Castillo-Maldonado, Carlos Eduardo; Pérez-Macal, Fidel - In: Journal of Applied Economics XVI (2013) May, pp. 71-99
Based on Cheung, Chinn and García-Pascual (2004) and Meese and Rogoff (1983), the forecasting performance of a wide variety of theoretical and empirical exchange rate models (PPP, UIP, flexible and sticky-price monetary models, portfolio balance, and a BEER model) is tested against the random...
