Template-Type: ReDIF-Article 1.0 
Author-Name: Afees A. Salisu
Author-Name:   Lukman Lasisi
Author-Name: Abeeb Olaniran
Author-Email:  adebare1@yahoo.com
Author-Workplace-Name:  Centre for Econometric & Allied Research, University of Ibadan, Nigeria
Title: Do Epidemics and Pandemics Have Predictive Content for Exchange Rate Movements? Evidence for Asian Economies
Abstract:  In this paper, we examine the predictive content of uncertainty due to pandemics and epidemics (UPE) for the exchange rate movements of selected Asian economies. Our results show evidence of superior out-of-sample predictability of a UPE-based predictive model over the benchmark model. Nonetheless, the predictability of UPE is stronger before the COVID-19 pandemic than it is after the outbreak and the resilience of the Asian economies to UPE is mixed.
Classification-JEL:  G15,I10
Keywords:  uncertainty,forecast evaluation,predictability,exchange rates
Journal:  Asian Economics Letters
Pages: 1-6
Volume: 2
Issue: 3
Year:  2021
DOI:  2021/10/06
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/23423-do-epidemics-and-pandemics-have-predictive-content-for-exchange-rate-movements-evidence-for-asian-economies.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:41