Exchange Market Pressure in Indonesia: A Univariate Markov Switching Analysis

• المؤلف الرئيسي: Unggul Heriqbaldi, Dr
• التنسيق: مقال PeerReviewed
• اللغة: English; English; Indonesian
• منشور في: Asian Economic and Social Society 2012
• الموضوعات: H Social Sciences; HG Finance; HG3810-4000 Foreign exchange. International finance. International monetary system
• الوصول للمادة أونلاين: https://repository.unair.ac.id/124300/1/1.13.UnggulH_Artikel_exchange-market.pdf; https://repository.unair.ac.id/124300/2/1.13.UnggulH_similarity_EXCHANGE-MARKET.pdf; https://repository.unair.ac.id/124300/3/1.13.UnggulH_KualitasKaril113.pdf; https://repository.unair.ac.id/124300/; https://archive.aessweb.com/index.php/5002/article/view/784

The aim of this paper is to analyze the nature of exchange market pressure in the case of the Indonesian economy. More specifically, this paper aims to answer whether there is non-linearity or multiple equilibria in the EMPI. The paper relies on a univariate Markov Switching autoregressive model. Th...