Lee, Chien-Chiang; Chang, Tsangyao; Lee, Chi-Chuan; … - In: Journal of Economics and Management 6 (2010) 2, pp. 203-228
This paper explores the long-run and causality relationship between the exchange rate and macroeconomic fundamentals in … Canada, Germany, and United Kingdom, uni-directional causality running from the exchange rate to fundamentals in Italy, and … uni-directional causality running from fundamentals to the exchange rate in Japan. …