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Power transformation and forecasting the magnitude of exchange rate changes

✍ Scribed by Michael D. McKenzie


Book ID
114175076
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
57 KB
Volume
15
Category
Article
ISSN
0169-2070

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## Abstract This study compares the forecasting performance of a structural exchange rate model that combines the purchasing power parity condition with the interest rate differential in the long run, with some alternative exchange rate models. The analysis is applied to the Norwegian exchange rate