Monetary Model of Exchange Rate for Thailand: Long-run Relationship and Monetary Restrictions

This paper examines the long-run relationship between exchange rate and its determinants based on the flexible-price monetary model. Multivariate cointegration approach (Johansan 1988, 1989 and Johansen-Juselius 1990) is adopted to attain our objective of study. The empirical results provide evidenc...

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Main Authors: Liew, Venus Khim-Sen, Ahmad Zubaidi, Baharumshah, Puah, Chin-Hong
格式: Working Paper
語言:English
出版: Universiti Malaysia Sarawak (UNIMAS) 2008
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在線閱讀:http://ir.unimas.my/id/eprint/3221/1/Monetary%20model.pdf
http://ir.unimas.my/id/eprint/3221/
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