NONLINEARITY, MACROECONOMIC FACTORS AND
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Hyeyoen Kim
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Article
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2012
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John Wiley and Sons
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English
β 171 KB
π 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 dollarβsterling real exchange rate in the factorβincorporated nonlinear framework. We have shown that the large information contai