英国论文代写网

当前位置: 首页 > 精品范例 > 英国论文代写essayassignment
英国论文代写essayassignment

英国代写-英国论文代写78分优秀assignment范例paper:financial market

英国代写-英国论文代写78分优秀assignment范例paper:financial market
  • 国家 : 英国论文代写
  • 级别 : 硕士
  • 专业 :
QQ768093293八年数万高分反馈成绩截图+写手资料证书水印照片曝光!史上最强联盟tutor+外籍+PHD上千精英联盟!邦典留学生论文代写网专业致力留学生英语论文作业的代写服务,无论英国论文代写还是澳洲论文代写,加拿大论文代写还是新西兰香港墨尔本悉尼温哥华等国家地区的论文都可以快速保质完成。专业留学英语论文代写.铁证如山数万截图100%好评!不满意退款!

详细描述

1.Introduction (300 words)

 

The purpose of the paper: (60 words)

An introduction of financial integration

Briefly discuss the positive effects of the financial integration

Briefly discuss the negative effects of the financial integration (financial crisis, “hot money”, etc.)

The national financial regulations

The aim of the study: the measurement of the financial integration; the relationship between the Foreign Trade and Financial Integration; the considerations of other explanatory variables like GDP and National Financial Regulations.

A brief of previous work: (60 words)

How this study is different: (60 words)

Data and methods: (60 words)

Organization of the paper: (60 words)

The report will be split into six parts. In the first part of introduction, the background and the aim of the study will be presented. Then, in literature reviews, the findings from the previous studies will be discussed. Subsequently, in section three, the theoretical framework of the study will be demonstrated. Following this, the data and methodology being employed will be given. In section five, the results will be presented, being followed by the section six of some conclusions.

 

 

 

2.Literature Reviews (500 words)

 

What are the factors that would influence the Financial Integration (Foreign Assets and Liabilities)?

Financial Integration: output, demographic factors, debt, etc. – by Lane, P. R. et al. (2003).

Financial integration: GDP, trade, external liberalization, financial depth, stock market capitalization, etc. – by Lane, P. R. et al. (2006).

Financial integration: FDI, portfolio investments, etc. – by Lane, P. R. et al. (2007)

Financial integration: real interest rates, real GDP – by International Chamber of Commerce (2012)

Financial Integration: trade openness, real GDP per capita, economic regulations, etc. – byKose, M. A. et al. (2009)

 

References:

International Chamber of Commerce (2012) ICC-IMF Market Snapshot. A Market Intelligence Report of the ICC Banking Commission.

Kose, M. A. et al. (2009) Thresholds in the Process of International Financial Integration. Global Economy and Development Working Paper, vol. 35.

Lane, P. R. et al. (2003) International Financial Integration. International Monetary Fund Working Paper.

Lane, P. R. et al. (2006) Capital flows to Central and Eastern Europe. InternationalMonetary Fund Working Paper.

Lane, P. R. et al. (2007) The External Wealth of Nations Mark II. Journal of InternationalEconomics, vol. 73, pp. 223-250.

 

3.Theoretical Framework (300 words)

 

 

 

The study was designed to investigate the relationship between the Foreign Trade and Financial Integration. Specifically, 10 countries in Association of Southeast Asian Nations (ASEAN) will be taken as an example, and the two Panel Regressions will be employed to analyze whether there is some positive/negative relationship between the Foreign Trade and Financial Integration, taking into accounts other macroeconomic variables such as the GDP of the nations as well as the National Financial Regulations being implemented by the governments.

 

 

 

 

 

4.Data and Methodology (700 words)

 

4.1Data

 

The Calculations of Financial Integration:

Financial Integration=Total Foreign Assets+Total Financial Liablities2 (Formula 4.2.1.1)

International Monetary Fund (IMF):

http://www.imf.org/external/data.htm

International Financial Statistics (IFS): international investment position (IIP)

http://elibrary-data.imf.org/FindDataReports.aspx?d=33061&e=169393

 

The calculations of explanatory variables (Trade Openness, GDP and Interest Rates):

Trade Openness=Nominal Exports+Nominal Imports2 (Formula 4.2.2.1)

Interest Rates: Short-term money market interest rate (the national interbank offered rate)

International Monetary Fund (IMF):

http://www.imf.org/external/data.htm

International Financial Statistics (IFS):

http://elibrary-data.imf.org/FindDataReports.aspx?d=33061&e=169393

GDP: Real GDP per capita and nominal GDP

IMF World Economic Outlook (WEO) Database

 

 

