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Currency forecast errors at times of low interest rates : evidence from survey data on the yen/dollar exchange rate

MacDonald, Ronald; Nagayasu, Jun - 2013

Persistent link: https://www.econbiz.de/10010259001

Currency forecast errors and carry trades at times of low interest rates : evidence from survey data on the yen/dollar exchange rate

MacDonald, Ronald; Nagayasu, Jun - In: Journal of international money and finance 53 (2015), pp. 1-19

Persistent link: https://www.econbiz.de/10011475902

Determinants of Angola's Parallel Market Real Exchange Rate

Nagayasu, Jun - 1999

The paper estimates Angola’s equilibrium parallel market real exchange rate during the 1992–98 period. Using standard integration/co-integration techniques, the results fail to support the purchasing power parity hypothesis and indicate that two exogenous variables—the price of oil and the...

Persistent link: https://www.econbiz.de/10014401059

Does the Long-Run Ppp Hypothesis Hold for Africa? : Evidence From Panel Co-Integration Study

Nagayasu, Jun - 1998

This paper addresses whether parallel market exchange rates in Africa behave in the long run in a manner consistent with the purchasing power parity (PPP) hypothesis. A recent econometric method, the panel co-integration test, enables us to examine the long-run PPP hypothesis by pooling the...