메뉴 건너뛰기




Volumn 1, Issue 2, 2002, Pages 183-213

Convergence in the ERM and Declining Numbers of Common Stochastic Trends

Author keywords

[No Author keywords available]

Indexed keywords


EID: 85007685362     PISSN: 09726527     EISSN: None     Source Type: Journal    
DOI: 10.1177/097265270200100203     Document Type: Article
Times cited : (25)

References (39)
  • 1
    • 0031765946 scopus 로고    scopus 로고
    • On the Mean-reverting Properties of Target Zone Exchange Rates: Some Evidence from the ERM
    • Anthony, Myrvin and Ronald MacDonald (1998), ‘On the Mean-reverting Properties of Target Zone Exchange Rates: Some Evidence from the ERM’, European Economic Review, 42(8): 1493-1523.
    • (1998) European Economic Review , vol.42 , Issue.8 , pp. 1493-1523
    • Anthony, M.1    MacDonald, R.2
  • 2
    • 84977703517 scopus 로고
    • Common Stochastic Trends in a System of Exchange Rates
    • Baillie, Richard T. and Tim Bollerslev (1989), ‘Common Stochastic Trends in a System of Exchange Rates’, Journal of Finance, 44(1): 167-81.
    • (1989) Journal of Finance , vol.44 , Issue.1 , pp. 167-181
    • Baillie, R.T.1    Bollerslev, T.2
  • 3
    • 84993911790 scopus 로고
    • Cointegration, Fractional Cointegration, and Exchange Rate Dynamics
    • Baillie, Richard T. and Tim Bollerslev (1994), ‘Cointegration, Fractional Cointegration, and Exchange Rate Dynamics’, Journal of Finance, 49(2): 737-45.
    • (1994) Journal of Finance , vol.49 , Issue.2 , pp. 737-745
    • Baillie, R.T.1    Bollerslev, T.2
  • 4
    • 0344012730 scopus 로고    scopus 로고
    • Soft versus Hard Targets for Exchange Rate Intervention
    • Bartolini, Leonardo and Alessandro Prati (1997), ‘Soft versus Hard Targets for Exchange Rate Intervention’, Ecunomic Policy, 24: 13-52.
    • (1997) Ecunomic Policy , vol.24 , pp. 13-52
    • Bartolini, L.1    Prati, A.2
  • 5
    • 0002902163 scopus 로고    scopus 로고
    • Target Zones and Exchange Rates: An empirical investigation
    • Bekaert, Geert and Stephen F. Gray (1998), ‘Target Zones and Exchange Rates: An empirical investigation’, Journal of International Economics, 45(1): 1-35.
    • (1998) Journal of International Economics , vol.45 , Issue.1 , pp. 1-35
    • Bekaert, G.1    Stephen, F.G.2
  • 6
  • 7
    • 0041048859 scopus 로고    scopus 로고
    • Interpreting Tests of the Convergence Hypothesis
    • Bernard, Andrew B. and Steven N. Durlauf (1996), ‘Interpreting Tests of the Convergence Hypothesis’, Journal of Econometrics, 71(1-2): 161-73.
    • (1996) Journal of Econometrics , vol.71 , Issue.1-2 , pp. 161-173
    • Bernard, A.B.1    Steven, N.D.2
  • 8
    • 0001763195 scopus 로고
    • Target Zones and Realignments
    • Bertola, Giuseppe and Ricardo J. Caballero (1992), ‘Target Zones and Realignments’, American Economic Review, 82(3): 520-36.
    • (1992) American Economic Review , vol.82 , Issue.3 , pp. 520-536
    • Bertola, G.1    Ricardo, J.C.2
  • 10
    • 0001126361 scopus 로고
    • Banking on Currency Forecasts: How Predictable is the Change in Money?
    • Chinn, Menzie D. and Richard A. Meese (1995), ‘Banking on Currency Forecasts: How Predictable is the Change in Money?’, Journal of International Economics, 38(1-2): 161-78.
    • (1995) Journal of International Economics , vol.38 , Issue.1-2 , pp. 161-178
    • Chinn, M.D.1    Meese, R.A.2
  • 11
    • 0003367126 scopus 로고    scopus 로고
    • State-dependent Realignments in Target Zone Currency Regimes
    • Christensen, Peter O., David Lando and Kristian Miltersen (1998), ‘State-dependent Realignments in Target Zone Currency Regimes’, Review of Derivatives Research, 1(4): 295-323.
    • (1998) Review of Derivatives Research , vol.1 , Issue.4 , pp. 295-323
