scholarly journals Cryptocurrencies and Exchange Rates: A Relationship and Causality Analysis

Risks ◽  
2018 ◽  
Vol 6 (4) ◽  
pp. 111 ◽  
Author(s):  
Angelo Corelli

The paper analyzes the relationship between the most popular cryptocurrencies and a range of selected fiat currencies, in order to identify any pattern and/or causality between the series. Cryptocurrencies are a hot topic in Finance due to their strict relationship with the Blockchain system they originate from and therefore are normally considered as part of the ongoing, world-wide financial revolution. This innovative study investigates this relationship for the first time by thoroughly investigating the data, their features, and the way they are interconnected. Results show very interesting results in terms of how concentrated the causality effect on some specific cryptocurrencies and fiat currencies is. The outcome is a clear and possibly explainable relationship between cryptocurrencies and Asian markets, while envisioning some kind of Asian effect.

2021 ◽  
Vol 11 (1) ◽  
pp. 12-17
Author(s):  
Dindar Saeed Saeed ◽  
Sadeq Taha Abdulazeez ◽  
Sarbast Kamal Rasheed ◽  
Rogash Younis Masiha ◽  
Diyar Hashim Malo

Petroleum is one of the world's most important economic products. It is widely accepted that petroleum is not only an energy product, but also a financial asset. Therefore, it is important to understand the dependence of petroleum prices on economic conditions and financial markets and how they can affect the world economy. The fluctuations in world petroleum prices affect the economies of petroleum importing countries through different channels. One of the most important of these influence channels is the exchange rate. Because changes in exchange rates cause different economic problems in fragile economies. Changes in petroleum prices affect the economic performance of any country through various channels. One of the channels of influence is exchange rates. Petroleum prices affect the transfer of income from petroleum exporting countries to petroleum importing countries through trade and thus determine the exchange rate. In this study, the Relationship between Petroleum Price and Real Exchange Rate in Iraq was examined by ADF unit root test, Johansen-Juselius cointegration test and Granger causality analysis. For the analysis, the Petroleum Price and Real Exchange Rate data of Iraq were taken from the official website of the World Bank and transferred to the Eviews 10 program and necessary analyzes were made. The results of the analysis were analyzed and interpreted in tables.


Author(s):  
Oguzhan Aydemir ◽  
Banu Demirhan

The relationship and causality between stock prices and exchange rates has preoccupied the minds of economists, investors and policy makers for a long time. However, the relationship or the direction of causality between these two variables still remains unresolved in both theory and empirics. This study examines panel Granger causality relationship between stock price and exchange rate for selected six MENA countries (Bahrain, Lebanon, Morocco, Pakistan, Qatar, and Saudi Arabia) over the period of 2005:01 and 2013:12. Panel DOLS and FMOLS methods are used to estimate long-run coefficients. On the other hand, panel based error-correction model is used to perform causality analysis. The findings of FMOLS and DOLS methods indicate that the appreciation of local currency in Bahrain, Lebanon, Morocco, Pakistan and Qatar leads to a reduction in stock prices. Contrary, in Saudi Arabia, the appreciation of local currency increases stock prices. Panel Granger causality analysis shows that there is a unidirectional causality from exchange rate to stock prices in MENA countries.


2016 ◽  
Vol 59 (4) ◽  
pp. 1075-1105
Author(s):  
BRIAN HUGHES

ABSTRACTA second Irish Grants Committee met for the first time in October 1926 to deal with claims for compensation from distressed southern Irish loyalists. By the time it had ceased its work, the committee had dealt with over 4,000 applications and recommended 2,237 ex-gratia grants. The surviving files constitute over 200 boxes of near-contemporary witness testimony and supplementary material making them an incomparable, if problematic, source for the study of the southern loyalist experience of the Irish Revolution – a topic of much current historiographical interest. Applicants had to prove that they had suffered loss on account of their ‘allegiance to the government of the United Kingdom’, and by applying labelled themselves as both ‘loyalist’ and ‘victim’. A study of the claim files from one district, Arva in County Cavan, offers unique perspectives on the loyalist experience of revolution in a southern Irish community, personal definitions of loyalty, and the relationship between behaviour and allegiance during war. The Arva applicants often struggled to present their financial losses as resulting directly from their ‘loyalty to the Crown’. Their statements, and the way they were treated by the committee, serve to complicate an often over-simplified understanding of civilian behaviour and popular support.


