Bahmani-Oskooee, Mohsen; Panthamit, Nisit - In: Emerging Markets Finance and Trade 42 (2006) 4, pp. 5-18
techniques, we pay tribute to Rudiger Dornbusch by providing strong evidence for his "overshooting" hypothesis in Thailand, Korea …, Indonesia, Malaysia, and the Philippines. We show that overshooting is a short-run phenomenon; in the long run, money seems to …