Title of article
Testing the long-run structural validity of the monetary exchange rate model
Author/Authors
Andrew Abbott، نويسنده , , Glauco De Vita، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
8
From page
157
To page
164
Abstract
Using a recently developed econometric technique, we test the validity of the over-identifying restrictions of the long-run structural relations underlying the flex-price monetary model of the exchange rate. Our main finding is that, for the Canadian–US dollar, structural identification is rejected by the data.
Keywords
Structural identification , Monetary exchange rate model
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
434915
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