Showing 1 - 10 of 1,794
Persistent link: https://www.econbiz.de/10001830301
Persistent link: https://www.econbiz.de/10002165443
Persistent link: https://www.econbiz.de/10002600515
Persistent link: https://www.econbiz.de/10001168878
Persistent link: https://www.econbiz.de/10001242756
Persistent link: https://www.econbiz.de/10001219233
Persistent link: https://www.econbiz.de/10011995898
Persistent link: https://www.econbiz.de/10011402689
A strand of exchange rate models postulate exchange rate fluctuations are driven by saddle-path dynamics and the related overshooting behavior. Using a bivariate system, the paper illustrates the relationship of the cointegration, saddle-path, and stationarity dynamics. Monte Carlo results...
Persistent link: https://www.econbiz.de/10001914194
Persistent link: https://www.econbiz.de/10002141164