| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965843 | Journal of Macroeconomics | 2011 | 15 Pages |
Abstract
⺠There are nonlinear relationships between macroeconomic fundamentals and exchange rates. ⺠Inflation differentials with respect to the US inflation drive the nonlinearity in the analysis of monetary models for the data from Germany, Canada, the UK, France and Italy. ⺠Taking nonlinearity into account is important in modeling both short- and long-term dynamic relationships of the variables in monetary models of exchange rate.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Juha Junttila, Marko Korhonen,