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 G-7 countries, employing recently developed tests for the linear cointegration provided by Johansen (1988), the non-parametric cointegration method provided by Bierens (1997),...