- Author
- Rublikova Eva (Economic University Bratislava), Rutkowska Magdalena (University of Lodz, Poland)
- Title
- Determinants of Exchange Rate of Slovak Crown Against Polish Zloty - Dornbusch Monetary Model
- Source
- FindEcon Monograph Series : advances in financial market analysis, 2006, nr 1, s. 173-185, rys., tab., bibliogr. s. 185
- Issue title
- Financial markets : principles of modeling forecasting and decision-making
- Keyword
- Złoty polski, Kurs walutowy, Teoria kursu walutowego
Polish Zloty, Exchange rates, Exchange rate theory - Country
- Republika Słowacka, Polska
Slovak Republic, Poland - Abstract
- In Chapter 12 the determinants of PLN/SKK exchange rate have been examined. It was shown that absolute PPP does not hold in the long run which is a common finding of many empirical research for other transition economies. The results of the estimated monetary models have shown that there is a need for structural approach but a lot of work should be put in proper specification of the model and estimation methodology. (fragment of text)
- Accessibility
- The Main Library of the Cracow University of Economics
The Main Library of Poznań University of Economics and Business - Full text
- Show
- Bibliography
-
- Baillie R. T., McMahon P. C. (1989), The Foreign Exchange Market. Theory and Evidence, Cambridge: Cambridge University Press.
- Diebold F. X. (1988), Empirical Modeling of Exchange Rate Dynamics, eds M. Beckmann, W. Krelle, Berlin: Springer-Verlag.
- Dornbusch R. (1976), "Expectations and Exchange Rate Dynamics", Journal of Political Economy, 84, 1161-1176.
- MacDonald R., Taylor M. P. (1989), Exchange Rates and Open Economy Macroeconomics, Cambridge: Basil Blackwell.
- Enders W. (1995), Applied Econometric Time Series, New York: Wiley & Sons.
- Ivanicova Z. (2003), Discrete Optimization of Exchange Rate Model, Proceeding from 9th International Scientific Conference, Quantitative Methods in Economy - Compatibility of Methodology and Practice with the EU Conditions (on CD), November 13th-14th, Bratislava.
- Rublikova E. (2003), "Purchasing Power Parity and Cointegration", Bratislava: FEI EU, Economic and Informatics, 1, 147-154.
- National Bank of Poland Bulletins 1998-2004, Warszawa: NBP.
- Polish Statistical Bulletins 1998-2004, Warszawa: GUS.
- Cited by
- Language
- eng
