ECONOMETRIC MODELS OF THE EXCHANGE RATE

Author:

Polagnyn Dmytro, SHEI «Banking University» (1 Andreevska, Str., Kyiv, Ukraine).

Language: ukrainian

Annotation:

The essence, values and principles of formation of econometric models of economic processes research are revealed in the article. Econometric models of exchange rate definition and behavior and approaches to their classifications are considered. The expediency of using separate methods of mathematical modeling is substantiated and the characteristics of their applied character are given. It is determined that there is no adequate econometric model of exchange rate estimation due to its volatility and significant fluctuations of its influence factors.

Key words:

econometric model; exchange rate; auto-regression; adaptive model; fractal analysis

Download