Cointegrated Periodically Collapsing Bubbles in the Exchange Rate of 'BRICS'

Autor:	Wilfredo L. Maldonado, Octávio Augusto Fontes Tourinho, Jorge A. B. M. de Abreu
Rok vydání:	2017
Předmět:	050208 finance Exchange rate Us dollar Cointegration Currency 0502 economics and business 05 social sciences Economics Forward exchange rate Monetary economics 050207 economics General Economics Econometrics and Finance Finance
Zdroj:	Emerging Markets Finance and Trade. 54:54-70
ISSN:	1558-0938 1540-496X
DOI:	10.1080/1540496x.2016.1229179
Popis:	We test the occurrence of periodically recurring rational bubbles in the exchange rate of each of the “BRICS” countries currency relative to the US dollar. The forward exchange rate is used...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::66be808ab0b875d156772a643156711d https://doi.org/10.1080/1540496x.2016.1229179 Zobrazit plný text záznamu