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Stock Charts For Dummies

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Author:

Lita Epstein

Number Of Downloads:

97

Number Of Reads:

8

Language:

English

File Size:

21.68 MB

Category:

Business

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Pages:

539

Quality:

good

Views:

1685

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Book Description

The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined. Using sectoral output and employment data, relative prices and relative productivities are calculated for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand. Time series regressions of the real exchange rate on relative prices indicate a role for relative prices for Indonesia, Japan and Korea. When examining real exchange rates and relative productivity ratios, one finds a relationship for Japan, Malaysia, and the Philippines. Only when augmenting the regressions with real oil prices are significant relationships obtained for Indonesia and Korea. Panel regression results are slightly more supportive of a relative price view of real exchange rates. However, the panel regressions incorporating productivity variables, as well as other demand side factors, are less encouraging, except for a small subset of countries (Indonesia, Japan, Korea, Malaysia and the Philippines). Surprisingly, government spending does not appear to be a determinant of real exchange rates in the region.
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Lita Epstein

Summary Author of more than 40 books, including Reading Financial Reports for Dummies, Trading for Dummies, and Stock Charts for Dummies. Earned the award for Feature Reporting by the New York Press Club Experience Lita Epstein earned her master’s degree at Emory University’s Goizueta Business School, where she ran the accounting lab for MBAs and Executive MBAs. After completing her MBA, she worked as the associate director of development for The Carter Center and then as assistant manager of facilities management for the Emory clinics. She is the author of more than 35 books, including The Business Owner’s Guide to Reading and Understanding Financial Reports, Bookkeeping for Dummies, and Reading Financial Reports for Dummies. Prior to earning her master’s degree, Lita worked as a newspaper reporter, magazine editor, and press secretary for a U.S. Congressman. Lita earned her undergraduate degree in community development at Rutgers University. She continues to work as a volunteer for community development entities in the community in which she lives. Education Lita received her bachelor's from Rutgers University with a degree in community development and earned her MBA from Emory University's Goizueta Business School. Quote from Lita Epstein "I enjoy translating complex financial and political topics critical to people’s everyday lives. Building on my personal experience as a press secretary for a U.S. Congressman and my analytical skills developed as I completed her MBA from Emory University’s Goizueta Business School, I enjoy helping people explore difficult financial and political issues."
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