The COVID-19 pandemic is a serious global issue destroying financial markets awfully. The
proper estimation effect of COVID-19 pandemic on dynamic emerging financial markets is a …

Quantitative Financial Economics Quantitative Financial Economics provides a
comprehensive introduction to models of economic behaviour in financial markets, focusing …

This paper provides a selective overview of puzzles in exchange rate economics. We begin
with the forward bias puzzle: high interest rate currencies appreciate when one might guess …

Through the exogenous growth model, the inflow of international investments promotes
economic growth by the inclusion of foreign technologies in production functions and capital …

We propose new scoring rules based on conditional and censored likelihood for assessing
the predictive accuracy of competing density forecasts over a specific region of interest, such …

Using novel real-time data on a broad set of economic fundamentals for five major US dollar
exchange rates over the recent float, we employ a predictive procedure that allows the …

A regime-switching real-time copula GARCH (RSRTCG) model is suggested for optimal
futures hedging. The specification of RSRTCG is to model the margins of asset returns with …

The study aims to present a systematic overview of the research in the field of exchange rate
projection models through bibliometric techniques and content analysis. First, 775 articles …

The authors develop a Markov regime‐switching time‐varying correlation generalized
autoregressive conditional heteroscedasticity (RS‐TVC GARCH) model for estimating …

We propose an empirical model for deviations from long-run purchasing power parity (PPP)
that simultaneously accounts for three key features:(i) adjustment toward PPP may occur via …