Note
College of Business
Member of
Contributors
Publisher
Florida Atlantic University
Date Issued
1985
Description
This thesis theoretically and empirically analyzes the determinants of Eurodollar
expansion observed in recent years. The Euro-dollar market is first
described in terms of its origin, development, geographical distribution and
institutional structure and regulation. The size, sources and uses of the market
are also illustrated. Alternative views and theories explaining Euro-dollar growth
are discussed in detail. A single stock adjustment model is first used to obtain the
determinants of Euro-dollar interest rates. Reduced form equations are utilized
to determine the factors for the equilibrium quantity of Euro-dollar deposits and
equilibrium Euro-dollar interest rate. Finally, the proportion of Euro-dollar
growth attributed to a multiplier expansion process as opposed to primary deposits
is empirically estimated for the time period 1973 - 1981. Almon and Koyck lag
structures are utilized to calculate the multiplier process associated with Eurodollar
expansion during this period.
expansion observed in recent years. The Euro-dollar market is first
described in terms of its origin, development, geographical distribution and
institutional structure and regulation. The size, sources and uses of the market
are also illustrated. Alternative views and theories explaining Euro-dollar growth
are discussed in detail. A single stock adjustment model is first used to obtain the
determinants of Euro-dollar interest rates. Reduced form equations are utilized
to determine the factors for the equilibrium quantity of Euro-dollar deposits and
equilibrium Euro-dollar interest rate. Finally, the proportion of Euro-dollar
growth attributed to a multiplier expansion process as opposed to primary deposits
is empirically estimated for the time period 1973 - 1981. Almon and Koyck lag
structures are utilized to calculate the multiplier process associated with Eurodollar
expansion during this period.
Language
Type
Form
Extent
86 p.
Subject (Topical)
Identifier
14273
Additional Information
College of Business
Thesis (M.A.)--Florida Atlantic University, 1985.
FAU Electronic Theses and Dissertations Collection
Date Backup
1985
Date Text
1985
Date Issued (EDTF)
1985
Extension
FAU
FAU
admin_unit="FAU01", ingest_id="ing1508", creator="staff:fcllz", creation_date="2007-07-19 02:22:06", modified_by="staff:fcllz", modification_date="2011-01-06 13:09:07"
IID
FADT14273
Issuance
monographic
Organizations
Attributed name: Florida Atlantic University
Attributed name: College of Business
Attributed name: Department of Economics
Person Preferred Name
KUTAN, ALI MUSTAFA.
Graduate College
Physical Description
86 p.
application/pdf
Title Plain
THEORETICAL AND EMPIRICAL ANALYSIS OF THE DETERMINANTS OF EURO-DOLLAR GROWTH
Use and Reproduction
Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
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Origin Information
1985
monographic
Boca Raton, Fla.
Florida Atlantic University
Physical Location
Florida Atlantic University Libraries
Place
Boca Raton, Fla.
Sub Location
Digital Library
Title
THEORETICAL AND EMPIRICAL ANALYSIS OF THE DETERMINANTS OF EURO-DOLLAR GROWTH
Other Title Info
A
THEORETICAL AND EMPIRICAL ANALYSIS OF THE DETERMINANTS OF EURO-DOLLAR GROWTH