Productivity Biases and Real Interest Rate Differentials on East-Asian Real Exchange Rates
โ Scribed by Tatsuyoshi Miyakoshi
- Book ID
- 108520785
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 149 KB
- Volume
- 13
- Category
- Article
- ISSN
- 1351-3958
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
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
This paper examines the relationship between real exchange rates and real interest rates using three different approaches across four currencies and two horizons with 20 years of data. Each approach gives some encouragement that this relationship might hold, but each approach also encounters problem