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interest rates and the rate of change of the real exchange rate. Using data for Australia, we use a real-time forecasting …
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to a large-country real interest rate and fluctuations of the real exchange rate. Using data for Australia, we test this …
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This paper elaborates on the link between financial market volatility and real economic activity. Using monthly data for Germany from 1968 to 1998, we specify GARCH models to capture the variability of stock market prices, of the real exchange rate, and of a long-term and of a short-term rate of...
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