The Monetary Approach to Exchange Rate Determination: Evidence from Five Countries
2020 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE credits
Student thesis
Abstract [en]
The purpose of this study is to examine an alternative version of the monetary approach to exchange rate determination to describe the CAD-USD, YEN-USD, GBP-USD, CHF-USD, SGD-USD exchange rate. We study this phenomenon empirically by collecting quarterly data of the exchange rate, money supply, gross domestic product, and interest rate, the inflation rate of Canada, Japan, England, Singapore, and Switzerland during 1979-2019. Therefore, this study also works on Dronbusch's sticky-price monetary model of the exchange rate determination for Canada, the UK, Switzerland, Japan, and Singapore.
Place, publisher, year, edition, pages
2020. , p. 37
Keywords [en]
Exchange rate, Money supply, Gross domestic rate, Interest rate, Inflation rate, Sticky price monetary model.
National Category
Economics
Identifiers
URN: urn:nbn:se:hv:diva-15681Local ID: EXF800OAI: oai:DiVA.org:hv-15681DiVA, id: diva2:1456265
Subject / course
Nationalekonomi
Educational program
Magister i finans
Supervisors
Examiners
2020-08-172020-08-032020-08-17Bibliographically approved