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International stock return differentials and real exchange rate changes

โœ Scribed by Dimitrios Malliaropulos


Book ID
117427893
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
302 KB
Volume
17
Category
Article
ISSN
0261-5606

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Recent empirical work has shown the importance of nonlinear adjustment in the dynamics of real exchange rates and real interest differentials. This work suggests that the tenuous empirical linkage between the real exchange rate and the real interest differential might be strengthened by explicitly a