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The Monetary Approach to the Exchange Rate : Rational Expectations, Long-Run Equilibrium and Forecasting

MacDonald, Ronald - 1992

We re-examine the monetary approach to the exchange rate from a number of perspectives, using monthly data on the deutschemark-dollar exchange rate. Using the Campbell-Shiller technique for testing present value models, we reject the restrictions imposed upon the data by the forward-looking...

Persistent link: https://www.econbiz.de/10014395316

The monetary approach to the exchange rate : rational expectations, long-run equilibrium and forecasting

MacDonald, Ronald; Taylor, Mark P. - 1992

Persistent link: https://www.econbiz.de/10000839181

Government expenditure under rational expectations : some estimates for the UK, Canada, Germany and the US

MacDonald, Ronald; Speight, Alan E. H. - 1988

Persistent link: https://www.econbiz.de/10000764301

Hétérogénéité des prévisionnistes : une exploration des anticipations sur le marché des changes

MacDonald, Ronald - In: Economie & prévision : EP (1996), pp. 109-115

Persistent link: https://www.econbiz.de/10001212583

The term structure of interest rates under rational expectations : some international evidence

MacDonald, Ronald - In: Applied financial economics 1 (1991) 4, pp. 211-221

Persistent link: https://www.econbiz.de/10001136582

Rational expectations, risk and efficiency in the London Metal Exchange : an empirical analysis

MacDonald, Ronald - In: Applied economics 21 (1989) 2, pp. 143-153

Persistent link: https://www.econbiz.de/10001070553

Consumption, saving and rational expectations : some further evidence for the UK

MacDonald, Ronald - In: The economic journal : the journal of the Royal … 99 (1989) 394, pp. 83-91

Persistent link: https://www.econbiz.de/10001071916

Testing rational expectations and efficiency in the London metal exchange

MacDonald, Ronald - In: Oxford bulletin of economics and statistics 50 (1988) 1, pp. 41-52

Persistent link: https://www.econbiz.de/10001077346

On lagged adjustment, permanent income, expectations formation and the demand for money

MacDonald, Ronald - In: Oxford bulletin of economics and statistics 48 (1986) 1, pp. 61-72

Persistent link: https://www.econbiz.de/10001035753

Consumer expenditure, the demand for money, and the Hall hypothesis

MacDonald, Ronald - In: Empirical economics : a journal of the Institute for … 12 (1987) 1, pp. 3-17

Persistent link: https://www.econbiz.de/10001041266

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