Kwek, Kian Teng; Koay, Kuan Nee - In: Applied Economics 38 (2006) 3, pp. 307-323
Based on six daily spot nominal exchange rate returns denominated in the US dollar, viz-a-viz UK Pound, Japanese Yen, Swiss Franc, Canadian dollar, Australian dollar and Singapore dollar, this paper tries to find a natural Dollar currency by comparing the linear/nonlinear dynamics in the...