The countries in Association of Southeast Asian Nations (ASEAN):

Association of Southeast Asian Nations (ASEAN)

Brunei Darussalam

1984

The Kingdom of Cambodia

1999

The Republic of Indonesia

1997

The Lao People' s Democratic Republic

1997

Malaysia

1997

The Union of Myanmar

1997

The Republic of the Philippines

1995

The Republic of Singapore

1995

The Kingdom of Thailand

1995

The Socialist Republic of Viet Nam

1995

 

The data required:

Time period: 2000-2008 (10 nations; 8 years; before financial crisis)

(1)Total Foreign Assets;

(2)Total Foreign Liabilities;

(3)Nominal Exports;

(4)Nominal Imports;

(5)Short-term money market interest rate (the national interbank offered rate);

(6)Real GDP per capita and nominal GDP;

(7)Effective real exchange rate;

4.2Methodology

 

4.2.1The Measurement of Financial Integration

 

According to Baele et al. (2004), three methods could be employed to calculate the financial integration, namely price-based, news-based and quantity-based approaches. In this study, the third method i.e. the quantity-based measures will be used. Specifically, the calculation method is demonstrated in the below formula 4.2.1.1. For example, in the year of 2000 (time t), if the data of the Total Foreign Assets and the Total Financial Liabilities in country i (e.g., Malaysia) could be obtained, then the Financial Integration of Malaysia in 2000 could be calculated.

 

Financial Integrationit=Total Foreign Assetsit+Total Financial Liablitiesit2 (Formula 4.2.1.1)

 

References:

Baele, L. et al. (2004) Measuring Financial Integration in the Euro Area. European Central Bank Occasional Paper, 14.

 

4.2.2The Panel Regression

 

Model 1:

IFIit=β0+β1TRADEit+β2GDPit+β3IBORit+εit (Formula 4.2.2)

 

Here, we have three explanatory variables: TRADE means the Trade Openness of a nation (e.g.,Malaysia) in a time period (e.g., the year of 2000), and it is defined as below Formula 4.2.2.1; GDP means the real GDP per capita in a nation (e.g., Malaysia) during a certain time period (e.g., the year of 2000); IBOR represents the short-term money market interest rate (the national interbank offered rate). The dependent variable is IFI, which is defined in formula 4.2.1.1.

 

Trade Opennessit=Nominal Exportsit+Nominal Importsit2 (Formula 4.2.2.1)

 

Could Panel Regression help us to avoid the “non-stationary” in the data as stated by Baltagi, B. H. (2005)? Hence, it order to test whether the data of these four variables (IFI, TRADE, GDP, IBOR) would follow the pattern of “stationary”, we employed theADF-Fisher Chi-square test. The variables that have the “non-stationary” patterns will be transformed then (e.g., using the first differences, etc.)

 

Model 2:

 

Due to the Reverse Causality (“Simultaneity” between “IFI” and “TRADE”), Simultaneous Equations Model (SEM) will be employed (Instrumental Variables (IV) and Instrumental Variables (IV)) (see Wooldridge, J. M. (2009)). Here EXCH_RATE means effective real exchange rate of a nation (e.g., Malaysia) during a certain time period (e.g., the year of 2000)

 

IFIit=β0+β1TRADEit+β2GDPit+β3IBORit+εit

TRADEit=β4+β5IFIit+β6GDPit+β7EXCH_RATEit+β8IBORit+εit (Formula 4.2.2.2)

References:

Baltagi, B. H. (2005) Econometric Analysis of Panel Data. John Wiley & Sons Ltd., Chichester.

Wooldridge, J. M. (2009) Introductory Econometrics: A Modern Approach. South-Western Cengage Learning, Mason.

 

4.3Software

 

SPSS (Version 19) will be employed to conduct the regression analysis as well as the preliminarydata analysis.

 

 

5.Results (900 words)

 

5.1Preliminary Data Analysis

IFI

TRADE

GDP

IBOR

EXCH_RATE

 

5.2Panel Regression Results of Model 1

The relationship between IFI and explanatory variables (TRADE, GDP and IBOR): positive or negative; significant or not significant

 

5.3Panel Regression Results of Model 2

The relationship between TRADE and explanatory variables (IFI, GDP, IBOR and EXCH_RATE): positive or negative; significant or not significant

The relationship between IFI and explanatory variables (TRADE, GDP and IBOR): positive or negative; significant or not significant

 

 

 

 

6.Summary and Conclusions (300 words)

 

The purpose of the paper: (60 words)

The aim of the study: the measurement of the financial integration; the relationship between the Foreign Trade and Financial Integration; the considerations of other explanatory variables like GDP and National Financial Regulations.

