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Full-Text Articles in Finance
Behavioral Foreign Exchange Rates, Thanomsak Suwannoi
Behavioral Foreign Exchange Rates, Thanomsak Suwannoi
Doctoral Dissertations
The foreign exchange market is one of the most active financial markets. The sheer volume of trade in the foreign exchange market has captured the attention of many researchers. Since exchange rates began to float in 1973, there has been much empirical work on exchange rate behavior. The results from previous studies appear to be somewhat sensitive to econometric techniques employed. Thus, the correct statistical characterization of exchange rate behavior remains an open question.
Chapter 2 examines time-series behavior of monthly real exchange rates. The results show that real exchange rates do not follow a pure random walk process. Changes …
Looking At Communities And Markets, Lan Cao
Looking At Communities And Markets, Lan Cao
Faculty Publications
No abstract provided.