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1	Zhodnocení čínské politiky FOREXu: perspektiva rovnovážného směnného kurzu / Evaluation of China's FOREX policy: equilibrium exchange rate perspective Qiriga, January 2019 (has links) Master Thesis: Evaluation of China's FOREX Policy: Equilibrium Exchange Rate Perspective. Author: - Qiriga Supervisor: Ing. Vilém Semerák M.A., PhD. Academic Year: 2018/2019 Abstract This thesis investigated China's foreign exchange policy from the equilibrium exchange rate perspective, using the Fundamental Equilibrium Exchange Rate model with multiregional dimension. The core question is whether Renminbi is misaligned (over- or undervalued) from 2001 to 2017. The result indicated that the bilateral nominal exchange rate of Renminbi against the US dollar was undervalued from 2002 to 2013, reaching a peak of 34.2% in 2007. In the rest of the years, it was overvalued slightly against the US dollar. As to the real effective exchange rate (REER) of Renminbi, it was overvalued in the first three years of the 2000s, then went through the period of undervaluation of 9 years, with a smaller degree compared with the bilateral exchange rate. It is shown that from 2013 the REER of Renminbi had been overvalued for several years until it was undervalued again in 2017 by 2%. Keywords FEER, Renminbi, exchange rate misalignment, multinational model, real effective exchange rate
2	What is the equilibrium exchange rate of the Czech koruna? / What is the equilibrium exchange rate of the Czech koruna? Jančovič, Pavel January 2017 (has links) The aim of this thesis is to estimate bilateral equilibrium exchange rate of the Czech koruna relative to Euro and to determine if the Czech currency is undervalued or overvalued relative to the market equilibrium. We employ fundamental (FEER) and behavioral (BEER) equilibrium exchange rate models, which enables to measure the currency position relative to the market rate. To tackle the uncertainty of the implied equilibrium exchange rates that differ among alternative specifications of the models, we aggregate the estimates via principal components analysis. The perception on the market is that Czech koruna is undervalued, since the intervention regime imposed by the Czech National Bank in the 2013, was defending the exchange rate floor of 27 Czech korunas to Euro. Then, we extend conventional specifications of BEER models for variables representing exchange rate interventions and forward rates offered on the market because both can have protracted effects not only on spot rates but on adjustment towards long-term equilibrium as well. The original models with fundamental factors show equilibrium exchange rate near to 25 CZK/EUR. However, extended models with interventions show higher equilibrium exchange rate, near to 27 CZK/EUR. Thus, there is possibility of slow adjustment near to the...
3	Sorgens Separatism Klein, Xenia January 2017 (has links) Jag söker det vackra i det som gör så jävla ont. tvetydigt vackert Jag kallar det för en sorgens separatism. Att bli utestängd från alla andra på grund av sin sorg, för att sedan börja stänga in alla de som av sorgen inte stängts ut. Zarah var en av många som grät en tår och den föll genom staden bort till mitt öga. De som gråter över sorgen, sorgen som är. De gråter i mina ögon. Men när jag väl kommer gråtandes, kommer du då tillåta mig att gråta i ditt? Min konst kanske kan få vara mellanrummet mellan våra tårar, som de kvävda andetagen mitt där i. Det är en sorgens separatisms och jag är osäker på om varken vi sorgsna eller vi sorgliga förstår mer om vad det innebär än om hur det faktiskt känns. fiktion skönlitteratur sorg sorgearbete fantasi Alice i underlandet Lewis Caroll Narnia C.S. Lewis Patrick Modiano Jeanette Winterson Djuna Barnes Nattensskogar transfemininitet transkvinnnor sagor Carl Almqvist rättstavningslära Askungen feer de osynliga skogsrået huldran Kungliga biblioteket Kirby Lovtal till filosofin Lovtal till intet lovtal till fiktionen kritik av naturvetenskapen kritik av akademisering konst litteratur döden Dödens nycker José Saramago tigerlilja folksagor myter sägner Arts Konst

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