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Preliminary communication

EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001

Tihomir Janjiček ; Department of Economics and Business Economics, University of Dubrovnik

Fulltext: english, pdf (281 KB) pages 157-176 downloads: 619* cite
APA 6th Edition
Janjiček, T. (2008). EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001. Ekonomska misao i praksa, (2), 157-176. Retrieved from https://hrcak.srce.hr/32550
MLA 8th Edition
Janjiček, Tihomir. "EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001." Ekonomska misao i praksa, vol. , no. 2, 2008, pp. 157-176. https://hrcak.srce.hr/32550. Accessed 18 Jun. 2021.
Chicago 17th Edition
Janjiček, Tihomir. "EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001." Ekonomska misao i praksa , no. 2 (2008): 157-176. https://hrcak.srce.hr/32550
Harvard
Janjiček, T. (2008). 'EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001', Ekonomska misao i praksa, (2), pp. 157-176. Available at: https://hrcak.srce.hr/32550 (Accessed 18 June 2021)
Vancouver
Janjiček T. EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001. Ekonomska misao i praksa [Internet]. 2008 [cited 2021 June 18];(2):157-176. Available from: https://hrcak.srce.hr/32550
IEEE
T. Janjiček, "EXCHANGE RATE MOVEMENTS FROM 1961 TO 2001", Ekonomska misao i praksa, vol., no. 2, pp. 157-176, 2008. [Online]. Available: https://hrcak.srce.hr/32550. [Accessed: 18 June 2021]

Abstracts
In this research I have tried to discover the relations between marginal utility on the one hand and government expenditure, real money balances and external habit on the other hand. I took two approaches one with exogenously missing markets but an endogenous discount rate, where anchors the distribution of wealth and one with endogenous market segmentation. No one of these approaches did not satisfied the theory and over identifying restrictions for every country. Only the utility with external habit persistence had the best match with real exchange rates for OECD countries between 1961 and 2001.

Keywords
exhange rate; marginal utility; government expenditure

Hrčak ID: 32550

URI
https://hrcak.srce.hr/32550

[croatian]

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