Using a Theory-Consistent CVAR Scenario to Test an Exchange Rate Model Based on Imperfect Knowledge

Keyphrases

• Exchange Rate Models 100%
• Testable Hypothesis 100%
• Imperfect Knowledge 100%
• Theory-Consistent CVAR 100%
• Common Stochastic Trends 50%
• Real Exchange Rate 50%
• Long-standing Persistent 50%
• Steady-state Behavior 50%
• Exchange Rate Determination 50%
• Shock Structure 50%
• Cointegration 50%
• Knowledge-based Model 50%
• Structure State 50%

Economics, Econometrics and Finance

• Exchange Rate 100%
• Purchasing Power Parity 50%