The approach begins by estimating a reduced form equation that explains the stochastic process of the REER over the period. The reduced form equation can be specified as:
The approach begins by estimating a reduced form equation that explains the stochastic process of the REER over the period. The reduced form equation can be specified as:
The approach begins by estimating a reduced form equation explains the stochastic process mà of the REER over the period. The reduced form equation can đưa as: