Is Malaysia exchange rate misalignment before the 1997 crisis?
This paper seeks to use the flexible-price monetary model in the cointegration and vector error correction model (VECM) contexts to determine whether there was misalignment in the Malaysian ringgit - U.S. dollar before the 1997 currency crisis. Unit roots, cointegration and weak exogeneity are teste...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Labuan Faculty of International Finance, Universiti Malaysia Sabah
2008
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/15308/1/15308.pdf http://psasir.upm.edu.my/id/eprint/15308/ http://wwwkal.ums.edu.my/lbibf/index.php/published-articles-downloadable/category/10-volume-6-2008 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|