Exchange Rates in South America''s Emerging Markets

Zusammenfassung 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. Inhaltsverzeichnis 1. Introduction; 2. Historical background; 3. Literature review; 4. Methodology; 5. Data; 6. Results; 7. Conclusion; 8. Graphs; References.

Product details

• Authors: Caio Vigo Pereira, Luis Molinas Sosa, Luis Molinas Pereira Sosa
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 30.06.2020
• EAN: 9781108810135
• ISBN: 978-1-108-81013-5
• No. of pages: 75
• Series: Elements in the Economics of Emerging Markets; Elements in the Economics of E
• Subjects: Social sciences, law, business > Business > Economics; South America, BUSINESS & ECONOMICS / Economics / General, Monetary Economics