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Theorie und Empirie flexibler Wechselkurse

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Springer Nature
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N/A
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GTIN
9783790807806
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New
Product Description

Mit Hilfe neuer konometrischer Anstze zeigt die Arbeit die Mglichkeit und Grenzen der Erklrung und der Prognose von Wechselkursnderungen. Teil 1 liefert in kompakter Form einen berblick ber die verschiedenen theoretischen Wechselkursmodelle. Im empirischen Teil werden die Analysetraditionen konometrie und Zeitreihenanalyse kombiniert. Durch die Untersuchung auf langfristige Kointegrationsbeziehungen und die kurzfristige Dynamik lassen sich im Rahmen von VAR-Modellen Rckschlsse auf die Wechselwirkungen zwischen den Modellvariablen ziehen. Es werden die wichtigsten Wechselkurse ber den Zeitraum von 1973-1991 untersucht. Durch eine Kombination der Analyseanstze lassen sich makrokonomische Variablen konsistent auf dynamische Anpassungsprozesse und auf langfristige Gleichgewichtsbeziehungen untersuchen.

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