Structural breaks in the real exchange rate and real interest rate relationship
نویسندگان
چکیده
منابع مشابه
Structural Breaks in the Real Exchange Rate Adjustment Mechanism
Structural Breaks in the Real Exchange Rate Adjustment Mechanism Laurence Copeland and Saeed Heravi We show that the behaviour of the real exchange rates of the UK, Germany, France and Japan has been characterised by structural breaks which changed the adjustment mechanism. In the context of a Time-Varying Smooth Transition AutoRegressive of the kind introduced by Lundbergh et al (2003), we sho...
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ژورنال
عنوان ژورنال: Global Finance Journal
سال: 2010
ISSN: 1044-0283
DOI: 10.1016/j.gfj.2010.06.002