Analysis of exchange rate fluctuations for Slovakia: application of an extended Mundell--Fleming model

This study finds that the real exchange rate in Slovakia is negatively associated with real M2, the US Treasury bill rate, country risk, and the expected inflation rate and positively influenced by deficit spending/GDP ratio and the stock price index. The behaviour of error variance can be captured by the GARCH process.

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Year of publication:	2005
Authors:	Hsing, Yu
Published in:	Applied Financial Economics Letters. - Taylor and Francis Journals, ISSN 1744-6546. - Vol. 1.2005, 5, p. 289-292
Publisher:	Taylor and Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005495905