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The existence of a numeraire currency in foreign exchange: Evidence from transaction spot rates for Japan, Germany, and the United States

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  • Herbst, Anthony F.
  • Smith, Charles L.
  • Traichal, Patrick A.

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  • Herbst, Anthony F. & Smith, Charles L. & Traichal, Patrick A., 1997. "The existence of a numeraire currency in foreign exchange: Evidence from transaction spot rates for Japan, Germany, and the United States," Global Finance Journal, Elsevier, vol. 8(2), pages 181-197.
    • Handle: RePEc:eee:glofin:v:8:y:1997:i:2:p:181-197
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    References listed on IDEAS

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    1. repec:bla:jfinan:v:44:y:1989:i:1:p:167-81 is not listed on IDEAS
    2. Schwert, G. William, 1987. "Effects of model specification on tests for unit roots in macroeconomic data," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 73-103, July.
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