An empirical note on the monetary exchange rate model
The validity of the monetary approach as a model of long-run exchange rate determination is examined under both fixed and flexible rate regimes. The powerful KPSS and JJ multivariate cointegration procedures are sequentially applied to test the order of integration and common trends in the monetary model under consideration.
Year of publication: |
2000
|
---|---|
Authors: | Dutt, Swarna ; Ghosh, Dipak |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 7.2000, 10, p. 669-671
|
Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Dutt, Swarna D., (2014)
-
Examining the time trajectory of GDP growth : a multi country study
Dutt, Swarna D., (2006)
-
Purchasing power parity doctrine : an unrestricted cointegration test
Dutt, Swarna D., (1996)
- More ...