Monetary Exchange Rate Model : Supportive Evidence from Nonlinear Testing Procedures

• المؤلفون الرئيسيون: Venus, Khim-Sen Liew, Ahmad Zubaidi, Baharumshah, Muzafar Shah, Habibullah, Habshah, Midi
• التنسيق: Working Paper
• اللغة: English
• منشور في: Universiti Malaysia Sabah (UMS) 2006
• الموضوعات: HG Finance
• الوصول للمادة أونلاين: http://ir.unimas.my/id/eprint/29593/1/monetary.pdf; http://ir.unimas.my/id/eprint/29593/

Using nonlinear testing procedures relevant to the recent literature, this study provides evidence of nonlinear adjustment of nominal exchange rate towards monetary fundamentals in the context of ASEAN-5 countries. While it supports earlier findings supportive of monetary exchange rate model in thi...