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The behaviour of the real exchange rate: Evidence from regression quantiles

โœ Scribed by Kleopatra Nikolaou


Book ID
116615030
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
453 KB
Volume
32
Category
Article
ISSN
0378-4266

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โœ Kul B. Luintel ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 263 KB

The behaviour of real exchange rates (relative to the US dollar) is examined using monthly data obtained from the black markets for foreign exchange of eight Asian developing countries. The data span is 31 years. The black market real exchange rates do not show excess volatility during the recent ยฏo