Meade, Phillips, and the Two-Country Model

2021 ◽  
Vol 53 (4) ◽  
pp. 673-695
Author(s):  
Colin Danby

James Meade played an important role in the 1951 development of the “Mark II” Newlyn-Phillips machine, including making it fit for connection to a mirror-image machine so that policy interactions between two countries could be demonstrated. In 1952 Phillips built, for Meade, a “foreign exchange market” to link two machines. This article reconstructs the linking device from archival evidence, and places the resulting two- country model in the context of Meade’s thought.

Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 1129-1144
Author(s):  
Bichith C. Sekhar ◽  
A. Umamaheswari

The foreign exchange market (Forex, FX, or currency market) is a global decentralized market for the trading of currencies. The foreign exchange market assists international trade and investments by enabling currency conversion. Our study is to test the technical tools to analyze about the technical impact and its return in the market.  For this purpose 13 cross currency pairs were taken as sample size and Jensen’s Alpha, Beta, Relative Strength Index, and Buy and Hold Abnormal Return were used as technical tool for analysis and the conclusion is that it’s not preferred to invest in JPY pairs as the volatility and the return are not up to the mark and its preferred to invest in EURCAD as the return was high when compared to other scripts and the market was moving accordingly to its cross currency pair.


2009 ◽  
Author(s):  
Ron Jongen ◽  
Christian C. P. Wolff ◽  
Remco C. J. Zwinkels ◽  
Willem F. C. Verschoor

2016 ◽  
Author(s):  
Javier Orlando Pantoja ◽  
Federico Mejja-Posada ◽  
Sebastiin Bedoya-RRos

Sign in / Sign up

Export Citation Format

Share Document