The author tests the neutrality of the financial and exchange markets to the real assets, by using key ratios available in KEWT 3.09, 1990-2007, as 58 country datasets by sector, and its three area on weighted average.
As a special case of currency money M2, the euro currency area (13 countries aggregated at the KEWT) after 1999 has a unique exchange rate of euro: [m.sub.k] stays at an extremely narrow range between 0.337 and 0.347.
Differences of Growth Characteristics in BRICs, Korea, and Mexico Using KEWT 1.07 by Country and by Sector, 1960-2005.
Kamiryo H (2009) Outline of Part III and Part IV in KEWT 3.09: 1990-2007.
Kamiryo H (2010a) Changes in elasticity of substitution sigma in KEWT 3.09, with seven vital aspects 58 countries and three areas by sector, 1990-2007.
Policy-oriented endogenous model and its data-sets KEWT 4.10 in equilibrium, 65p.