๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

The random-walk behavior of the Euro exchange rate

โœ Scribed by Georgios Chortareas; Ying Jiang; John C. Nankervis


Book ID
116494884
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
189 KB
Volume
8
Category
Article
ISSN
1544-6123

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Testing the random walk hypothesis for r
โœ In Choi ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 183 KB ๐Ÿ‘ 1 views

This paper tests the random walk hypothesis for the log-dierenced monthly US real exchange rates versus some major currencies. The tests we use are variance ratio test, Durlauf's (1991) spectral domain tests and Andrews and Ploberger's (1996) optimal tests. The variance ratio test is calculated by u