Search Results - subject:"Monetary Exchange Rate Model"

An artificial neural network-based approach to the monetary model of exchange rate

Ince, Huseyin; Cebeci, Ali Fehim; Imamoglu, Salih Zeki - In: Computational economics 53 (2019) 2, pp. 817-831

Persistent link: https://www.econbiz.de/10012134875

Does incomplete spanning in international financial markets help to explain exchange rates?

Lustig, Hanno; Verdelhan, Adrien - In: The American economic review 109 (2019) 6, pp. 2208-2244

Persistent link: https://www.econbiz.de/10012029309

Does the long-run monetary model hold for Sub-Saharan Africa? : a time series and panel-cointegration study

Ibhagui, Oyakhilome - In: Research in international business and finance 47 (2019), pp. 279-303

Persistent link: https://www.econbiz.de/10012135734

Long Term Validity of Monetary Exchange Rate Model: Evidence from Turkey

Ugur, Ahmet; Akbas, Yusuf Ekrem; Senturk, Mehmet - In: Romanian Economic Journal 17 (2014) 51, pp. 111-136

In this study, it was analyzed if there is a long term relationship among the nominal exchange rate and monetary fundamentals within the periods of 1998:1-2011:2 in Turkey. This relationship has been analysed by using structural VAR(SVAR) model. Besides, Granger causality test and...

Persistent link: https://www.econbiz.de/10011122431

Money Demand Instability and Real Exchange Rate Persistence in the Monetary Model of USD-JPY Exchange Rate

Hunter, John; Ali, Faek Menla - 2014

This paper proposes a hybrid monetary model of the dollar-yen exchange rate that takes into account factors affecting the conventional monetary model’s building blocks. In particular, the hybrid monetary model is based on the incorporation of real stock prices to enhance money demand stability...

Persistent link: https://www.econbiz.de/10014039290

Monetary exchange rate model as a long-run phenomenon: evidence from Nigeria

Adawo, Monday A.; Effiong, Ekpeno L. - Volkswirtschaftliche Fakultät, … - 2013

How well does the monetary exchange rate model explain exchange rate behaviour in Nigeria? Using the Johansen -Juselius … strongly the validity of the monetary exchange rate model for Nigeria and also its relevance to modelling the naira-US dollar … (1990) and Johansen (1991) cointegration technique, this paper examines the long-run validity of the monetary exchange rate …

Persistent link: https://www.econbiz.de/10011108296

Testing the Monetary Model for Exchange Rate Determination in South Africa : Evidence from 101 Years of Data

De Bruyn, Riané - 2013

Evidence in favor of the monetary model of exchange rate determination for the South African Rand is, at best, mixed. A co-integrating relationship between the nominal exchange rate and monetary fundamentals forms the basis of the monetary model. With the econometric literature suggesting that...

Persistent link: https://www.econbiz.de/10013083181

Exchange Rate Dynamics Revisited

Braga de Macedo, Jorge - 2013

Many monetary and fiscal policy decision makers and economists hold the view that exchange rates are volatile even though nominal exchange rates vary less than many other financial market prices and yields. This paper seeks an explanation for this puzzle by contrasting exchange rate dynamics in...

Persistent link: https://www.econbiz.de/10013071762

The Portfolio Theory of Exchange Rates – Then and Now

Black, Stanley W. - 2013

In the early 1970s, the portfolio theory of exchange rates with rational expectations was introduced to explain the behavior of floating exchange rates. While attractive in principle, the approach failed along with other theories to provide empirically convincing results. Over the years, the...

Persistent link: https://www.econbiz.de/10013074318

Liquidity premia and interest rate parity

Linnemann, Ludger; Schabert, Andreas - 2013

Persistent link: https://www.econbiz.de/10010196975