2021 ◽  
Author(s):  
davidming ming

Today's world continues to change, including the way people perceive sex problems. Some of the problems that arise are: What is meant by education? Sex in a world of sin? How is the Relationship of Sex Education as a Foundation of Christian Faith to the Doctrine of Holiness according to Reformed? The answer: (1) The Bible's view of sex education is God's work on humans since creation. (2) Sex is something sacred as God instituted marriage for the first time in Eden. (3) Sex education can be related to the doctrine of holiness as the foundation of Christian faith as follows: First, it is necessary to develop holiness education in schools, seminars and in churches in order to clarify the position of sexual sinfulness committed outside of marriage. Second, God-centered holiness becomes dependent only on God and not on humans. Third, the holiness modeled by Jesus becomes a figure that everyone can imitate so that everyone has a calling to live. Keyword s: Sex education, sinfulness, holiness, reformed doctorate


2012 ◽  
Vol 33 (4) ◽  
pp. 227-236 ◽  
Author(s):  
Agata Wytykowska

In Strelau’s theory of temperament (RTT), there are four types of temperament, differentiated according to low vs. high stimulation processing capacity and to the level of their internal harmonization. The type of temperament is considered harmonized when the constellation of all temperamental traits is internally matched to the need for stimulation, which is related to effectiveness of stimulation processing. In nonharmonized temperamental structure, an internal mismatch is observed which is linked to ineffectiveness of stimulation processing. The three studies presented here investigated the relationship between temperamental structures and the strategies of categorization. Results revealed that subjects with harmonized structures efficiently control the level of stimulation stemming from the cognitive activity, independent of the affective value of situation. The pattern of results attained for subjects with nonharmonized structures was more ambiguous: They were as good as subjects with harmonized structures at adjusting the way of information processing to their stimulation processing capacities, but they also proved to be more responsive to the affective character of stimulation (positive or negative mood).


2011 ◽  
Vol 10 (3) ◽  
pp. 139-143 ◽  
Author(s):  
Gazi Islam ◽  
Sarah E. S. Zilenovsky

This note examines the relationship between affirmative action (AA) program perceptions and women’s self-ascribed capacity and desire to become leaders. We propose that women who believe that their organization implements a program of preferential selection toward women will experience negative psychological effects leading to lowered self-expectations for leadership, but that this effect will be moderated by their justice perceptions of AA programs. We test this proposition empirically for the first time with a Latin American female sample. Among Brazilian women managers, desire but not self-ascribed capacity to lead was reduced when they believed an AA policy was in place. Both desire’s and capacity’s relationships with belief in an AA policy were moderated by justice perceptions.


2019 ◽  
Vol 41 (2) ◽  
pp. 67-81
Author(s):  
Douglas A. Kibbee ◽  
Alan Craig

We define prescription as any intervention in the way another person speaks. Long excluded from linguistics as unscientific, prescription is in fact a natural part of linguistic behavior. We seek to understand the logic and method of prescriptivism through the study of usage manuals: their authors, sources and audience; their social context; the categories of “errors” targeted; the justification for correction; the phrasing of prescription; the relationship between demonstrated usage and the usage prescribed; the effect of the prescription. Our corpus is a collection of about 30 usage manuals in the French tradition. Eventually we hope to create a database permitting easy comparison of these features.


2020 ◽  
Vol 3 ◽  
pp. 81-84
Author(s):  
Karen Chan

For me, rhythm means having consistency. The piece highlights my own experience with the disruption of my daily rhythm due to COVID-19. The first half shows my routine and interactions prior to COVID-19 while the second half shows my experiences in the present day. Prior to the virus, I had a day to day routine that was filled with noise. Everyday moved quickly and I established a daily rhythm. However, when COVID-19 spread, it changed everything. I felt like I didn’t have a routine anymore because I wasn’t allowed to go anywhere. Time was moving much slower and worst of all, xenophobia was growing at a significant rate. As a Chinese Canadian, this was the first time I truly felt the weight of the color of my skin. COVID-19 changed the way that I consistently assumed that the color of my skin wasn’t something that strangers would significantly care about. However, as I got on a bus, I unintentionally scared a woman simply because of my skin color. From that point, I knew that xenophobia would affect the way people perceived me everyday. The woman was scared of the virus— which in turn was scared of me—and I was scared that she would thwart her anger towards me because I am Chinese. If looks could kill, then the woman and I ironically both feared each other. Now, due to COVID-19, I am adapting to a new routine. A routine where the color of skin rings louder than any other sound.


Paragraph ◽  
2020 ◽  
Vol 43 (1) ◽  
pp. 98-113
Author(s):  
Michael Syrotinski

Barbara Cassin's Jacques the Sophist: Lacan, Logos, and Psychoanalysis, recently translated into English, constitutes an important rereading of Lacan, and a sustained commentary not only on his interpretation of Greek philosophers, notably the Sophists, but more broadly the relationship between psychoanalysis and sophistry. In her study, Cassin draws out the sophistic elements of Lacan's own language, or the way that Lacan ‘philosophistizes’, as she puts it. This article focuses on the relation between Cassin's text and her better-known Dictionary of Untranslatables, and aims to show how and why both ‘untranslatability’ and ‘performativity’ become keys to understanding what this book is not only saying, but also doing. It ends with a series of reflections on machine translation, and how the intersubjective dynamic as theorized by Lacan might open up the possibility of what is here termed a ‘translatorly’ mode of reading and writing.


Sign in / Sign up

Export Citation Format

Share Document