Revue d'économie et de statistique appliquée
Volume 12, Numéro 2, Pages 540-550
This article describes the procedures of breaks test developed recently and provides an application of these tests to the euro-dollar exchange rate. In particular, in these tests, the dates and the number of breaks in the exchange rate are not assumed to be a priori known and are endogenously determined by a statistical procedure. The tests on the exchange rate are conducted over the period 01/1999-05/2015. The results reveal that three significant breaks have accorded, namely, in 07 /2002, 04/ 2007 and 02/ 2011.
Euro-dollar exchange rates, breaks dates, number of breaks
Bensafta Kamel Malik
Si Mohammed Kamel
بن يحي يحي