Poland is obligated to adopt the euro after the fulfilment, inter alia, of the exchange rate criterion which requires … estimate real Polish zloty/euro equilibrium rate. Although the main goal of our analysis is to compute measures of current and …

The behavior of the dollar/euro exchange rate is modeled using a monetary model of the exchange rate. The econometric … analysis is complicated by the short sample span of actual euro data available for analysis. Hence, data on a "synthetic" euro …, is identified for the 1991M08-1999M12 period using the Johansen procedure. The model implies that the euro was …

nominal and real effective exchange rate indices of the euro. Building on the work of Buldorini et al. (2002), it shows how … developments for both the euro area as a whole and individual Member States. While the growing importance of China is reflected in … the updated trade weights of euro effective exchange rates, it appears that the increasing integration of the euro area …

At the beginning of 1999 the euro was launched as a common currency in 11 EuropeanZum Jahresbeginn 1999 wurde der Euro …

exchange rate models for the synthetic euro. Using the same data set, variable definitions and sample period offers the … ECB's small-sized euro area wide macro-economic model. In this order the approaches feature an increasing degree of … results confirm the high likelihood for the euro having been undervalued in Q4 2000, while stressing the significant empirical …

This paper presents an empirical analysis of the medium-term determinants of the euro effective exchange rate. The … the euro effective exchange rate. Assessing the existence and the extent of the over- or undervaluation of the exchange … models point unambiguously to the undervaluation of the euro in 2000, although the extent of this undervaluation largely …

central and east Europe. Bilateral nominal equilibrium exchange rates against the euro are obtained through algebraic … when these exchange rates are expressed in nominal terms against the euro …

At the beginning of 1999 the euro was launched as a common currency in 11 European countries. This paper addresses … empirically the medium to long-term forces driving the real euro-dollar exchange rate. Constructing a synthetic euro … determinants of the real euro-dollar exchange rate: the international real interest rate differential, relative prices in the …

The behavior of the dollar/euro exchange rate is modeled using a monetary model of the exchange rate. The econometric … analysis is complicated by the short sample span of actual euro data available for analysis. Hence, data on a "synthetic" euro …, is identified for the 1991M08-1999M12 period using the Johansen procedure. The model implies that the euro was …