    • Christensen, P.O.1    Lando, D.2    Miltersen, K.3
  • 12
    • 84993869085 scopus 로고
    • On Cointegration and Exchange Rate Dynamics
    • Diebold, Francis X., Javier Gardeazalbal and Kamil Yilmaz (1994), ‘On Cointegration and Exchange Rate Dynamics’, Journal of Finance, 49(2): 727-35.
    • (1994) Journal of Finance , vol.49 , Issue.2 , pp. 727-735
    • Diebold, F.X.1    Gardeazalbal, J.2    Yilmaz, K.3
  • 13
    • 0000121032 scopus 로고    scopus 로고
    • The New Empirics of Economic Growth
    • in John B. Taylor and Michael Woodford (eds), Amsterdam: Elsevier Science Publishers B.V.
    • Durlauf, Steven N. and Danny T. Quah (1999), ‘The New Empirics of Economic Growth’, in John B. Taylor and Michael Woodford (eds), Handbook of Macro-economics, vol. 1A, pp. 231-304. Amsterdam: Elsevier Science Publishers B.V.
    • (1999) Handbook of Macro-economics , vol.1A , pp. 231-304
    • Durlauf, S.N.1    Quah, D.T.2
  • 15
    • 0000013567 scopus 로고
    • Co-Integration and Error Correction: Representation, Estimation and Testing
    • Engle, Robert F. and Clive W.J. Granger (1987), ‘Co-Integration and Error Correction: Representation, Estimation and Testing’, Econometrica, 55(2): 251-76.
    • (1987) Econometrica , vol.55 , Issue.2 , pp. 251-276
    • Engle, R.F.1    Clive, W.J.G.2
  • 17
    • 77956844706 scopus 로고
    • The Operation and Collapse of Fixed Exchange Rate Regimes
    • in G. Grossman and K. Rogoff (eds), Amsterdam: Elsevier Science Publishers B.V.
    • Garber, Peter M. and Lars E.O. Svensson (1995), ‘The Operation and Collapse of Fixed Exchange Rate Regimes’, in G. Grossman and K. Rogoff (eds), Handbook of International Economics, vol. III, pp. 1865-1911. Amsterdam: Elsevier Science Publishers B.V.
    • (1995) Handbook of International Economics , vol.3 , pp. 1865-1911
    • Garber, P.M.1    Svensson, L.E.O.2
  • 19
    • 84981386031 scopus 로고
    • Measuring Convergence of the EC Economies
    • (Supplement)
    • Hall, Stephen G., Donald Robertson and Michael R. Wickens (1992), ‘Measuring Convergence of the EC Economies’, The Manchester School, 60(Supplement): 99-111.
    • (1992) The Manchester School , vol.60 , pp. 99-111
    • Hall, S.G.1    Robertson, D.2    Wickens, M.R.3
  • 20
    • 0030660568 scopus 로고    scopus 로고
    • Measuring Economic Convergence
    • International Journal of Finance
    • Hall, Stephen G., Donald Robertson and Michael R. Wickens (1997), ‘Measuring Economic Convergence’, International Journal of Finance and Economics, 2(1): 131-43.
    • (1997) Economics , vol.2 , Issue.1 , pp. 131-143
    • Hall, S.G.1    Robertson, D.2    Wickens, M.R.3
  • 23
    • 0345510809 scopus 로고
    • The Statistical Analysis of Cointegration Vectors
    • Johansen, Søren (1988), ‘The Statistical Analysis of Cointegration Vectors’, Journal of Economic Dynamics and Control, 12(2): 231-54.
    • (1988) Journal of Economic Dynamics and Control , vol.12 , Issue.2 , pp. 231-254
    • Johansen, S.1
  • 24
    • 0000158117 scopus 로고
    • Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models
    • Johansen, Søren (1991), ‘Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models’, Econometrica, 59(6): 1551-80.
    • (1991) Econometrica , vol.59 , Issue.6 , pp. 1551-1580
    • Johansen, S.1
  • 26
    • 84981579311 scopus 로고
    • Maximum Likelihood Estimation and Inference on Cointegration—With Applications to the Demand for Money
    • Johansen, Søren and Katarina Juselius (1990), ‘Maximum Likelihood Estimation and Inference on Cointegration—With Applications to the Demand for Money’, Oxford Bulletin of Economics and Statistics, 52(2): 169-210.
