重要事項 Import Notes

重要事項 Import Notes
修習國際金融專題學生,
請務必參見 課程網頁維護重要事項 Import Notes
Registered students MUST see the Import Notes

2015-10-15

Exchange rate and oil price: asymmetric adjustmen

Exchange rate and oil price: asymmetric adjustmen

Abstract

This article aims to investigate whether the interaction between exchange
rate and oil price exhibits asymmetric adjustment in Philippines using
quarterly data over the period 1970Q1 to 2011Q4. The Threshold
Autoregressive (TAR) model reveals that exchange rate and oil price are
not cointegrated. However, these two variables are asymmetrically adjusted
in Momentum Threshold Autoregressive (MTAR) model. Thus, it suggests
that adjustment mechanism towards equilibrium may not be necessarily
constant.

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PO 文注意事項 (Notes about your posts required for this course)

每位同學必需建立與維護 2 個網頁: (updated on 2010.9.19)
Every registered student MUST post and maintain TWO pages at this site.

1. 你的期末報告想要仿照的原始 paper 重點摘要頁, 見 [範例]
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2. 你的學習紀錄頁, 見 [範例]
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3. 記得每一頁要在頁尾處輸入你的「標籤」, 包含學號後5碼, 名字或暱稱, 和 其它你自訂的關鍵字, 例 ADF、共整合、PPP、等
When you edit your pages, be sure to write appropriate "Tags" (as many as you wish) (around the bottom of editing screen) for your posted pages to let me identify your required contributions. The tags should at least include your last 5-digit student ID and keywords about the page.

4. 請同學在你所選的 paper 加上標籤:「已選」
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5. 在你的 學習紀錄頁加上標籤:「學習記事」
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== Posted on 2009.10.05 ==
請同學在你所選的 paper 加上標籤:「已選」
在你的 學習紀錄頁加上標籤:「學習記事」