Concept
Currency board
Related lectures (21)
Exchange Arrangements and Restrictions
Delves into the 2021 IMF report on exchange arrangements and restrictions, exploring various exchange rate systems and the effects of fiscal policies.
Applications: Markov Models and Pricing
Explores applications of Markov models in finance, focusing on pricing derivatives and risk-neutralization.
Permanent Increase in Ms: Short- and Long-Run
Explores the effects of a permanent increase in money supply on short- and long-run equilibrium and discusses empirical evidence on the Fisher relationship.
Global Financial Crisis and Monetary Policy
Explores the Global Financial Crisis of 2008-09, unconventional monetary policies, interbank market pressures, and concepts like Purchasing Power Parity.
Factor Models and CAPM
Covers the Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
The Internationalization of Renminbi, China's Economy
Discusses the internationalization of the Renminbi and its impact on China's economy.
Optimization Algorithms: Greedy Approach
Explores optimization problems and greedy algorithms for efficient decision-making.
Output and Exchange Rates: Short Run Dynamics
Explores short-run dynamics of output and exchange rates in a global business environment.
Efficient Markets: Implications and Anomalies
Explores the Efficient Market Hypothesis implications, market efficiency reasons, anomalies, mutual fund performance, and factor models in performance measurement.
Asset Pricing Puzzles: Understanding Risk and Utility Models
Explores asset pricing puzzles, risk-return dynamics, and utility models in financial economics.