    • (1990) Oxford Bulletin of Economics and Statistics , vol.52 , Issue.2 , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 29
    • 0000277964 scopus 로고
    • Target Zones and Exchange Rate Dynamics
    • Krugman, Paul R. (1991), ‘Target Zones and Exchange Rate Dynamics’, Quarterly Journal of Economics, 106(3): 669-82.
    • (1991) Quarterly Journal of Economics , vol.106 , Issue.3 , pp. 669-682
    • Krugman, P.R.1
  • 30
    • 0000566754 scopus 로고    scopus 로고
    • Exchange Rate Behaviour: Are fundamentals important?
    • MacDonald, Ronald (1999), ‘Exchange Rate Behaviour: Are fundamentals important?’, Economic Journal, 109: 673-91.
    • (1999) Economic Journal , vol.109 , pp. 673-691
    • MacDonald, R.1
  • 31
    • 0001413344 scopus 로고
    • Exchange Rates and Fundamentals: Evidence on Long-Horizon Predictability
    • Mark, Nelson C. (1995), ‘Exchange Rates and Fundamentals: Evidence on Long-Horizon Predictability’, American Economic Review, 85(1): 201-18.
    • (1995) American Economic Review , vol.85 , Issue.1 , pp. 201-218
    • Mark, N.C.1
  • 32
    • 0003164646 scopus 로고    scopus 로고
    • Real Exchange-Rate Prediction over Longer Horizons
    • Mark, Nelson C. and Doo-Yull Choi (1997), ‘Real Exchange-Rate Prediction over Longer Horizons’, Journal of International Economics, 43(1-2): 29-60.
    • (1997) Journal of International Economics , vol.43 , Issue.1-2 , pp. 29-60
    • Mark, N.C.1    Choi, D.-Y.2
  • 33
    • 84911588406 scopus 로고
    • On Unit Roots and the Empirical Modelling of Exchange Rates
    • Meese, Richard A. and Kenneth J. Singleton (1982), ‘On Unit Roots and the Empirical Modelling of Exchange Rates’, Journal of Finance, 37(4): 1029-35.
    • (1982) Journal of Finance , vol.37 , Issue.4 , pp. 1029-1035
    • Meese, R.A.1    Kenneth, J.S.2
  • 34
    • 49049143455 scopus 로고
    • Trends and Random Walks in Macroeconomic Time Series
    • Nelson, Charles R. and Charles I. Plosser (1982), ‘Trends and Random Walks in Macroeconomic Time Series’, Journal of Monetary Economics, 10(2): 139-62.
    • (1982) Journal of Monetary Economics , vol.10 , Issue.2 , pp. 139-162
    • Nelson, C.R.1    Plosser, C.I.2
  • 35
    • 0000631178 scopus 로고
    • A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Statistic: Four Cases
    • Osterwald-Lenum, Michael (1992), ‘A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Statistic: Four Cases’, Oxford Bulletin of Economics and Statistics, 54(3): 461-71.
    • (1992) Oxford Bulletin of Economics and Statistics , vol.54 , Issue.3 , pp. 461-471
    • Osterwald-Lenum, M.1
  • 36
    • 0000899296 scopus 로고
    • The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis
    • Perron, Pierre (1989), ‘The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis’, Econometrica, 57(6): 461-71.
    • (1989) Econometrica , vol.57 , Issue.6 , pp. 461-471
    • Perron, P.1
  • 37
    • 0042367653 scopus 로고    scopus 로고
    • Increasing Convergence among European Stock Markets?-A Recursive Common Stochastic Trends Analysis
    • Rangvid, Jesper (2001), ‘Increasing Convergence among European Stock Markets?-A Recursive Common Stochastic Trends Analysis’, Economics Letters, 71(3): 383-90.
    • (2001) Economics Letters , vol.71 , Issue.3 , pp. 383-390
    • Rangvid, J.1
  • 38
    • 0034812531 scopus 로고    scopus 로고
    • Determinants of the Implied Shadow Exchange Rates from a Target Zone
    • Rangvid, Jesper and Carsten Sørensen (2001), ‘Determinants of the Implied Shadow Exchange Rates from a Target Zone’, European Economic Review, 45(9): 1665-96.
    • (2001) European Economic Review , vol.45 , Issue.9 , pp. 1665-1696
    • Rangvid, J.1    Sørensen, C.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.