Henry, Olan T; Olekalns, Nilss; Summers, Peter M - In: The Economic Record 77 (2001) 237, pp. 160-66
We fit a two-regime threshold autoregressive model to a trade weighted index of the Australian real exchange rate. We find strong evidence of a threshold in the real exchange rate, with the data being classified into two regimes. The timing of the first regime is consistent with events that...