Analysis of exchange rate fluctuations for Slovakia: application of an extended Mundell--Fleming model
This study finds that the real exchange rate in Slovakia is negatively associated with real M2, the US Treasury bill rate, country risk, and the expected inflation rate and positively influenced by deficit spending/GDP ratio and the stock price index. The behaviour of error variance can be captured by the GARCH process.
Year of publication: |
2005
|
---|---|
Authors: | Hsing, Yu |
Published in: |
Applied Financial Economics Letters. - Taylor and Francis Journals, ISSN 1744-6546. - Vol. 1.2005, 5, p. 289-292
|
Publisher: |
Taylor and Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Are the predictions of the Mundell-Fleming model applicable to Argentina?
Hsing, Yu, (2021)
-
Determinants of the ZAR/USD exchange rate and policy implications: A simultaneous-equation model
Hsing, Yu, (2016)
-
Effects of fiscal policy and monetary policy on the stock market in Poland
Hsing, Yu, (2013)
- More ...