Exchange Rates and Fundamentals in Developed and Emerging Markets

• 主要作者: Laurel, Rocky K
• 格式: text
• 出版: Animo Repository 2024
• 主題: currencies; emerging markets; exchange rate predictability; flexible price; foreign exchange; international finance; monetary model; out-of-sample; random walk
• 在線閱讀: https://animorepository.dlsu.edu.ph/ber/vol34/iss1/5
• 機構: De La Salle University

This paper investigates the relationship between exchange rates on the one hand and money supply and real output on the other, then compares the relationship in developed and emerging markets. It tests the validity of the flexible price monetary model using in-sample analysis to determine if there a...