Foreign Exchange Rates

A Research Overview of the Latest Prediction Techniques

AvArif Orçun Söylemez

Häftad, Engelska, 2022

Del i serien Routledge Focus on Economics and Finance

375 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

Inbunden

1 008 kr

Beskrivning

Predicting foreign exchange rates has presented a long-standing challenge for economists. However, the recent advances in computational techniques, statistical methods, newer datasets on emerging market currencies, etc., offer some hope. While we are still unable to beat a driftless random walk model, there has been serious progress in the field. This book provides an in-depth assessment of the use of novel statistical approaches and machine learning tools in predicting foreign exchange rate movement.First, it offers a historical account of how exchange rate regimes have evolved over time, which is critical to understanding turning points in a historical time series. It then presents an overview of the previous attempts at modeling exchange rates, and how different methods fared during this process. At the core sections of the book, the author examines the time series characteristics of exchange rates and how contemporary statistics and machine learning can be useful in improving predictive power, compared to previous methods used.Exchange rate determination is an active research area, and this book will appeal to graduate-level students of international economics, international finance, open economy macroeconomics, and management. The book is written in a clear, engaging, and straightforward way, and will greatly improve access to this much-needed knowledge in the field.

Produktinformation

Utgivningsdatum:2022-08-29
Mått:138 x 216 x 5 mm
Vikt:160 g
Format:Häftad
Språk:Engelska
Serie:Routledge Focus on Economics and Finance
Antal sidor:82
Förlag:Taylor & Francis Ltd
ISBN:9780367609924

Utforska kategorier

Mer om författaren

Arif Orçun Söylemez is Associate Professor at the Economics Department of Marmara University, Istanbul, Turkey.

Innehållsförteckning

1. A brief introduction of the global foreign exchange market 2. Prominent structural models for exchange rate determination 3. Nonlinearity of the exchange rates 4. Causes of nonlinearity of the exchange rates 5. Machine learning 6. Comparing the predictive powers of models 7. Should we focus on sign estimations rather than point estimations? 8. Final remarks

Mer från samma serie

Political Economy of Financial Development in Malaysia

Lena Rethel

Inbunden, 2020

1 008 kr

What Drives China’s Economy

Qing-Ping Ma

Inbunden, 2019

1 008 kr

Cryptocurrencies

Mark Grabowski

Inbunden, 2019

1 008 kr

Environmentally Sustainable Industrial Development in China

Yanqing Jiang, Xu Yuan

Inbunden, 2020

1 008 kr

Automation, Capitalism and the End of the Middle Class

Jon-Arild Johannessen

Inbunden, 2019

979 kr

China–US Trade War

Guoyong Liang, Haoyuan Ding

Inbunden, 2020

979 kr

Knowledge Infrastructure and Higher Education in India

Kaushalesh Lal, Shampa Paul

Inbunden, 2019

951 kr

Analyzing Electoral Promises with Game Theory

Yasushi Asako

Inbunden, 2020

979 kr

China–US Trade War

Guoyong Liang, Haoyuan Ding

Häftad, 2022

364 kr

Economics of Intellectual Property and Openness

Bartłomiej Biga

Inbunden, 2021

900 kr

Du kanske också är intresserad av

Pokémon Pokémon Mega Evolution 05 - Pitch Black Booster

Pokémon

79 kr