Journal•ISSN: 0261-5606
Journal of International Money and Finance
Elsevier BV
About: Journal of International Money and Finance is an academic journal published by Elsevier BV. The journal publishes majorly in the area(s): Exchange rate & Monetary policy. It has an ISSN identifier of 0261-5606. Over the lifetime, 2882 publications have been published receiving 151332 citations.
Topics: Exchange rate, Monetary policy, Economics, Currency, Interest rate
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the authors developed unit root tests for panel data under more general assumptions than the tests previously proposed, such as the number of groups in the panel data is assumed to be either finite or infinite.
3,533 citations
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TL;DR: In this article, the authors studied the correlation of monthly excess returns for seven major countries over the period 1960-90 and found that the international covariance and correlation matrices are unstable over time.
1,998 citations
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TL;DR: This article found that there is a home bias in national investment portfolios despite the potential gains from international diversification, and that the composition of the portfolio of foreign securities seems to reflect factors other than diversification of risk, such as cross-border capital flows and the high turnover rate on foreign equity investments relative to turnover on domestic equity markets.
1,329 citations
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TL;DR: In this article, the results of a questionnaire survey, conducted on behalf of the Bank of England, among chief foreign exchange dealers based in London in November 1988, revealed that at least 90 per cent of respondents place some weight on this form of non-fundamental analysis when forming views at one or more time horizons.
1,166 citations
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TL;DR: The authors developed alternative assumptions leading to valuation formulas for foreign exchange options, which have strong connections with the commodity-pricing model of Black (1976), and with the proportional-dividend model of Samuelson and Merton (1969) when spot prices are given.
965 citations