It takes the average reader and 40 minutes to read Some Evidenceon Exchange Rate Determination in Major Industrial Countries by Mr. Yan Sun
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This paper examines the role of long-run monetary and cyclical factors in determining exchange rate movements. Results of empirical study using a data set that includes Canada, Germany, Japan, the United Kingdom, and the United States support the view that exchange rate movements can be explained by the efficient or rational adjustment of foreign exchange markets to economic fundamentals. In the long run, the exchange rate is determined consistent with a monetary approach to exchange rates, while cyclical factors have an impact on short-run exchange rate dynamics. Estimated equations outperform random walk models of exchange rates.
Some Evidenceon Exchange Rate Determination in Major Industrial Countries by Mr. Yan Sun is 39 pages long, and a total of 10,101 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Some Evidenceon Exchange Rate Determination in Major Industrial Countries aloud.
Some Evidenceon Exchange Rate Determination in Major Industrial Countries is suitable for students ages 8 and up.
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