DocumentCode
3181438
Title
Do the Hong Kong Dollar and New Taiwan Dollar affect each other? An application of the threshold regression model
Author
Mo, Wan-Shin ; Chang, Chia-Jen ; Silu, Zhang
Author_Institution
Dept. of Finance, Chung Yuan Christian Univ., Chungli, Taiwan
fYear
2011
fDate
8-10 Aug. 2011
Firstpage
2065
Lastpage
2068
Abstract
A Bayesian econometric approach and threshold variables have been employed in this study to investigate the linear and nonlinear relationship between the Hong Kong Dollar and New Taiwan Dollar over the sample period August 1997-July 2006. Evidence indicates that both commodities bring about no positive effects on each other, thus a more conservative policy may be implemented by the Central Bank policymakers of Hong Kong and Taiwan.
Keywords
Bayes methods; econometrics; regression analysis; Bayesian econometric approach; Central Bank policymakers; Hong Kong dollar; new Taiwan dollar; threshold regression model; threshold variables; Bayesian methods; Econometrics; Equations; Exchange rates; Fluctuations; Mathematical model; Hong Kong Dollar; New Taiwan Dollar; Threshold Regression Model;
fLanguage
English
Publisher
ieee
Conference_Titel
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location
Deng Leng
Print_ISBN
978-1-4577-0535-9
Type
conf
DOI
10.1109/AIMSEC.2011.6010999
Filename
6010999
Link To Document