PPP and monetary model of exchange rate determination : the case of Singapore
This academic project examined the Purchasing Power Parity (PPP) model and the Monetary model for the Singapore-US exchange rate. Results of the cointegration analysis reveal that the exchange rate is in agreement with the relative PPP. However, there are serious doubts on the monetary model's...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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2014
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| Online Access: | http://hdl.handle.net/10356/59728 |