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- W2476562403 abstract "By employing maximum likelihodd inferences, we show that the documented cointegration among the seven major U.S. Dollar exchange rates is due to the influence of the exchange rate mechanism of the EMS. We find that non-EMS currencies neither participate nor are influenced by cointegration. The results suggest opportunities to forecast and cross-hedge for foreign exchange risk management." @default.
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- W2476562403 date "2008-12-12" @default.
- W2476562403 modified "2023-09-26" @default.
- W2476562403 title "The Impact of the EMS on Exchange Rate Predictability" @default.
- W2476562403 hasPublicationYear "2008" @default.
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