This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The … estimation is based on a commonly used economic approach, but with a wider and more up-to-date coverage of data and a more … importantly, our estimates demonstrate that there is no significant undervaluation in the REER of the RMB though downward …

Japanese yen, Deutsche mark, Singapore dollar and Taiwan dollar, with regard to the recent dispute over the Renminbi (RMB … result in currency misalignment, and the recent misalignment of RMB is not unprecedented in terms of magnitude, duration or … currency coverage, whereas volatility in REER misalignment is likely to propagate to inflation of the home economy concerned …

evidence for the existence of "energy currencies". Relying on the estimation of panel smooth transition regression (PSTR …