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- W263896985 abstract "This paper examines the short run impact of commodity prices and traditional exchange rate determinants on the exchange rates of Australia and New Zealand against the U.S. dollar. Using a multiple OLS regression we find that for both countries the commodity price variable has a significant effect on the exchange rate. We also find that inflation differentials has an effect, although positive, which suggests expectation effects. Moreover, we find that for Australia the short-term interest rate spread has a positive effect on the exchange rate,contradicting the theory." @default.
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- W263896985 date "2011-01-01" @default.
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- W263896985 title "Dynamic Short-term Exchange Rate Model for Commodity Currencies" @default.
- W263896985 hasPublicationYear "2011" @default.
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