Abstract
The choice of an exchange rate model depends on the empirical relevance and its suitability as well as the nature and choice of the underlying exchange rate regime. Modeling exercises in the previous chapters show that market models do not fit well into the Indonesian data, while the shadow price model has some normative application.
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© 2007 M. Rusydi and Sardar M.N. Islam
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Rusydi, M., Islam, S.M.N. (2007). Policy Regime Choice and Implications. In: Quantitative Exchange Rate Economics in Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1057/9780230592483_7
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DOI: https://doi.org/10.1057/9780230592483_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-28151-0
Online ISBN: 978-0-230-59248-3
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