This study has its foundation on a model developed by Holden, Holden and Suss (1979). The model is on the determinants of the flexibility of an exchange rate. These determinants are: the openness of an economy; the level of economic development; the diversification of the external sector; geographical concentration of trade; the mobility of capital and the inflation differential. In the present study, the model by Holden, et al is adapted in order to determine whether SADC forms an optimum currency area or not. SADC has a number of objectives which it aims to achieve. One of these objectives is the formation of a monetary union in the future. This is the widest objective for SADC and the path towards achieving this is the establishment of a Trade Protocol that aims to form a Free Trade Area in the region. A number of criteria have to be assessed in order to determine whether SADC does form an optimum criteria or not. The Holden et. al model forms the basis for this assessment. The model reveals that SADC does not form an optimum currency area. SADC has not yet converged on the criteria for a monetary union. / Thesis (M.Com.)-University of Natal, Durban, 2000.

<p>This paper tested the purchasing power parity hypothesis for Botswana and South Africa using cointegration analysis. The data used are the spot exchange rate between the two countries (rand and pula) and their consumer price indices.</p>

This volume contains five essays on topics related to interest rate theory.The first essay, Affine Term Structures and Short-Rate Realizations of Forward Rate Models Driven by Jump-Diffusion Processes, examines the problem of determining when a given forward rate model has a short-rate realization, and when a short-rate model gives rise to an affine term structure.The second essay, On the Inversion of the Yield Curve, co-authored with Tomas Björk, considers a general benchmark short-rate factor model of the term structure of interest rates. It is showed that the benchmark model can be extended so that the implied theoretical term structure can be fitted exactly to an arbitrary initially observed yield curve. A general formula for pricing simple contingent claims in the extended model is also provided.The third essay, An Efficient Series Expansion Approach to a Two-Factor Model of the Term Structure of Interest Rates, presents a two-factor model where both factors follow CIR-type diffusion processes. A series expansion is used to solve for discount bond prices. The model is also compared with a corresponding Gaussian model, and no substantial differences are found between the two models regarding the flexibility and shapes of the yield curves and forward rate curves they generate.The fourth essay, An Efficient Series Expansion Approach to The Balduzzi, Das, Foresi and Sundaram Model of the Term Structure of Interest Rates, revisits the model by BDFS, and apart from giving an explicit solution to discount bond prices by using a series expansion, the model is extended so that the implied theoretical term structure can be fitted exactly to an arbitrary initially observed yield curve.The fifth essay, Quasi Arbitrage-Free Discount Bond Prices in the Cox, Ingersoll and Ross Model, offers an example of a less regular solution to the term structure equation in the CIR model. This new and different solution fails to meet one of the standard regularity conditions, but only at one particular point. Under additional conditions, the solution can be interpreted as a term structure, which is referred to as a "quasi arbitrage-free term structure." / Diss. Stockholm : Handelshögsk., 2001

Thesis (M.B.A.)--University of North Carolina Wilmington, 2008. / Includes appendix. Title from PDF title page (viewed May 28, 2009) Includes bibliographical references (p. 24-25)

Thesis (doctoral)--Freie Universität, Berlin, 2004. / Title from e-book title screen (viewed Oct. 15, 2007). Description based on print version record. Includes bibliographical references (p. [143]-155).

Thesis (Ph. D.)--University of Missouri-Columbia, 1997. / Typescript. Vita. Includes bibliographical references (leaves 216-220). Also available on the Internet.

Thesis (Ph. D.)--University of Missouri-Columbia, 1997. / Typescript. Vita. Includes bibliographical references (leaves 216-220). Also available on the Internet.

Thesis (Ph. D.)--University of Texas at Austin, 2002. / Vita. Includes bibliographical references (leaves 221-226). Available also in an electronic version.

Thesis (M.B.A.)--University of North Carolina Wilmington, 2009. / Title from PDF title page (February 22, 2010) Includes bibliographical references (p. 48-49)

Thesis (M. Soc. Sc.)--University of Hong Kong, 1991.