The estimation of equilibrium exchange rates in Malaysia: evidence using FEER model

The study of exchange rate behavior is important to identify the currency either experiencing an overvaluation or undervaluation. The traditional theory to estimate exchange rates behavior is the Law of One Price (henceforth LOP). This theory suggests that the price levels would be the same between...

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Bibliographic Details
Main Authors: Shukri, J. M., Habibullah, Muzafar Shah, Sanusi, Nur Azura
Format: Article
Language:English
Published: American Scientific Publishers 2017
Online Access:http://psasir.upm.edu.my/id/eprint/63451/1/The%20estimation%20of%20equilibrium%20exchange%20rates%20in%20Malaysia.pdf