Nonlinear deterministic forecasting of daily dollar exchange rates
β Scribed by Liangyue Cao; Abdol S. Soofi
- Book ID
- 114175114
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 171 KB
- Volume
- 15
- Category
- Article
- ISSN
- 0169-2070
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π SIMILAR VOLUMES
## Abstract Forecasting currency exchange rates is an important financial problem that has received much attention especially because of its intrinsic difficulty and practical applications. The statistical distribution of foreign exchange rates and their linear unpredictability are recurrent themes
## Abstract In this paper we assess the empirical relevance of an expectations version of purchasing power parity in forecasting the dollar/euro exchange rate. This version is based on the differential of inflation expectations derived from inflationβindexed bonds for the euro area and the USA. Us