Finding theoretical and empirical solutions to the three major puzzles of exchange rate economics : applications in respect of Southern African macroeconomic data

The thesis focuses on finding solutions to major exchange rate puzzles, which were discussed in detail by Obstfeld and Rogoff (2000). The first puzzle is the purchasing power parity puzzle. The first version of the latter puzzle is concerned with whether a real exchange rate reverts in the mean. To...

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Bibliographic Details
Main Author: Mokoena, Thabo Mishack
Other Authors: Gupta, Rangan
Published: University of Pretoria 2013
Subjects:
Online Access:http://hdl.handle.net/2263/25397
http://upetd.up.ac.za/thesis/available/etd-06102008-103020/