Exchange rates in south america's emerging markets
Auteur :
Sosa, Luis Molinas / Pereira, Caio Vigo
Éditeur :
Cambridge University Press
ISBN :
9781108810135
Date de publication :
16 juil. 2020
Dimensions :
15,0 x 23,0 x 0,5 cm
Poids :
120 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Compares structural and Bayesian models to the random walk benchmark in forecasting exchange rates between South American currencies and the US Dollar, and between the Paraguayan Guarani, Brazilian Real and Argentinian Peso. Forecasts are evaluated using the criteria of Root Mean Square Error, Direction of Change, and the Diebold-Mariano statistic.