Exchange rate and interest rate differential in g7 economies
Peter Golit;
Afees Salisu; Akinwunmi Akintola; Faustina Nsonwu; toro Umoren
(Bank Indonesia Insitute, 2019)
|
ABSTRAKWe offer new insights on the dynamics of the exchange rate interest rate differential for the case of G7 economies. We show that the nexus is better considered using anasymmetric model, as suggested by a host of previous studies. In addition, we find therole of accounting for structural breaks to be prominent. We also show differences in thenexus between euro and non-euro G7 countries, suggesting heterogeneous monetarypolicies. Thus, we document the strongest evidence for the sticky price hypothesis inJapan and lesser evidence in the euro countries and the United Kingdom, with Canadaconsistently revealing evidence for the flexible price hypothesis. |
No. Panggil : | 332 BEMP 22:3 (2019) |
Entri utama-Nama orang : | |
Entri tambahan-Nama orang : | |
Subjek : | |
Penerbitan : | Jakarta: Bank Indonesia Insitute, 2019 |
Sumber Pengatalogan : | LibUI eng rda |
ISSN : | 14108046 |
Majalah/Jurnal : | Bulletin of Monetary Economics and Banking |
Volume : | Vol. 22, No. 3, 2019: Hal. 263-286 |
Tipe Konten : | text |
Tipe Media : | unmediated |
Tipe Carrier : | volume |
Akses Elektronik : | |
Institusi Pemilik : | Universitas Indonesia |
Lokasi : | Perpustakaan UI, lantai 4, R. Koleksi Jurnal |
No. Panggil | No. Barkod | Ketersediaan |
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332 BEMP 22:3 (2019) | 03-20-527541222 | TERSEDIA |
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Tidak ada ulasan pada koleksi ini: 20502673 |