Testing for random walk in euro exchange rates using subsampling approach

Belaire-Franch, J. and Opong, K. (2010) Testing for random walk in euro exchange rates using subsampling approach. Applied Economics Letters, (doi:10.1080/00036840902817581)

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Abstract

This study utilizes variance ratio tests based on the subsampling approach to test the behaviour of euro-based exchange rates markets. Results are mixed, although the random walk behaviour is dominant among the three major currencies namely the Japanese yen, the US dollar and the British pound.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Opong, Professor Kwaku
Authors: Belaire-Franch, J., and Opong, K.
Subjects:H Social Sciences > HF Commerce
College/School:College of Social Sciences > Adam Smith Business School > Accounting and Finance
Journal Name:Applied Economics Letters
ISSN:1350-4851
ISSN (Online):1466-4291
Published Online:19 June 2009

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