References
- Bayoumi , T and Eichengreen , B . 1992 . Shocking aspects of European Monetary Unification , National Bureau of Economic Research Working Paper No. 3949
- Bayoumi , T and Taylor , MP . 1995 . Macroeconomic shocks, the ERM and tri-polarity . Review of Economics and Statistics , 77 : 321 – 33 .
- Blanchard , O and Quah , D . 1989 . The dynamic effects of aggregate demand and supply disturbances . American Economic Review , 79 : 655 – 73 .
- Chowdhury , IS . 2004 . Sources of exchange rate fluctuations: empirical evidence from six emerging market countries . Applied Financial Economics , 14 : 697 – 705 .
- Clarida , RH and Gali , J . 1994 . Sources of real exchange rate fluctuations: how important are nominal shocks? , National Bureau of Economic Research Working Paper No. 4658
- Clarida , RH and Taylor , MP . 2003 . Nonlinear permanent-temporary decompositions in macroeconomics and finance . Economic Journal , 113 : 125 – 39 .
- Dickey , DA and Fuller , WA . 1979 . Distribution of the estimators for autoregressive time series with a unit root . Journal of the American Statistical Association , 74 : 427 – 31 .
- Enders , W and Lee , BS . 1997 . Accounting for real and nominal exchange rate movements in the post-Bretton Woods period . Journal of International Money and Finance , 16 : 233 – 54 .
- Farrant , K and Peersman , G . 2006 . Is the exchange rate a shock absorber or a source of shocks? New empirical evidence . Journal of Money, Credit and Banking , 38 : 939 – 61 .
- Lastrapes , WD . 1992 . Sources of fluctuations in real and nominal exchange rates . Review of Economics and Statistics , 74 : 530 – 9 .
- Rogers , JH . 1999 . Monetary shocks and real exchange rates . Journal of International Economics , 49 : 269 – 88 .
- Sarno , L , Taylor , MP and Chowdhury , I . 2004 . Nonlinear dynamics in deviations from the law of one price: a broad-based empirical study . Journal of International Money and Finance , 23 : 1 – 25 .
- Taylor , MP . 2006 . Real exchange rates and purchasing power parity: mean-reversion in economic thought . Applied Financial Economics , 16 : 1 – 17 .