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Original Articles

Volatility of fundamental variables under different exchange rate system--a simple test for Hong Kong

Pages 253-258 | Published online: 04 Oct 2010

References

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  • Flood , R. P. and Rose , A. K. 1995 . Fixing exchange rates: a virtual quest for fundamentals . Journal of Monetary Economics , 36 : 5 – 37 .
  • Friedman , M. 1953 . “ The case for flexible exchange rates ” . In Essays in Positive Economics , 157 – 203 . Chicago : University of Chicago Press .
  • Meese , R. A. 1990 . Currency fluctuations in the Post-Bretton Woods era . Journal of Economic Perspectives , 4 : 117 – 131 .
  • Mendenhall , W. , Wackerly , D. D. and Scheaffer , R. L. 1990 . Mathematical Statistics with Applications, , 4th edn. , Boston : PWS-KENT Publishing Company .
  • Rose , A. K. 1996 . After the deluge: Do fixed exchange rates allow inter-temporal volatility tradeoffs? . International Journal of Finance and Economics , 1 : 47 – 54 .

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