| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1850 |
| DP1850 Enforcement of Employment Security Regulations, On-The-Job Search and Unemployment Duration | |
| Tito Boeri | |
| 发表日期 | 1998-03-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | The UK pound left the ERM on 16 September 1992 after a period of turbulence. UK monetary policy soon shifted to lower short interest rates and an inflation target was announced. This paper uses daily option prices to estimate how the market?s probability distribution of the future Deutsche mark/sterling exchange rate and UK and German interest rates changed over the summer and autumn of 1992. The results show, among other things, how various policy decisions affected the market?s assessment of the probabilities of realignments and lending rate cuts. |
| 主题 | International Macroeconomics |
| 关键词 | Exchange rates Futures Interest rates Options Risk neutral distribution |
| URL | https://cepr.org/publications/dp1850 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530990 |
| 推荐引用方式 GB/T 7714 | Tito Boeri. DP1850 Enforcement of Employment Security Regulations, On-The-Job Search and Unemployment Duration. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Tito Boeri]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Tito Boeri]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Tito Boeri]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
