Zobrazeno 1 - 10
of 27
pro vyhledávání: '"Maurice J Roche"'
Autor:
Maurice J Roche, Michael J Moore
We present a simple framework in which both the exchange rates disconnect and forward bias puzzles are simultaneously resolved. The flexible-price two-country monetary model is extended to include a consumption externality with habit persistence. Hab
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c3917357125397c9a767adf532c06941
https://doi.org/10.32920/ryerson.14637912
https://doi.org/10.32920/ryerson.14637912
Autor:
Michael J Moore, Maurice J Roche
We present a model that simultaneously explains why uncovered interest parity holds for some pairs of countries and not for others. The flexible-price two-country monetary model is extended to include a consumption externality with habit persistence.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8758a1bc184f61221b6e2d1cb4827fb8
https://doi.org/10.32920/ryerson.14637378
https://doi.org/10.32920/ryerson.14637378
Autor:
Michael Moore, Maurice J. Roche
Publikováno v:
Journal of International Money and Finance. 29:1151-1170
We present a simple framework in which both the exchange rates disconnect and forward bias puzzles are simultaneously resolved. The flexible-price two-country monetary model is extended to include a consumption externality with habit persistence. Hab
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::cd4e24e797aa48476b14d5bd24562bb7
https://doi.org/10.1016/j.jimonfin.2010.02.008
https://doi.org/10.1016/j.jimonfin.2010.02.008
Autor:
Maurice J. Roche, Michael Moore
Publikováno v:
Journal of Monetary Economics. 55:423-433
The flexible-price two-country monetary model is extended to include a consumption externality with habit persistence. Two methodologies are employed to explore this model's ability to generate volatile and persistent exchange rates. In the first, ac
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::87d5d03d916f66f8b29f871e2e382646
https://doi.org/10.1016/j.jmoneco.2007.01.001
https://doi.org/10.1016/j.jmoneco.2007.01.001
Autor:
Maurice J. Roche
Publikováno v:
Applied Financial Economics Letters. 2:179-182
Agents are assumed to have a power risk aversion utility function in an otherwise standard asset-pricing model. When these preferences display decreasing relative risk aversion they are capable of eliminating one version of the equity premium and ris
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::28da7ed683a24d445cc2bde2cc7b075f
https://doi.org/10.1080/17446540500447611
https://doi.org/10.1080/17446540500447611
Autor:
Kieran McQuinn, Maurice J. Roche
Publikováno v:
European Review of Agriculture Economics. 31:111-123
The new payment regime for the European Union's Common Agricultural Policy adopted in June 2003 will decouple from production all direct payments made to farmers. The potential implications of this policy change for producers' land allocation decisio
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0b3682919fb2a62b9517a0e7bc44534e
https://doi.org/10.1093/erae/31.2.111
https://doi.org/10.1093/erae/31.2.111
Autor:
Kieran McQuinn, Maurice J. Roche
Publikováno v:
European Review of Agriculture Economics. 30:77-98
This paper uses a multivariate vector error-correction generalized autoregressive conditional heteroscedasticity model to investigate the effect of British grain prices on their Irish equivalents. We find that in the long run the law of one price hol
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5aa5b3077844823de1e64d3c282b83e4
https://doi.org/10.1093/erae/30.1.77
https://doi.org/10.1093/erae/30.1.77
Autor:
Maurice J. Roche, Michael Moore
Publikováno v:
Journal of International Economics. 58:387-411
The two-country monetary model is extended to include a consumption externality with habit persistence. The model is simulated using the artificial economy methodology. The ‘puzzles’ in the forward market are re-examined. The model is able to acc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f80fd86e4ebfe29e2d120b096c3995ea
https://doi.org/10.1016/s0022-1996(01)00171-4
https://doi.org/10.1016/s0022-1996(01)00171-4
Autor:
Maurice J. Roche, Mike Moore
Publikováno v:
Journal of Empirical Finance. 8:157-170
The forward foreign exchange market is modelled within the framework of a limited participation two-country model and then simulated using the artificial economy methodology. The new model improves on the standard two-country cash-in-advance model in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::eeffbcc92201e772b7aa72b10337d4a9
https://doi.org/10.1016/s0927-5398(01)00019-6
https://doi.org/10.1016/s0927-5398(01)00019-6
Autor:
Maurice J. Roche
Publikováno v:
Economic Modelling. 18:281-295
The recent dramatic rise in house prices in Dublin has been regularly discussed in the media. An obvious question is whether the seemingly ever-increasing house prices are driven by market fundamentals or by speculation? While the observed increase i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d8f8789b36783a682db7d9a6e6e18abb
https://doi.org/10.1016/s0264-9993(00)00040-7
https://doi.org/10.1016/s0264-9993(00)00040-7