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Berücksichtigung rechtsvergleichender Erkenntnisse aus den USA untersucht der Autor, inwiefern die Prognoseberichterstattung im …
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We follow the behavioral equilibrium exchange rate approach by Clark and MacDonald (1998) to derive equilibrium real effective exchange rates and currency misalignments for the US and its 16 major trading partners. We apply cointegration and panel cointegration techniques to derive fully...
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