10% off all books and free delivery over £40
Buy from our bookstore and 25% of the cover price will be given to a school of your choice to buy more books. *15% of eBooks.

Real Exchange Rate Movements

View All Editions (0)

The selected edition of this book is not available to buy right now.
Add To Wishlist
Write A Review

About

Real Exchange Rate Movements Synopsis

One aim of this book is to examine the causes of fluctuations in the mark/dollar, pound/dollar, and yen/dollar real exchange rates for the period 1972-1994 with quarterly data to determine appropriate policy recommendations to reduce these movements. A second aim is to investigate whether the three real exchange rates are covariance-stationary or not and to which extent they are covariance-stationary, respectively. These aims are reached by using a two-country overshooting model for real exchange rates with real government expenditure and by applying Johansen's maximum likelihood cointegration procedure and a factor model of Gonzalo and Granger to this model.

About This Edition

ISBN: 9783790810813
Publication date:
Author: SvenMorten Mentzel
Publisher: Physica an imprint of Physica-Verlag HD
Format: Paperback
Pagination: 109 pages
Series: Contributions to Economics