Please use this identifier to cite or link to this item:
http://hdl.handle.net/2123/7440
|
| Title: | Exchange Rate Convergence and Market Efficiency |
| Authors: | Karfakis, C.I. Parikh, A. Economics |
| Issue Date: | Dec-1991 |
| Publisher: | Department of Economics |
| Series/Report no.: | 167 |
| 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. |
| URI: | http://hdl.handle.net/2123/7440 |
| ISBN: | 0867587148 |
| Department/Unit/Centre: | Economics |
| Appears in Collections: | Working Papers - Economics |
Files in This Item:
|
Items in Sydney eScholarship Repository are protected by copyright, with all rights reserved, unless otherwise indicated.