Arbeitspapier

Fundamentals and technical trading: behaviour of exchange rates in the CEECs

We present a model of exchange rates, which incorporates the monetary approach and technical trading, and we present the reduced form based on the minimal state variable solution, where both fundamentals and backward-looking term determine the spot exchange rates.Finally, we estimate the impact of the monetary fundamentals for a panel of Central and Eastern European countries (Czech Republic, Poland, Romania and Slovakia) in the second half of the 1990s as well as the complete model of exchange rate determination for daily data over the more recent free-floating period.

Sprache
Englisch
ISBN
952-462-278-5

Erschienen in
Series: Bank of Finland Research Discussion Papers ; No. 10/2006

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Foreign Exchange
Financial Aspects of Economic Integration
Thema
foreign exchange market
fundamental analysis
panel cointegration
technical analysis

Ereignis
Geistige Schöpfung
(wer)
Bask, Mikael
Fidrmuc, Jarko
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2006

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bask, Mikael
  • Fidrmuc, Jarko
  • Bank of Finland

Entstanden

  • 2006

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