Nonlinear Exchange Rate Models : A Selective Overview /

This paper provides a selective overview of nonlinear exchange rate models recently proposed in the literature and assesses their contribution to understanding exchange rate behavior. Two key questions are examined. The first question is whether nonlinear autoregressive models of real exchange rates...

Полное описание

Библиографические подробности
Главный автор: Sarno, Lucio
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2003.
Серии:IMF Working Papers; Working Paper ; No. 2003/111
Online-ссылка:Full text available on IMF