Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Can a real business cycle model without price and wage stickiness explain UK real exchange rate behaviour?

Meenagh, David, Minford, Anthony Patrick Leslie, Nowell, Eric and Sofat, Prakriti 2010. Can a real business cycle model without price and wage stickiness explain UK real exchange rate behaviour? Journal of International Money and Finance 29 (6) , pp. 1131-1150. 10.1016/j.jimonfin.2010.02.006

Full text not available from this repository.

Abstract

This paper establishes the ability of a Real Business Cycle model to account for UK real exchange rate behaviour. The model is tested by the method of indirect inference, bootstrapping the errors to generate 95% confidence limits for a time-series representation of the real exchange rate, as well as for various key data moments. The results suggest RBC models can explain real exchange rate movements.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Advanced Research Computing @ Cardiff (ARCCA)
Business (Including Economics)
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Uncontrolled Keywords: Real exchange rate ; Productivity ; Real business cycle ; Bootstrap ; Indirect inference
Publisher: Elsevier
ISSN: 0261-5606
Last Modified: 06 Mar 2018 20:41
URI: http://orca.cf.ac.uk/id/eprint/17885

Citation Data

Cited 7 times in Google Scholar. View in Google Scholar

Cited 2 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item