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U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real …A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the …
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We test for mean reversion in real exchange rates using a recently developed unit root test for non-normal processes based on quantile autoregression inference in semi-parametric and non-parametric settings. The quantile regression approach allows us to directly capture the impact of different...
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Kingdom, euro area, Japan and Canada versus the United States. A new identification strategy is proposed building on sign …
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