Are Exchange Rates Excessively Volatile? : What Does "Excessively Volatile" Mean, Anyway? /

Are Exchange Rates Excessively Volatile? : What Does "Excessively Volatile" Mean, Anyway? /

Using data for the major currencies from 1973 to 1994, we apply recent tests of asset price volatility to re-examine whether exchange rates have been excessively volatile with respect to the predictions of the monetary model of the exchange rate and of standard extensions that allow for sticky price...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	Bodnar, Gordon
अन्य लेखक:	Bartolini, Leonardo
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 1995.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 1995/085
ऑनलाइन पहुंच:	Full text available on IMF

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