The monetary model of exchange rate: evidence from The Philippines
This note examines the empirical validity of the monetary model of exchange rate determination for The Philippines via cointegration and vector error-correction model. It is found that the monetary model is a valid framework for the long-run exchange rate between Philippines peso-US Dollar exchange...
| Huvudupphovsmän: | , , , |
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| Materialtyp: | Artikel |
| Språk: | English |
| Publicerad: |
Routledge Taylor & Francis
2007
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| Ämnen: | |
| Länkar: | http://irep.iium.edu.my/8024/1/The_monetary_model_of_exchange_Determination__Philippines_Lee_Chin.pdf |