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- W3140930595 abstract "This paper examines the source of exchange rate fluctuations in Thailand. We employed a structural vector auto-regression (SVAR) model with the long-run neutrality restriction of Blanchard and Quah (1989) to investigate the changes in real and nominal exchange rates from 1994 to 2015. In this paper, we assume that there are two types of shocks which related to exchange rate movements: real shocks and nominal shocks. The empirical analysis indicates that real shocks are the fundamental component in driving real and nominal exchange rate fluctuations." @default.
- W3140930595 created "2021-04-13" @default.
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- W3140930595 date "2015-01-01" @default.
- W3140930595 modified "2023-09-23" @default.
- W3140930595 title "The source of real and nominal exchange rate fluctuations in Thailand: Real shock or nominal shock" @default.
- W3140930595 hasPublicationYear "2015" @default.
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