Federici, Daniela; Gandolfo, Giancarlo - 2001
of the euro/dollar real exchange rate. Given this value, one could then give a precise meaning to the notion of … undervaluation or overvaluation of the euro, and calculate its misalignment. The problem however arises of how to assess the …. This of course is not (yet) possible for the euro, so that all the calculations of misalignment of the euro that have been …
