Please use this identifier to cite or link to this item:
|Title:||Exchange Rate Convergence and Market Efficiency|
|Publisher:||Department of Economics|
|Abstract:||The objective of this paper is to examine the market efficiency hypothesis for five major exchange rats of the Australian dollar using multivariate cointegration techniques. The conclusion is that cointegrated relations exist in foreign exchange markets when interdependence among exchange rates is accounted for.|
|Type of Work:||Working Paper|
|Appears in Collections:||Working Papers - Economics|
This work is protected by Copyright. All rights reserved. Access to this work is provided for the purposes of personal research and study. Except where permitted under the Copyright Act 1968, this work must not be copied or communicated to others without the express permission of the copyright owner. Use the persistent URI in this record to enable others to access this work.
|ECON 1991-167.pdf||5.22 MB||Adobe PDF||View/Open|
Items in Sydney eScholarship Repository are protected by copyright, with all rights reserved, unless otherwise indicated.