curious Case of the Yen as a Safe Haven Currency Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 28 minutes to read The Curious Case of the Yen as a Safe Haven Currency aloud.

What Reading Level is The Curious Case of the Yen as a Safe Haven Currency?

The Curious Case of the Yen as a Safe Haven Currency 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.

Where Can I Buy The Curious Case of the Yen as a Safe Haven Currency?

The Curious Case of the Yen as a Safe Haven Currency by Mr.Dennis P. J. Botman is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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