Modelling foreign exchange rates: A comparison between Markov-switching and Markov-switching GARCH
Foreign exchange rate is important as it determines a country's economic condition. It is used to carry out transfers of purchasing power between two or more countries. Volatility in exchange rates may result in difficulty in decision making especially, in financial sectors as high volatility c...
| Published in: | Indonesian Journal of Electrical Engineering and Computer Science |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
Institute of Advanced Engineering and Science
2020
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85100313430&doi=10.11591%2fijeecs.v20.i2.pp917-923&partnerID=40&md5=7ff8f02a71f20b39f45fa980a1aebb90 |