Exchange Rate – Relative Price Nonlinear Cointegration Relationship in Malaysia

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Venus Khim-Sen Liew; Chee-Keong Choong; Evan Lau; Kian-Ping Lim;
  • Journal: Economics Bulletin,volume 6,issue 11,pages1-16
  • Subject:
    • jel: jel:F3

The finding of exchange rate–relative price nonlinear cointegration relationship in Malaysia, among others, suggests that nonlinear Purchasing Power Parity (PPP) equilibrium may be regarded as reference point in judging the short run misalignment of the Ringgit curren... View more
  • References (35)
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