| dc.contributor.author | Lumowa, David Abel George | |
| dc.date.accessioned | 2024-04-30T01:16:25Z | |
| dc.date.available | 2024-04-30T01:16:25Z | |
| dc.date.issued | 2020-01 | |
| dc.identifier.uri | https://dspace.aiias.edu/xmlui/handle/3442/544 | |
| dc.description | Unpublished Dissertation (PhD Business) Shelf Location: HG3823 .L85 2020 ATDC | en_US |
| dc.description.abstract | Governments and businesses are increasingly aware of the effects that exchange
rate movements can have on the economic state of the country and the profitability of
businesses. A need to better predict exchange rate movements is in demand. By using
structural path analysis, this study developed a prediction model of the exchange rate
movement. Using data of the Japanese and US economies from 1973 to 2017, this study
found that percentage change in GDP differential, the percentage change in the log of M2
differential, real interest rate differential, and inflation rate differential to be determinants
of exchange rate movements between the two countries. Furthermore, the resulting
structural path model was able to explain 91% of the variation in the JPY/USD exchange
rate movements. | en_US |
| dc.language.iso | en_US | en_US |
| dc.publisher | Adventist International Institute of Advanced Studies | en_US |
| dc.subject | Dissertations, Academic. | en_US |
| dc.subject | Foreign exchange rates. | en_US |
| dc.subject | Exchange rate pass-through -- Econometric models. | en_US |
| dc.subject | Foreign exchange rates -- Econometric models. | en_US |
| dc.title | Path analysis of exchange rate movement | en_US |
| dc.type | Dissertation | en_US |
