A Monetary Analysis of the Drachma/Ecu Exchange Rate Determination, 1980-1991

The validity of the monetary approach to the Drachma/ECU exchange rate determination is investigated through cointegration, impulse response and variance decomposition analysis. The empirical results reported confirm recent findings that the monetary approach may be interpreted as a long-run equilibrium condition with highly complex short-run dynamics

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Year of publication:	2001
Authors:	Papadopoulos, Athanasios P. ; Zis, George
Publisher:	[S.l.] : SSRN
Subject:	EU-Staaten \| EU countries \| Wechselkurs \| Exchange rate \| Griechenland \| Greece
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Empirical Economics, Vol. 25, Issue 4, 2000 Volltext nicht verfügbar
Classification:	C32 - Time-Series Models ; C51 - Model Construction and Estimation ; C52 - Model Evaluation and Testing ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; F31 - Foreign Exchange
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014137884