mechanism in foreign exchange markets. We analyze the role of expectations regarding macroeconomic fundamentals for expected … expectations regarding GDP growth, inflation, interest rates, and current accounts. Our empirical findings show that fundamentals … attention to expected fundamentals. Finally, we also observe that incorporating expected fundamentals tends to reduce forecast …

mechanism in foreign exchange markets. Therefore, we analyze the role of expectations regarding macroeconomic fundamentals for … fundamentals, which is not fully consistent with traditional fundamentals models. We especially highlight the relevance of the PPP …

among fundamentals and exchange rates since the breakdown of Bretton Woods. Second, there are no recurring regimes, i ….e. across different regimes either the coefficient values for the same fundamentals differ or the significance differs. Third …, there is no regime in which no fundamentals enter. Fourth, the deviations resulting from the stepwise cointegrating …

rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the …

fundamentals of safe haven currencies are. We analyse a large panel of 52 currencies in advanced and emerging countries over almost …

among fundamentals and exchange rates since the breakdown of BrettonWoods. Second, there are no recurring regimes, i ….e. across different regimes either the coefficient values for the same fundamentals differ or the significance differs. Third …, there is no regime in which no fundamentals enter. Fourth, the deviations resulting from the stepwise cointegrating …