X hits on this document

PDF document

Exchange Rate Pegs and Foreign Exchange Exposure in East and South East Asia - page 22 / 33

118 views

0 shares

0 downloads

0 comments

22 / 33

(1)

(2)

(3)

(4)

(5)

(6)

(7)

Hong Kong

--

15

30

0

27

.74

33

Indonesia

54

16

8

1

41

.53

100

Japan

30

7

--

0

26

.69

100

Korea

76

3

6

1

68

.28

100

Malaysia

61

3

13

0

49

.31

98

Philippines

58

3

9

3

42

.31

33

Singapore

47

7

31

2

44

.95

45

Taiwan

41

27

2

12

37

.59

100

Thailand

3

1

5

11

19

.56

100

Australia

9

10

7

8

13

.27

100

New Zealand

10

5

5

0

13

.57

40

t s , £ £ + E

  • +

    ui,t

Notes: Observations are taken weekly from January 1990, to March 2002.

Median R 2

  • #

    of

firms

Table 2: Residual Foreign Exchange Exposure

t t e u r o e u r o t U S U S t w w t h h t i s s s r r r , ¥ ¥ , $ , $ , , 0 , + + + + + = E E E J J J

0

Percent of firms rejecting: H0: ȕj=0 at the 5% level

j=

US$

¥

£

H 0 : j j E

Document info
Document views118
Page views123
Page last viewedSat Dec 03 05:07:09 UTC 2016
Pages33
Paragraphs680
Words5041

Comments