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The Monetary Model of Exchange Rates and Cointegration
These notes draw from the Theory of Cointegration in order to test the monetary model of exchange rate determination. Previous evidence shows that the monetary model does not capture the short run dynamics of the exchange rate, specially when assessed in terms of forecasting accuracy. Even though the monetary equations of exchange rate determination may be bad indicators of how exchange rates are determined in the short run, they couldstill describe long run equilibrium relationships between the exchange rate and its fundamentals. Stationary deviations from those long run relationships are allowed in the short run. This book also addresses severalissues on Cointegration. Chapter 6 studies the small sample distribution of the likelihood ratio test statistics (on the dimension and restrictions on the cointegrating space) under deviations from normality. This monograph also focuses on the issue of optimal prediction in partially nonstationary multivariate time series models. In particular, it caries out an exchange rate prediction exercise.
Text, Speech and Dialogue
This book constitutes the refereed proceedings of the 6th International Conference on Text, Speech and Dialogue, TSD 2003, held in Ceské Budejovice, Czech Republic in September 2003. The 60 revised full papers presented together with 2 invited contributions were carefully reviewed and selected from 121 submissions. The papers present a wealth of state-of-the-art research and development results in the field of natural language processing with an emphasis on text, speech, and spoken language ranging from theoretical and methodological issues to applications in various fields, such as web information retrieval, the semantic web, algorithmic learning, and dialogue systems.
Index Medicus
Vols. for 1963- include as pt. 2 of the Jan. issue: Medical subject headings.
