REAL EXCHANGE RATES AND REAL INTEREST DIFFERENTIALS: THE CASE OF A TRANSITIONAL ECONOMY - CAMBODIA

被引：0

作者：

Tang, Tuck-Cheong ^{[1
]}

机构：

[1] Monash Univ Sunway Campus, Subang Jaya, Malaysia

来源：

INTERNATIONAL JOURNAL OF BUSINESS AND SOCIETY | 2011年 / 12卷 / 02期

关键词：

Cambodia; Real exchange rates; Real interest differentials;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the existence of long-run equilibrium relationship between the Cambodia's real exchange rates and real interest differentials. The results of cointegration tests (i.e. Engle-Granger tests, and Johansen's multivariate tests without and with structural breaks) show that these variables are cointegrated over the sample period of November 1994 - August 2009. This empirical finding illustrates the fundamental understanding of the role of real interest differential in determining real exchange rates in Cambodia, and it is useful for policy considerations.

引用

页码：101 / 108

页数：8

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