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The pound sterling/US dollar exchange rate and the ‘new’

✍ Scribed by Laurence S. Copeland


Book ID
116099467
Publisher
Elsevier Science
Year
1984
Tongue
English
Weight
252 KB
Volume
15
Category
Article
ISSN
0165-1765

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NONLINEARITY, MACROECONOMIC FACTORS AND
✍ Hyeyoen Kim 📂 Article 📅 2012 🏛 John Wiley and Sons 🌐 English ⚖ 171 KB 👁 1 views

## ABSTRACT Using recently proposed econometric methods for summarising very large macroeconomic data sets into a small number of observable factors, we investigate the dollar‐sterling real exchange rate in the factor‐incorporated nonlinear framework. We have shown that the large information contai