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Εμπειρική εκτίμηση των παραγόντων προσδιορισμού της συναλλαγματικής ισοτιμίας δρχ./$
Journal of Economics and Business - SPOUDAI
View Archive Info| Field | Value | |
| Title |
Εμπειρική εκτίμηση των παραγόντων προσδιορισμού της συναλλαγματικής ισοτιμίας δρχ./$
Εμπειρική εκτίμηση των παραγόντων προσδιορισμού της συναλλαγματικής ισοτιμίας δρχ./$ |
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| Creator |
Παλαιολόγος, Γιάννης
Γεωργαντέλης, Σπύρος Ε. |
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| Subject |
Συναλλαγματική ισοτιμία; Τιμή συναλλάγματος
Exchange parity; Exchange rate |
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| Description |
In this paper ("An Empirical Investigation of the Factors Determining the Exchange Rate of Dr/$")we present a number of models explaining the behaviour of Dr/$ exchange rate. More specifically, the monetary model was tested and it was found that Bilson's version as well as Hooper- Morton's came ahead of the others. Furthermore, the efficiency market hypothesis was tested with rejection of the speculative market hypothesis. Finally, the random - walk model was found inappropriate compared with other univariate models as well as with other structural economics models of exchange rate behaviour. |
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| Publisher |
University of Piraeus
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| Date |
1991-01-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://spoudai.unipi.gr/index.php/spoudai/article/view/961
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| Source |
SPOUDAI - Journal of Economics and Business; Vol 41, No 1 (1991); 82-107
2241-424X 1105-8919 |
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| Language |
eng
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| Relation |
http://spoudai.unipi.gr/index.php/spoudai/article/view/961/1040
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| Rights |
Copyright (c) 1991 SPOUDAI - Journal of Economics and Business
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