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Details for article 7 of 7 found articles
| Title: |
Variability Measurements and Choice of Exchange Rate System: Asian Versus industrialized Countries |
| Author: |
So, Jacky C. |
| Appeared in: |
International economic journal |
| Paging: | Volume 5 (1991) nr. 4 pages 43-61 |
| Year: |
1991 |
| Contents: |
This paper examines whether the exchange rate movements of six Asian countries and six industrialized countries are normally distributed. This study also uses stochastic dominance to determine whether risk averse investors would prefer the fixed exchange rate system to the floating exchange rate system. Our empirical results show that most exchange rate changes are non-normal stable. Results form the stochastic dominance technique indicate that not all risk averse individuals will necessarily prefer one exchange rate system to the other. [F31] |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 7 of 7 found articles
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