Yemba, Boniface; Otunuga, Olesegun Michael; Tang, Biyan; … - 2022
This paper nowcasts the Euro-Dollar short-run exchange rate by using a MF-TVP-FAVAR model.We adopt a flexible modelling approach that adjusts for structuralbreaks in the data and money demand instability; it also prevents information loss due to variablesbeing quoted at mixed frequencies. We...