Haku
Viitteet 1-10 / 15
Volatile exchange rates and speculation : can the dollar movements of the 1980s be explained?
(15.01.1991)
Bank of Finland Research Discussion Papers 2/1991
Bank of Finland Research Discussion Papers 2/1991
The paper analyzes why exchange rates can deviate substantially from levels predicted by economic fundamentals. Chapter 2 reviews traditional exhange rate models and shows how they fail. Since speculation seems to·play a ...
The finnish experience on maintaining a currency band in the 1980s
(17.12.1990)
Bank of Finland Research Discussion Papers 26/1990
Bank of Finland Research Discussion Papers 26/1990
The paper reviews the Finnish experience of maintaining an explicit currency band since its creation in 1977. The emphasis is on the latter half of the 1980s, which is a period of free capital movements and unregulated ...
International capital flows, deregulation and the offset coefficient in Finland 1975-1990
(16.05.1991)
Bank of Finland Research Discussion Papers 7/1991
Bank of Finland Research Discussion Papers 7/1991
This study examines, using variable-parameter regression, how the offset coefficient in the capital flow equation for Finland has changed over time. We found the constant parameter estimate of the offset coefficient to be ...
Ensimmäisestä maailmansodasta toiseen kultakantaan : Katsaus kelluvien valuuttakurssien ajanjaksoon vuosina 1914-1925
(28.04.1993)
Bank of Finland Research Discussion Papers 7/1993
Bank of Finland Research Discussion Papers 7/1993
Ensimmäinen maailmansota vaikutti maailmantaloudellisiin olosuhteisiin mullistavasti: vuosikymmeniä sovellettu kiinteiden valuuttakurssien järjestelmä, kultakantajärjestelmä, lakkasi olemasta.Hallitusten harjoittama ...
International capital flows in Finland 1975-1990: The role of expectations
(31.01.1992)
Bank of Finland Research Discussion Papers 5/1992
Bank of Finland Research Discussion Papers 5/1992
Financial markets in Finland have undergone important structural changes over the 1980's. Most important have been the emergence of a wellfunctioning short-term money markets and the relaxation of most of the foreign ...
Floating exchange rates and capital mobility
(28.02.1990)
Bank of Finland Research Discussion Papers 5/1990
Bank of Finland Research Discussion Papers 5/1990
Lama ja raha : Suomen luopuminen kultakannasta vuonna 1931
(27.10.1992)
Bank of Finland Research Discussion Papers 30/1992
Bank of Finland Research Discussion Papers 30/1992
Tutkimuksessa on selvitetty lokakuussa 1931 tapahtunutta Suomen luopumista kultakannasta. Tavoitteena on ollut selvittää, mikä ajoi Suomen Pankin siihen tilanteeseen, että oli tehtävä talouspoliit!isen ajattelun vastainen ...
Country characteristics and the choice of the exchange rate regime: are mini-skirts followed by maxis?
(09.11.1992)
Bank of Finland Research Discussion Papers 36/1992
Bank of Finland Research Discussion Papers 36/1992
The paper studies empirically how different country characteristics are associated with the choice of a country's exchange rate regime. The sample consists of 140 economies, both developing and industrialized nations. When ...
Incomplete exchange rate pass-through and hysteresis in trade : A survey of recent theories and an empirical study of export pricing of Finnish paper manufacturies
(01.10.1992)
Bank of Finland Research Discussion Papers 29/1992
Bank of Finland Research Discussion Papers 29/1992
This paper analyzes factors affecting the pass-through from exchange rates to import prices. The prevailing market ·structure, product differentiation, intertemporal optimization and the role of expectations regarding the ...
Measuring the interest rate and exchange rate risk of a commercial bank's portfolio
(15.08.1990)
Bank of Finland Research Discussion Papers 17/1990
Bank of Finland Research Discussion Papers 17/1990
The Bank of Finland, in accordance with its regulations, is responsible for the stability of the financial markets. The main actors in the Finnish financial markets are fourteen authorized foreign,exchange banks. The Bank ...