Predictable Movements in Yen/DM Exchange Rates /

This paper examines the relevance of PPP, the adjustment channel of real exchange rate and the predictability of the movement in nominal exchange rate by studying the behavior of yen/DM exchange rate, using cointegration method. Results support PPP and find that the real exchange rate is mean-revert...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Kong, Janet
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2000.
Seria:IMF Working Papers; Working Paper ; No. 2000/143
Dostęp online:Full text available on IMF

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