The monetary approach to exchange rate determination for Malaysia

Lee Chin, M. Azali, K. G. Matthews

Research output: Journal PublicationArticlepeer-review

12 Citations (Scopus)

Abstract

This article uses alternative versions of the monetary approach to exchange rate determination to explain the Malaysian-ringgit-USD exchange rate during the recent past. The result shows that in general the estimated coefficients of money and income differentials are consistent with all variants of monetary model. In particular, the evidence strongly supports the Bilson's version of the monetary approach.

Original languageEnglish
Pages (from-to)91-94
Number of pages4
JournalApplied Financial Economics Letters
Volume3
Issue number2
DOIs
Publication statusPublished - Mar 2007
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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