Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Real Exchange Rate Movements: An Econometric Investigation Into Causes of Fluctuations in Some Dollar Real Exchange Rates

Real Exchange Rate Movements: An Econometric Investigation Into Causes of Fluctuations in Some Dollar Real Exchange Rates

Mentzel, Sven-Morten

Paperback

Series: Contributions to Economics

EconomicsGeneral Mathematics

ISBN10: 3790810819
ISBN13: 9783790810813
Publisher: Springer Nature
Published: Jan 15 1998
Pages: 109
Weight: 0.41
Height: 0.26 Width: 6.14 Depth: 9.21
Language: English
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.

Also in

Economics

View All