Yu, Hsing - In: South East European Journal of Economics and Business 3 (2008) 2, pp. 19-24
The zloty/USD exchange rate is examined based on the Dornbusch model, the Bilson model, the Frenkel model, and the … coefficient of the relative output is negative and significant, and that the Bilson model or the Frenkel model applies to Poland … rate. The Balassa-Samuelson effect is confirmed in both models. The Bilson model has a smaller root mean squared error or …