ASEAN-5 Exchange Rate Determination In The Presence Of Nonlinearity
This study finds that nominal exchange rate exhibits nonlinear long-run relationship with money supplies and aggregate outputs, in the context of ASEAN-5 countries, thereby validating the monetary model of exchange rate. While it is consistent with the earlier findings using the linear testing proce...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Serials Publications
2011
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| Subjects: | |
| Online Access: | http://ir.unimas.my/18606/ http://ir.unimas.my/18606/7/ASEAN-5%20EXCHANGE%20RATE%20DETERMINATION%20%28abstract%29.pdf |