New Risk Management Study Findings Have Been Reported by Researchers at University of Szeged (Exchange Rate Crisis among Inflation Targeting Countries in Sub-Saharan Africa): Insurance – Risk Management

2022 JUN 09 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on risk management. According to news reporting originating from Szeged, Hungary, by NewsRx correspondents, research stated, “The exchange market pressure index has proven to be a major indicator in identifying exchange rate crises in economies; however, due to the complexities surrounding developing economies, the efficacy of the index has been called to question.”

Our news reporters obtained a quote from the research from University of Szeged: “Specifically, the selection of an appropriate index and the problem of selecting the appropriate threshold for identifying exchange market pressure. To investigate this issue, this study identifies exchange rate crisis episodes in South Africa and Ghana using ridge regression, a discrete threshold regression, and Dynamic Ordinary Least Square (DOLS) models. The results are robust in resolving the problems with an exchange market pressure index.”

According to the news editors, the research concluded: “They also point to uneven implementation of the inflation targeting policy framework in the studied countries.”

For more information on this research see: Exchange Rate Crisis among Inflation Targeting Countries in Sub-Saharan Africa. Risks, 2022,10(94):94. (Risks - http://www.mdpi.com/journal/risks). The publisher for Risks is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/risks10050094.

Our news journalists report that more information may be obtained by contacting Senanu Kwasi Klutse, Institute of Finance and International Economic Relations, University of Szeged, Kalvaria sgt 1, 6722 Szeged, Hungary. Additional authors for this research include Judit Sagi, Gabor David Kiss.

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