Identification of exchange rate shocks with compositional data and written press
The evolution of exchange rates results from events that affect different countries differently, that is, asymmetric shocks. Being value ratios, exchange rates constitute what is known as compositional data. The compositional data analysis methodology transforms exchange rates in a way that ensures...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Asociación para la Formación y la Investigación en Ciencias Económicas y Sociales
2020-01-01
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| Series: | Finance, Markets and Valuation |
| Subjects: | |
| Online Access: | https://journalfmv.com/en/archive/2020/1/113588f955.html |