Does Currency Substitution Affect Exchange Rate Volatility?
This study investigates the impacts of the degree of currency substitution on nominal exchange rate volatility in seven countries (Indonesia, the Philippines, the Czech Republic, Hungary, Poland, Argentina, and Peru). We use the Threshold ARCH model to consider the ratchet effect of currency substi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2014-08-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://econjournals.com/index.php/ijefi/article/view/880 |
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Does Currency Substitution Affect Exchange Rate Volatility?
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DOES CURRENCY SUBSTITUTION AFFECT EXCHANGE RATE VOLATILITY?
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Does Currency Substitution Affect Exchange Rate Volatility?
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Does Currency Substitution Affect Exchange Rate Volatility?
Published 2014-08-01
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