The Monetary Approach to the Exchange Rate : Rational Expectations, Long-Run Equilibrium and Forecasting /

The Monetary Approach to the Exchange Rate : Rational Expectations, Long-Run Equilibrium and Forecasting /

We re-examine the monetary approach to the exchange rate from a number of perspectives, using monthly data on the deutschemark-dollar exchange rate. Using the Campbell-Shiller technique for testing present value models, we reject the restrictions imposed upon the data by the forward-looking rational...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	MacDonald, Ronald
अन्य लेखक:	Taylor, Mark
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 1992.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 1992/034
ऑनलाइन पहुंच:	Full text available on IMF

समान संसाधन

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