Author Type

Graduate Student

Date of Award

1985

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Manage, Neela D.

Abstract

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.

Extent

86 p.

Comments

College of Business|Thesis (M.A.)--Florida Atlantic University, 1985.|FAU Electronic Theses and Dissertations Collection|College of Business

Identifier

FADT14273

Format

pdf

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