Date of Award
Program or Major
Doctor of Philosophy
Michael D Goldberg
The present dissertation is a theoretical and empirical investigation regarding the existence of a long-run relationship between exchange rates and prices. It develops a unified approach to test for mean reversion of exchange rates and prices, bringing together the disequilibrium view and the long-run real exchange rate literatures in such a way that not only exchange rates and relative prices are considered, but also the role played by real factors in explaining long-run behavior of exchange rates and prices. In chapters 2 and 3 we developed some empirical tests for mean reversion of exchange rates and prices for OECD and Latin American countries from 1957 to 1997, while in chapter 4 we have restricted our attention to the floating period for selected OECD countries when we have included some real factors into the analysis.
Vieira, Flavio Vilela, "A unified approach to testing for mean reversion of exchange rates and prices: The OECD and Latin American cases" (2002). Doctoral Dissertations. 83.