rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: Monetary Model of Exchange Rates and Cointegration
    sub title: Estimation, Testing and Prediction
  name:
    name part: Gardeazabal, Javier.
    role:
      role term: creator
  name:
    name part: Regúlez, Marta.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  genre: Electronic books.
  origin info:
    place:
      place term: gw
    date issued: 1992
    issuance: monographic
  language:
    language term: eng
  physical description:
    reformatting quality: access
    form: remote
    extent: 1 online resource (x, 194 pages)
  abstract: These notes draw from the Theory of Cointegration in order to test the monetary model of exchange rate determination. Previous evidence shows that the monetary model does not capture the short run dynamics of the exchange rate, specially when assessed in terms of forecasting accuracy. Even though the monetary equations of exchange rate determination may be bad indicators of how exchange rates are determined in the short run, they couldstill describe long run equilibrium relationships between the exchange rate and its fundamentals. Stationary deviations from those long run relationships are allowed in the short run. This book also addresses severalissues on Cointegration. Chapter 6 studies the small sample distribution of the likelihood ratio test statistics (on the dimension and restrictions on the cointegrating space) under deviations from normality. This monograph also focuses on the issue of optimal prediction in partially nonstationary multivariate time series models. In particular, it caries out an exchange rate prediction exercise.
  note: by Javier Gardeazabal, Marta Regúlez.
  note: Electronic resource.
  subject:
    topic: Economics
  subject:
    topic: International economic relations
  subject:
    topic: Economics
  subject:
    topic: International economic relations
  classification: HB1-846.8
  classification: 330.1
  related item:
    title info:
      title: Lecture notes in economics and mathematical systems ; 385
  identifier: 9783642488580 (electronic bk.)
  identifier: 3642488587 (electronic bk.)
  identifier: 9783540556350
  identifier: 3540556354
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: AU@
    record creation date: 121227
    record change date: 20260420211740.9
    record identifier: in00003559937
    language of cataloging:
      language term: eng