Parity theorems revisited: an ARDL bound test with non-parity factors

• 主要な著者: Syed Mohamed, Mohamed Ariff, Zarei, Alireza
• フォーマット: 論文
• 言語: English
• 出版事項: Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia 2015
• オンライン･アクセス: http://psasir.upm.edu.my/id/eprint/56411/1/Parity%20theorems%20revisited%20an%20ARDL%20bound%20test%20with%20non-parity%20factors.pdf; http://psasir.upm.edu.my/id/eprint/56411/; http://web.usm.my/journal/aamjaf/11-1-1-2015.html

The research question addressed in this paper is, do inflation and interest rate differences across two major economies fully drive the long-run exchange rate changes if controls for non-parity factors are embedded? Exchange rate behaviour research is once again an interesting topic given the availa...