A brief of previous work: (60 words)

How this study is different: (60 words)

Data and methods: (60 words)

Main results and policy implications (60 words)

The relationships between financial integration and foreign trade

The effects of financial regulations (e.g., interest rates and exchange rates, etc.)

1。介绍(300字)
纸张的目的:(60字)
金融一体化概论
简要论述了金融一体化的积极作用
简要论述了金融一体化的负面影响(金融危机、“热钱”等)
国家金融法规
研究的目的:金融一体化的度量;对外贸易与金融一体化的关系;国内生产总值和国家金融法规等解释变量的考虑。
前一工作简介:(60字)
这项研究的不同:(60字)
数据与方法:(60字)
论文组织:(60字)
该报告将分为六部分。引言部分介绍了本研究的背景和目的。然后,在文献回顾,从以前的研究结果将讨论。随后,在三节中,研究的理论框架将被证明。在此之后,所采用的数据和方法将被给予。在五节,结果将被呈现,其次是部分六的一些结论。
2、文献综述(500字)
影响金融一体化的因素是什么?(外国资产和负债)?
金融一体化:产出,人口因素,债务等——由里,P.等。(2003)。
金融一体化:国内生产总值,贸易,外部自由化,金融深度,股票市值等——由里,P.等。(2006)。
金融一体化:外国直接投资,投资组合投资等。(2007)
金融一体化:实际利率,实际国内生产总值——由国际商会(2012)
金融一体化:贸易开放,人均国内生产总值,经济法规等——由高丝,M.等。(2009)
工具书类
国际商会(2012)icc-imf市场快照。国际刑事法院银行委员会的市场情报报告。
高丝,M等。(2009)国际金融一体化进程中的门槛。全球经济与发展工作纸,卷35。
巷,中华人民共和国。(2003)国际金融一体化。国际货币基金组织工作文件。
巷,中华人民共和国。(2006)资金流向中欧和东欧。国际货币基金组织工作文件。
巷,中华人民共和国。(2007)国际商标的外部财富。国际经济学杂志,卷73,页223-250。
3。理论框架(300字)
本研究旨在探讨对外贸易与金融一体化的关系。具体而言,10个东南亚国家联盟(东盟)将作为一个例子,并将采用双面板回归分析是否有一些正/负相关关系的对外贸易和金融一体化,同时考虑到其他宏观经济变量,如国家的国内生产总值,以及国家金融法规正在实施的政府。
4。数据和方法(700字)
4.1data
金融一体化的计算:
金融一体化=外币资产总额+总财务liablities2(公式4.2.1.1)
国际货币基金组织(货币基金组织):
http://www.imf.org/external/data.htm
国际金融统计(IFS):国际投资头寸(IIP)
http://elibrary-data.imf.org/finddatareports.aspx?33061和= 169393
解释变量(贸易开放度、国内生产总值和利率)的计算:
贸易开放度=名义出口+名义imports2(公式4.2.2.1)
利率:短期货币市场利率(全国银行同业拆借利率)
国际货币基金组织(货币基金组织):
http://www.imf.org/external/data.htm
国际金融统计(IFS):
http://elibrary-data.imf.org/finddatareports.aspx?33061和= 169393
国内生产总值:人均国内生产总值和国内生产总值
国际货币基金组织的世界经济展望(WEO)数据库
东南亚国家联盟(东盟):
东南亚国家联盟(东盟)
文莱达鲁萨兰国
1984
柬埔寨王国
1999
印度尼西亚共和国
1997
老挝人民民主共和国
1997
马来西亚
1997
缅甸联邦
1997
菲律宾共和国
1995
新加坡共和国
1995
泰国王国
1995
越南社会主义共和国
1995
所需数据:
时间:2000-2008年(10国;金融危机前8年;)
(1)总的外国资产;
(2)外债总额;
(3)名义出口;
(4)名义进口;
(5)短期货币市场利率(全国银行间同业拆借利率);
(6)实际人均国内生产总值和国内生产总值;
(7)有效实际汇率;
4.2methodology
金融一体化4.2.1the测量
根据公司等。(2004),三种方法可以使用
 

邦典论文essaylunwen.com
QQ:768093293
FACEBOOK:
www.facebook.com/papercustom
微博weibo.com/essaylunwen
微信公众号

点击次数:  更新时间:2015-10-25  【打印此页】  【关闭
上一条:没有了  下一条:英国代写-英国伯明翰代写essay76分范例