Use this url to cite publication: https://cris.mruni.eu/cris/handle/007/36031
Theoretical advantages and drawbacks of fundamental exchange rate forecasting models
Type of publication
Straipsnis konferencijos medžiagoje kitoje duomenų bazėje / Article in conference proceedings in other databases (P1c)
Title [en]
Theoretical advantages and drawbacks of fundamental exchange rate forecasting models
Publisher (trusted)
Mykolas Romeris University |
Date Issued
Date Issued |
---|
2013 |
Extent
p. 201-208
Is part of
Whither our economies – 2013 : 3nd international scientific conference : conference proceedings [Elektroninis išteklius] / Mykolas Romeris University. Vilnius : Mykolas Romeris University, 2013.
Field of Science
Abstract (en)
The main fundamental models for nominal exchange rate forecasting are discussed in this article. After presenting purchasing power parity, interest rate parity, Mundell-Fleming, flexible price and sticky price monetary, portfolio balance and microstructure models, the main drawbacks and advantages of these models are presented. The authors conclude, that exchange rate forecasting field still requires more studies, because so far the most promising microstructure approach has serious drawbacks which might affect the validity of the model, moreover, there is no clear theoretical classification of fundamental and alternative models.
Is Referenced by
Type of document
type::text::conference output::conference proceedings::conference paper
ISSN (of the container)
2029-8501
eLABa
3203797
Coverage Spatial
Lietuva / Lithuania (LT)
Language
Anglų / English (en)
Bibliographic Details
32