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Segmentation analysis on a multivariate time series of the foreign exchange rates
finite multivariate Gaussian mixture Jensen-Shannon divergence variance-covariance matrix cross-sectional analysis
2012/6/2
This study considers the multivariate segmentation procedure under the assumption of the multivariate Gaussian mixture. Jensen-Shannon divergence between two multivariate Gaussian distributions is emp...
Foreign Capital Inflows and the Real Exchange Rate in Sub-Saharan Africa
Capital inflows real exchange rates Sub-Saharan Africa
2010/9/7
This paper presents a short-run dynamic panel model for the relationship between aggregate net foreign capital transfers and the real exchange rate in twenty-four Sub-Saharan African countries. The re...