Funke, Michael; Hall, Stephen; Sola, Martin - In: International Journal of Finance & Economics 2 (1997) 1, pp. 29-37
This paper tests the properties of the zloty-dollar exchange rate for the possible presence of unknown non-linearities. It concludes that there is strong evidence for the presence of an underlying non-linear process which is possibly chaotic. A non-linear model which allows for discrete...