Is there a common response in Australian bilateral exchange rates following current account announcements?

Robert D. Brooks, Gabrielle E. Berman, Sinclair R. Davidson, Ting Yean Tan

Research output: Contribution to journalArticleResearchpeer-review

Abstract

A growing literature exists analysing the impact of balance on current account announcements on bilateral exchange rates. This literature typically considers and reports results for a number of bilateral exchange rates. This paper investigates whether there are distinct effects across the range of bilateral exchange rates, or alternately whether a common response carries across all the bilateral exchange rates. Our results favour a common response. JEL classification: F30.

Original languageEnglish
Pages (from-to)645-648
Number of pages4
JournalApplied Economics Letters
Volume5
Issue number10
DOIs
Publication statusPublished - 1 Jan 1998
Externally publishedYes

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