Arbeitspapier
Nonlinear dynamics of speculative attacks on the Finnish markka, 1987-1992
In this paper, I estimate nonlinear autoregressive models for Finnish short-term interest rates using daily data.The nonlinear models considered in the paper are the logistic (LSTAR) and exponential (ESTAR) autoregressive models.The estimated LSTAR model appears to capture some of the interest rate dynamics associated with the speculative attacks against the Finnish markka.The combined LSTAR-GARCH models are also estimated.
- ISBN
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951-686-410-4
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 13/1994
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Murto, Risto
- Event
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Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
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1994
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Murto, Risto
- Bank of Finland
Time of origin
- 1994
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