The Portfolio-Balance Model of Exchange Rates and Some Structural Estimates of the Risk Premium (Modele d'equilibre de portefeuilles applique aux taux de change et certaines estimations (structurelles) de la prime de risque) (El modelo de equilibrio de cartera para los tipos de cambio y algunas estimaciones estructurales de la prima de riesgo)

1983 ◽  
Vol 30 (4) ◽  
pp. 683 ◽  
Author(s):  
Michael P. Dooley ◽  
Peter Isard
Keyword(s):  
Exchange Rates ◽  
Risk Premium ◽  
Balance Model ◽  
Portfolio Balance

scholarly journals Monte Carlo Simulation Of The Portfolio-Balance Model Of Exchange Rates: Finite Sample Properties Of The GMM Estimator

2011 ◽  
Vol 6 (1) ◽  
Author(s):  
Hong-Ghi Min
Keyword(s):  
Monte Carlo Simulation ◽  
Monte Carlo ◽  
Exchange Rates ◽  
Balance Model ◽  
Finite Sample ◽  
Gmm Estimator ◽  
Portfolio Balance ◽  
Finite Sample Properties ◽  
Chi Squared ◽  
Better Than

Using Monte Carlo simulation of the Portfolio-balance model of the exchange rates, we report finite sample properties of the GMM estimator for testing over-identifying restrictions in the simultaneous equations model. F-form of Sargans statistic performs better than its chi-squared form while Hansens GMM statistic has the smallest bias.

scholarly journals The Portfolio-Balance Model of Exchange Rates

1979 ◽  
Vol 1979 (141) ◽  
pp. 1-28 ◽  
Author(s):  
Michael P. Dooley ◽  
◽  
Peter Isard
Keyword(s):  
Exchange Rates ◽  
Balance Model ◽  
Portfolio Balance

scholarly journals Oil Price Shocks in a Portfolio-Balance Model

1981 ◽  
Vol 1981 (181) ◽  
pp. 1-25 ◽  
Author(s):  
Gerard Caprio ◽  
◽  
Peter B. Clark
Keyword(s):  
Oil Price ◽  
Balance Model ◽  
Oil Price Shocks ◽  
Price Shocks ◽  
Portfolio Balance

An Expanded Graphical Representation of the Portfolio Balance Model of Exchange Rate Determination

1994 ◽  
Vol 38 (2) ◽  
pp. 52-57 ◽  
Author(s):  
Joachim Zietz
Keyword(s):  
Exchange Rate ◽  
Graphical Representation ◽  
Balance Model ◽  
Exchange Rate Determination ◽  
Portfolio Balance ◽  
Foreign Bonds ◽  
Diagram Representation

The traditional one-diagram representation of the portfolio balance model gets high marks for conciseness and efficiency but falls short in providing an intuitive understanding of the forces that drive the model. This paper offers an expanded graphical representation of the model. It features a diagram for each of the three assets considered by the portfolio balance model, domestic bonds, foreign bonds, and domestic money. The purpose is to make the economic adjustments that are taking place in the model's markets more intuitively obvious.

Sign in / Sign up

Export Citation Format

Share Document