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Exchange Rates in South America's Emerging Markets
- Binding:
- Paperback
- Pages:
- 75
- Published:
- July 16, 2020
- Dimensions:
- 228x152x8 mm.
- Weight:
- 162 g.
Delivery:
1-2 weeks
Expected delivery: October 13, 2024
Description of Exchange Rates in South America's Emerging Markets
Compares structural and Bayesian models to the random walk benchmark in forecasting exchange rates between South American currencies and the US Dollar, and between the Paraguayan Guarani, Brazilian Real and Argentinian Peso. Forecasts are evaluated using the criteria of Root Mean Square Error, Direction of Change, and the Diebold-Mariano statistic.
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