期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2010
卷号：1
出版社：Monash University
摘要：This study examines the existence of long-run equilibrium relationship between the
Cambodia’s real exchange rates and real interest differentials. The results of cointegration
tests (i.e. Engle-Granger tests, and Johansen’s multivariate tests without and with structural
breaks) show that these variables are cointegrated over the sample period of November 1994 -
August 2009. This empirical finding illustrates the fundamental understanding of the role of
real interest differential in determining real exchange rates in Cambodia, and it is useful for
policy considerations.
关键词：Cambodia; Real exchange rates; Real interest differentials
