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Prévision du taux de change dollar canadien contre dollar américain : une approche en termes de "fondamentaux"

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  • Mark P. Taylor
  • L. Bainaud

Abstract

[eng] Forecasting the Canadian-US Dollar Exchange Rate: An Approach in Terms of "Fundamentals" . by Mark P. Taylor . We develop and estimate a forecasting equation for the Canadian-US dollar exchange rate by conditioning on short-run and determinants of the exchange rate. The equation performs well compared with an equation developed by the Bank of is statistically well-determined. The model does, however, have certain Keynesian features which, at the long-run intriguing. [fre] Prévision du taux de change dollar canadien contre dollar américain : une approche en termes de "fondamentaux" . par Mark P. Taylor . Nous développons et estimons une équation de prévision pour le taux de change dollar canadien-dollar américain en conditionnant sur les déterminants de court et de long termes du taux de change. L'équation a de meilleures performances que celle développée par la Banque du Canada et a de bonnes propriétés statistiques. Cependant, le modèle présente certaines caractéristiques keynésiennes qui, dans le long terme, sont surprenantes.

Suggested Citation

  • Mark P. Taylor & L. Bainaud, 1996. "Prévision du taux de change dollar canadien contre dollar américain : une approche en termes de "fondamentaux"," Économie et Prévision, Programme National Persée, vol. 123(2), pages 45-51.
    • Handle: RePEc:prs:ecoprv:ecop_0249-4744_1996_num_123_2_5789
    DOI: 10.3406/ecop.1996.5789
    Note: DOI:10.3406/ecop.1996.5789
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    References listed on IDEAS

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