Determinants of the Hungarian forint/ US dollar exchange rate
Applying the EGARCH model and using demand and supply analysis, this paper finds that the HUF/USD exchange rate (units of the Hungarian forint per U.S. dollar) is positively associated with the U.S. Treasury bill rate, U.S. real GDP, the U.S. stock index, the Hungarian inflation rate and the expecte...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2016-03-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1168.pdf
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| _version_ | 1819183274456514560 |
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| author | Yu HSING |
| author_facet | Yu HSING |
| author_sort | Yu HSING |
| collection | DOAJ |
| description | Applying the EGARCH model and using demand and supply analysis, this paper
finds that the HUF/USD exchange rate (units of the Hungarian forint per U.S. dollar) is
positively associated with the U.S. Treasury bill rate, U.S. real GDP, the U.S. stock index,
the Hungarian inflation rate and the expected exchange rate and negatively influenced by
the Hungarian Treasury bill rate, Hungarian real GDP, the Hungarian stock index, and the
U.S. inflation rate. The HUF/USD exchange rate has a long-term equilibrium relationship
with these time series variables. |
| first_indexed | 2024-12-22T22:59:25Z |
| format | Article |
| id | doaj.art-0999b30475fc4cc39151eed679bcf9a9 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-12-22T22:59:25Z |
| publishDate | 2016-03-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-0999b30475fc4cc39151eed679bcf9a92022-12-21T18:09:44ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292016-03-01XXIII116317018418678Determinants of the Hungarian forint/ US dollar exchange rateYu HSING0 Southeastern Louisiana University, Hammond, USA Applying the EGARCH model and using demand and supply analysis, this paper finds that the HUF/USD exchange rate (units of the Hungarian forint per U.S. dollar) is positively associated with the U.S. Treasury bill rate, U.S. real GDP, the U.S. stock index, the Hungarian inflation rate and the expected exchange rate and negatively influenced by the Hungarian Treasury bill rate, Hungarian real GDP, the Hungarian stock index, and the U.S. inflation rate. The HUF/USD exchange rate has a long-term equilibrium relationship with these time series variables. http://store.ectap.ro/articole/1168.pdf Exchange ratesInterest ratesReal GDPStock indexesInflation ratesEGARCH |
| spellingShingle | Yu HSING Determinants of the Hungarian forint/ US dollar exchange rate Theoretical and Applied Economics Exchange rates Interest rates Real GDP Stock indexes Inflation rates EGARCH |
| title | Determinants of the Hungarian forint/ US dollar exchange rate |
| title_full | Determinants of the Hungarian forint/ US dollar exchange rate |
| title_fullStr | Determinants of the Hungarian forint/ US dollar exchange rate |
| title_full_unstemmed | Determinants of the Hungarian forint/ US dollar exchange rate |
| title_short | Determinants of the Hungarian forint/ US dollar exchange rate |
| title_sort | determinants of the hungarian forint us dollar exchange rate |
| topic | Exchange rates Interest rates Real GDP Stock indexes Inflation rates EGARCH |
| url |
http://store.ectap.ro/articole/1168.pdf
|
| work_keys_str_mv | AT yuhsing determinantsofthehungarianforintusdollarexchangerate |