Economics at your fingertips  

The Behavior of Foreign Exchange Rates – Reply

Jorge R Calderón-Rossell and Moshe Ben-Horim
Additional contact information
Jorge R Calderón-Rossell: The World Bank Group
Moshe Ben-Horim: The Hebrew University

Journal of International Business Studies, 1986, vol. 17, issue 3, 177-180

Abstract: In the preceding Comment on our JIBS paper [1], three basic claims are made:The results in [1] are contrary to those reported elsewhere. The contradiction may be due to certain weakness in the methodology employed by us.Based on a “direct approach” three currencies (out of the fourteen we analyzed) are regrouped:two (the Australian dollar, and Japanese yen) from Group III into Group I (currencies with a symmetric distribution), and one (the Italian lira) from Group III into Group II (currencies close to have a symmetric distribution except for at least 1 subperiod); andThat the arguments presented by us concerning the effects of foreign exchange management policy on exchange rates “are no longer supported by the data”.© 1986 JIBS. Journal of International Business Studies (1986) 17, 177–180

Date: 1986
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Link to full text PDF (application/pdf) Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-06-04
Handle: RePEc:pal:jintbs:v:17:y:1986:i:3:p:177-180