Keywords: VAR
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Journal Articles
Journal of Asian Business and Economic Studies (2019) 26 (2): 220–237.
Published: 25 July 2019
... immediately causes the REER appreciating and then depreciating; and both the money aggregate and the interest rate strongly determine fluctuations of the REER. Originality/value The quantitative results imply that the MP affects the REER considerably. Bjornland (2009) identified the VAR model...

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