Original title: Dynamics of Exchange Rates in Selected Emerging Markets in Risk-on/Risk-off Periods
Translated title: Dynamics of Exchange Rates in Selected Emerging Markets in Risk-on/Risk-off Periods
Authors: Ivanov, David ; Brůna, Karel (advisor) ; Šíma, Ondřej (referee)
Document type: Master’s theses
Year: 2017
Language: eng
Publisher: Vysoká škola ekonomická v Praze
Abstract: 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.
Keywords: Balance of Payments; Capital Flow; Emerging Markets; Exchange Rates; Risk-On/Risk-Off; Balance of Payments; Capital Flow; Emerging Markets; Exchange Rates; Risk-On/Risk-Off

Institution: University of Economics, Prague (web)
Document availability information: Available in the digital repository of the University of Economics, Prague.
Original record: http://www.vse.cz/vskp/eid/70809

Permalink: http://www.nusl.cz/ntk/nusl-359882


The record appears in these collections:
Universities and colleges > Public universities > University of Economics, Prague
Academic theses (ETDs) > Master’s theses