REAL EXCHANGE RATE AND ECONOMIC FUNDAMENTAL: EMPIRICAL STUDY OF ASEAN-5
This paper studies the effect of fundamental economic variables on real exchange rates in Asean-5. The fundamental economic variables are capital mobility, technological progress, terms of trade, opennes index and fiscal policy. The paper applies panel unit root test, panel cointegration test, and...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Universitas Islam Indonesia
2011-09-01
|
Series: | Economic Journal of Emerging Markets |
Subjects: | |
Online Access: | http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/6423 |