Abstract
Nominal exchange rate prediction interests many. Economists can use exchange rate prediction exercises as a way of validating structural models of exchange rate determination. Businessmen are interested in forecasting rates to the extent that this will allow them to better hedge against foreign exchange risk. Finally, governments will conduct their domestic economic policy guided by a better knowledge if they have accurate rate forecasts at their disposal.
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© 1992 Springer-Verlag Berlin Heidelberg
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Gardeazabal, J., Regúlez, M. (1992). Nominal Exchange Rate Prediction. In: The Monetary Model of Exchange Rates and Cointegration. Lecture Notes in Economics and Mathematical Systems, vol 385. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48858-0_9
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DOI: https://doi.org/10.1007/978-3-642-48858-0_9
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-55635-0
Online ISBN: 978-3-642-48858-0
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