Inflation, exchange rates and PPP in a multivariate panel cointegration model
نویسندگان
چکیده
منابع مشابه
Modeling inflation rates and exchange rates in Ghana: application of multivariate GARCH models
This paper was aimed at investigating the volatility and conditional relationship among inflation rates, exchange rates and interest rates as well as to construct a model using multivariate GARCH DCC and BEKK models using Ghana data from January 1990 to December 2013. The study revealed that the cumulative depreciation of the cedi to the US dollar from 1990 to 2013 is 7,010.2% and the yearly we...
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ژورنال
عنوان ژورنال: The Econometrics Journal
سال: 2008
ISSN: 1368-4221,1368-423X
DOI: 10.1111/j.1368-423x.2008.00231.x