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...
প্রধান লেখক: | , , , |
---|---|
বিন্যাস: | প্রবন্ধ |
ভাষা: | English |
প্রকাশিত: |
Routledge Taylor & Francis
2007
|
বিষয়গুলি: | |
অনলাইন ব্যবহার করুন: | http://irep.iium.edu.my/8024/1/The_monetary_model_of_exchange_Determination__Philippines_Lee_Chin.pdf |