Analysis of Endogenous Real Exchange Rate Fluctuations— Application of Threshold Autoregressive Model
碩士 === 臺灣大學 === 國家發展研究所 === 95 === This study aims to solve the puzzle proposed by Rogoff (1996), by adopting Chen(1998)’s theoretical model. Based on purchase power parity(PPP), the puzzle is the enormous short-run volatility and the persistent long-run inequilibrium of real exchange rate. Chen (19...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/60121511968355568114 |