Module 11.2 LOS 11.e: Fischer Relation and International Fischer Relation
The Fischer relation states that the nominal rate of return is approximately the sum of the real rate and the …
Economics
Module 11.3 LOS 11.j: How flows in BOP affect exchange rates
The BOP is an accounting method that tracks transactions between a country and its international trading partners. It accounts for …
CFA Level II: Economics – Growth Models
Cobb-Douglas Function The Cobb-Douglas Function states that GDP is a function of labor and capital inputs, and their respective productivity. …
CFA Level II: Economics – Exchange Rate Models
Current Account and Exchange Rates Current deficits tend to lead to depreciation of the domestic currency. There are 3 mechanisms …
CFA Level II: Economics – Mark-to-Market Valuation
Mark-to-Market An application of the forward rate valuation equation is the calculating the mark-to-market value of a forward currency contract. …
CFA Level I: Price Indices
Time April 2010 June 2010 Goods Quantity Price Quantity Price Apples C1’ P1’ C1” P1” Corn C2’ P2’ C2” P2” …