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英文文献：The determinants of the realexchange rate in Zambia-赞比亚实际汇率的决定因素
英文文献作者：Kombe Oswald Mungule
英文文献摘要：
This paper attempts to explain the movements of Zambia’s real effective exchange rateusing a vector error correction model and quarterly time series data between 1973 and1997. The study results are similar to most studies about the nature of the determinants ofthe real exchange rate. Through the use of purchasing power parity tests, impulse responseand variance decomposition functions, the study indicates that Zambia’s real effectiveexchange rate depends significantly on the prevailing real fundamentals, price differentialsand real shocks
本文试图用向量误差修正模型和1973年至1997年的季度时间序列数据来解释赞比亚实际有效汇率的变动。研究结果与大多数关于实际汇率决定因素性质的研究相似。通过使用购买力平价检验、脉冲响应和方差分解函数，研究表明，赞比亚的实际有效汇率在很大程度上取决于当前的实际基本面、价格差异和实际冲击
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