Skip to main content

Forecasting foreign exchange rates in developing economies

Buy Article:

$53.17 plus tax (Refund Policy)


We investigate the ability of a variety of exchange rate models to forecast parallel exchange rates for developing economies. In contrast to earlier studies, which use actual values of the exogenous variables, we employ time series forecasts of the exogenous variables. An error correction version of a monetary model proposed by us, that incorporates the dynamics of both short-run and long-run adjustment processes, outperforms all other models that have been suggested earlier.

Document Type: Research Article


Publication date: January 1, 1997

More about this publication?

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Partial Open Access Content
Partial Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more