Matesanz, David; Ortega, Guillermo - In: Quality & Quantity: International Journal of Methodology 48 (2014) 4, pp. 1835-1851
In this paper, we examine linear and nonlinear co-movements that appear in the real exchange rates of a group of 28 developed and developing countries. The matrix of Pearson correlation and Phase Synchronous coefficients have been used in order to construct a topology and hierarchy of countries...