Are Southeast Asian Real Exchange Rates Mean Reverting?
Since the late nineties, both theoretical and empirical analysis devoted to the real exchange rate suggest that their dynamics might be well approximated by nonlinear models. This paper examines this possibility for post-1970 monthly ASEAN-5 data, extending the existing research in two directions. F...
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| Main Author: |
Bec, Frédérique
Zeng, Songlin |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
2012 |
| Related: |
THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise |
| Data of publication: | 2012 |
| Series: |
THEMA Working Papers |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |