Nonlinear Dynamics and Out¡-of¡-sample Forecasts of Real Exchange Rates
The purpose of the paper is to contribute to the debate on the relevance of nonlinear modeling and forecasts in real exchange rates. Using monthly data from the post¡-Bretton Woods periods for the developed seven countries, we found strong evidence of the presence of nonlinearities in the behavior o...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
2004-12-01
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| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2004.8.2.129 |