Full Length Research Paper
References
Abbas Q, Iqbal J, Ayaz L (2012). Relationship between GDP, inflation, and real interest rate with exchange rate fluctuation of African countries. International Journal of Academic Research in Accounting, Finance and Management Sciences 2(3):132-141. |
|
Adrangi B, Allender ME, Raffiee K (2011). Exchange rates and inflation rates: Exploring nonlinear relationships. Review of Economics and Finance 1(2):1-16. |
|
Adu G, Karimu A, Mensah JT (2015). An empirical analysis of exchange rate dynamics and pass-through effects on domestic prices in Ghana. International growth center working paper. |
|
Ali TM, Mahmood MT, Bashir T (2015). Impact of interest rate, inflation, and money supply on exchange rate volatility in Pakistan. World Applied Sciences Journal 33(4):620-630. |
|
Aliber RZ (1973). The interest rate parity theorem: A reinterpretation. Journal of political economy 81(6):1451-1459. |
|
Amin S, Murshed M, Chowdhury MT (2018). Examining the exchange rate overshooting hypothesis in Bangladesh: A cointegration and causality analysis. World Journal of Social Sciences 8(3):69-83. |
|
Aziz MA, Habibullah MS, Azman-Saini W, Azali M (2000). Testing for causality between taxation and government spending: An application of the Toda-Yamamoto approach. Pertanika Journal of Social Science and Humanities 8(1):45-50. |
|
Bashir F, Luqman A (2014). Long-run determinants of real exchange rate: An econometric analysis from Pakistan. Pakistan Journal of Commerce and Social Sciences 8:2. |
|
Brown RL, Durbin J, Evans JM (1975). Techniques for testing the constancy of regression relationships over time. Journal of the Royal Statistical Society: Series B (Methodological) 37(2):149-163. |
|
Cassel G (1918). Abnormal deviations in international exchanges. The Economic Journal 28(112):413-415. |
|
De Leo P, Cormun V (2017). Revisiting the exchange rate response to monetary policy innovations: The role of spillovers of us news shocks. In 2017 Meeting Papers, number 576. Society for Economic Dynamics. |
|
Ebiringa OT, Anyaogu N (2014). Exchange rate, inflation, and interest rates relationships: An autoregressive distributed lag analysis. Journal of Economics and Development Studies 2(2):263-279. |
|
Eleftheriou M, Mu¨ller-Plantenberg NA (2018). The purchasing power parity fallacy: Time to reconsider the PPP hypothesis. Open Economies Review 29(3):481-515. |
|
Engle RF, Granger CW (1987). Co-integration and error correction: representation, estimation, and testing. Econometrica: Journal of the Econometric Society pp. 251-276. |
|
Granger CW (1981). Some properties of time series data and their use in econometric model specification. Journal of econometrics 16(1):121-130. |
|
Granger CWJ (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica 37(3):424-438. |
|
Gujarati D, Porter D (2009). Basic Econometrics. Economics series. McGraw-Hill Irwin. |
|
Hnatkovska V, Lahiri A, Vegh CA (2016). The exchange rate response to monetary policy innovations. American Economic Journal: Macroeconomics 8(2):137-181. |
|
Kara A, Nelson E (2002). The exchange rate and inflation in the UK. Bank of England, external MPC unit. Technical report, Discussion Paper. |
|
Kearns J, Manners P (2006). The impact of monetary policy on the exchange rate: A study using intraday data. International Journal of Central Banking 2(4):157-183. |
|
Khordehfrosh DA, Tehranchian AM (2015). The impact of monetary policies on the exchange rate: A GMM approach. Iranian Economic Review 19(2):177-191. |
|
Kripfganz S, Schneider DC (2018). Response surface regressions for critical value bounds and approximate p-values in equilibrium correction models. Manuscript. |
|
Mahamadu B, Phillip A (2003). Monetary growth, exchange rates, and inflation in Ghana: An error correction analysis. Technical report, Working Paper, WP/BOG-2003/05. |
|
Monfared SS, Akın F (2017). The relationship between exchange rates and inflation: The case of Iran. European Journal of Sustainable Development 6(4):329-340. |
|
Nchor D, Darkwah SA (2015). Inflation, exchange rates, and interest rates in Ghana: an autoregressive distributed lag model. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 63(3):969-977. |
|
Nkoro E, Uko AK (2016). Autoregressive distributed lag (ARDL) cointegration technique: application and interpretation. Journal of Statistical and Econometric Methods 5(4):63-91. |
|
Nucu AE (2011). The relationship between exchange rate and key macroeconomic indicators. case study: Romania. The Romanian Economic Journal 41:127-145. |
|
Osabuohien E, Obiekwe E, Urhie ES, Osabohien R (2018). Inflation rate, exchange rate volatility, and exchange rate pass-through nexus: The Nigerian Experience. Journal of Applied Economic Sciences 2(56):574-585. |
|
Ozturk I, Acaravci A (2010). The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary, and Romania: Evidence from ARDL bound testing approach. Applied Energy 87(6):1938-1943. |
|
Pesaran MH, Shin Y, Smith RJ (2001). Bounds testing approaches to the analysis of level relationships. Journal of applied econometrics 16(3):289-326. |
|
Seabra F, Flach L (2005). Foreign direct investment and profit outflows: A causality analysis for the Brazilian economy. Economics Bulletin 6(1):1-15. |
|
Sundqvist E (2002). An empirical investigation of the International Fisher Effect (Dissertation). Retrieved from |
|
Toda HY, Yamamoto T (1995). Statistical inference in vector autoregressions with possibly integrated processes. Journal of Econometrics 66:225-250. |
|
Zettelmeyer J (2004). The impact of monetary policy on the exchange rate: evidence from three small open economies. Journal of Monetary Economics 51(3):635-652. |
Copyright © 2024 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0