Dynamics of Exchange Rates in Selected Emerging Markets in Risk-on/Risk-off Periods
| Název práce: | Dynamics of Exchange Rates in Selected Emerging Markets in Risk-on/Risk-off Periods |
|---|---|
| Autor(ka) práce: | Ivanov, David |
| Typ práce: | Diploma thesis |
| Vedoucí práce: | Brůna, Karel |
| Oponenti práce: | Šíma, Ondřej |
| Jazyk práce: | English |
| Abstrakt: | This thesis focuses on exchange rates dynamics in Mexico, Turkey and South Korea. We examine the capital flow development in mentioned countries and currency dynamics of the Mexican Peso, Turkish Lira and Korean Won. The main goal of the paper is to evaluate the performance of these currencies in risk-on and risk-off episodes on a sample period from 1997 until 2016. We use analysis and comparison as a methodology for this paper, emphasizing on the relationship and causality between capital flow and exchange rates. We shall reveal that the examined currencies depreciate in risk-off periods and only the Korean Won appreciates in risk-on periods. |
| Klíčová slova: | Emerging Markets; Capital Flow; Balance of Payments; Risk-On/Risk-Off; Exchange Rates |
| Název práce: | Dynamics of Exchange Rates in Selected Emerging Markets in Risk-on/Risk-off Periods |
|---|---|
| Autor(ka) práce: | Ivanov, David |
| Typ práce: | Diplomová práce |
| Vedoucí práce: | Brůna, Karel |
| Oponenti práce: | Šíma, Ondřej |
| Jazyk práce: | English |
| Abstrakt: | This thesis focuses on exchange rates dynamics in Mexico, Turkey and South Korea. We examine the capital flow development in mentioned countries and currency dynamics of the Mexican Peso, Turkish Lira and Korean Won. The main goal of the paper is to evaluate the performance of these currencies in risk-on and risk-off episodes on a sample period from 1997 until 2016. We use analysis and comparison as a methodology for this paper, emphasizing on the relationship and causality between capital flow and exchange rates. We shall reveal that the examined currencies depreciate in risk-off periods and only the Korean Won appreciates in risk-on periods. |
| Klíčová slova: | Emerging Markets; Balance of Payments; Risk-On/Risk-Off; Exchange Rates; Capital Flow |
Informace o studiu
| Studijní program / obor: | Finance and Accounting |
|---|---|
| Typ studijního programu: | Magisterský studijní program |
| Přidělovaná hodnost: | Ing. |
| Instituce přidělující hodnost: | Vysoká škola ekonomická v Praze |
| Fakulta: | Fakulta financí a účetnictví |
| Katedra: | Katedra měnové teorie a politiky |
Informace o odevzdání a obhajobě
| Datum zadání práce: | 23. 11. 2016 |
|---|---|
| Datum podání práce: | 1. 6. 2017 |
| Datum obhajoby: | 15. 6. 2017 |
| Identifikátor v systému InSIS: | https://insis.vse.cz/zp/59741/podrobnosti |