Corresponding author

Amedeo AMATO, Editor

SOME INTERNATIONAL FINANCIAL CONTRIBUTIONS: EMPIRICAL RESULTS AND POLICY IMPLICATIONS

Pages

I-X

Abstract

The contributions appearing in this issue of Economia Internazionale/International Economics deal with some relevant current questions concerning the relations between economic policy and international portfolio choices.The following topics are studied either from a general perspective or with reference to specific problems emerging in international finance: i)methodologies of assessing portfolio market risk in the BRICS economies; ii) bank competition, concentration and risk taking in banking industry; iii) the adjustment process towards equilibrium in the purchasing power parity hypothesis with particular reference to the use of linear and nonlinear attractors; iv) the accuracy of direct and indirect forecasting of cross exchange rates; v) some empirical analysis of the expectations hypothesis of the term structure of interest rates in reference to Korea after the Asian financial crises.

JEL classification

C20, C53, C58, E43, G18

Keywords

Portfolio Value-at-Risk, Bank Competition, Purchasing Power Parity, Cross Exchange Rates, Expectation Hypothesis