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Cyclical components and dual long memory in the foreign exchange rate dynamics: the Tunisian case

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  • Rania Jammazi
  • Chaker Aloui

Abstract

The purpose of this paper is to question the traditional conventional view on the exchange rate targeting that real shocks have

Suggested Citation

  • Rania Jammazi & Chaker Aloui, 2014. "Cyclical components and dual long memory in the foreign exchange rate dynamics: the Tunisian case," Working Papers 2014-198, Department of Research, Ipag Business School.
    • Handle: RePEc:ipg:wpaper:2014-198
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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_198.pdf
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    More about this item

    Keywords

    exchange rates; time series decomposition; HML test; dual long memory.;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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