英文文献:Exchange Rates In International Commodity Models: The Common Currency Question Revisited
英文文献作者:Meyers, William H.
英文文献摘要:
This paper clarifies the difference between estimating supply and demand equations for individual countries in national currencies or converting to common currency prior to estimation. The appropriate procedure for a pooled cross-country time-series estimation model depends upon the cross-sectional constraints and whether nominal or real values are used.


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