A model for the exchange rate
A Structural Model of Exchange Rate Dynamics
... equilibrium exchange rate on the conversion market was developed, taking into account foreign trade, capital flows and other components of the balance of ...theoretical-structural model of the ...
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A Scapegoat Model of Exchange Rate Fluctuations
... macro model of exchange rate determination where investors have di erent information about future macro ...and exchange rates in the short to medium run, but a closer relationship in the ...
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A Cyclical Model of Exchange Rate Volatility
... and model the cyclical deviation of the range from the long run trend as a stationary autoregressive ...volatility model to generate out-of-sample forecasts of exchange rate volatility for ...
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Exchange-rate exposure in a “Rule of Three” Model
... examine exchange-rate exposure in an international Bertrand model of differentiated goods using a “Rule of Three” (RoT) market structure that allows both within and between countries ...our ...
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Model instability in predictive exchange rate regressions
... Theoretically motivated MS-TVP specifications exhibit good forecast performance for Australia, Canada and Norway. Considering the results in Sweden, theoretically mo- tivated MS-TVPs perform well during prolonged periods ...
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Testing the Equilibrium Exchange Rate Model - Updated
... Stockman’s model are scarce and even non-existent to our ...(1997) model explicitly the relative importance of nominal and real shocks using a structural vector autoregression (VAR) embodying the ...
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Panel Cointegration and the Monetary Exchange Rate Model
... to fulfill the restrictions of the monetary model, which can very well explain the findings of Mark and Sul (2001). Another shortcoming of the early panel studies mentioned above is that they are based on the ...
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Model instability in predictive exchange rate regressions
... analyzing exchange rate data to successfully improve longer term ...correction model to a set of four exchange rates against the US ...the exchange rate is assumed to return to ...
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Panel Cointegration and the Monetary Exchange Rate Model
... to fulfill the restrictions of the monetary model, which can very well explain the findings of Mark and Sul (2001). Another shortcoming of the early panel studies mentioned above is that they are based on the ...
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A monetary model of the exchange rate with informational frictions
... (real exchange rate, terms of trade, ...real exchange rate volatility depends crucially on the particular model of nominal rigidities devised by Calvo ...
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Exchange rate forecasting with Bayesian Model Averaging
... the exchange rate at shorter horizons - with PIPs above ...past exchange rate, there is quite some fluctuation in the relative rankings of the ...in exchange rate models, such as ...
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Forecasting Foreign Exchange Rate by using ARIMA Model: A Case of VND/USD Exchange Rate
... ARIMA model suitable for forecasting foreign exchange rate in Vietnam? By using ARIMA model, we can forecast foreign exchange rate, the result shows in part ...ARIMA model ...
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How To Model Exchange Rate With A No-Arbitrage Term Structure Model
... the model by Maximum Likelihood as in Joslin, Singleton, and Zhu ...Interest rate factors, level, slope, and curvature, can explain half of the variation in one-year exchange rates for countries with ...
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Money demand instability and real exchange rate persistence in the monetary model of USD–JPY exchange rate
... –yen exchange rate. The enhanced performance of the HM model derives from the following considerations to the conven- tional monetary ...real exchange rate, which re flects primarily the ...
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Money demand instability and real exchange rate persistence in the monetary model of USD-JPY exchange rate
... Furthermore, except for the real oil price, all the factors that have been used to augment the monetary model have significant parameters. This implies that the real oil price can be excluded from the long-run ...
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On a Globalized Exchange Rate Model and Currency Unions: A Note
... flexible exchange rate ...the exchange rate can be allowed to vary so as to achieve external ...foreign exchange market will act in a smooth and stable ...future exchange ...
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A Range-Based Multivariate Model for Exchange Rate Volatility
... multivariate model for exchange rate volatil- ities based on logarithmic high-low ranges of daily exchange ...volatility model divides the log range of each exchange rate ...
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The Failure of the Monetary Exchange Rate Model for the Naira-Dollar
... monetary model (FPMM) of exchange rate determination is consistent with the variability of the naira-dollar exchange ...monetary model, the issue inefficient estimation of cointegrating ...
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Estimating the error correction model for Sudanese exchange rate
... Studying exchange rate requires appropriate approach in order to tackle all aspects that encompass ...of exchange rate moreover it explains factors that effect ...state rate of the ...
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Some notes on the behavioral equilibrium exchange rate model
... real exchange rates; Chang and Shao (2004) use the real exchange rates from the WDI database; and Frankel (2005) uses the real exchange rate from the PWT ...real exchange rate ...
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