Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10000826054
Persistent link: https://www.econbiz.de/10003351241
Persistent link: https://www.econbiz.de/10003382570
Persistent link: https://www.econbiz.de/10002980761
Persistent link: https://www.econbiz.de/10001142374
The alleged undervaluation of the renminbi has been the subject of intensive academic research over the past few years. Using equilibrium exchange rate models many authors have concluded that the renminbi is undervalued by 15 to 30% against the US dollar. Yet China has been experiencing strong...
Persistent link: https://www.econbiz.de/10013155867
The supposed undervaluation of the renminbi has been the subject of intensive academic research over the past few years. Using equilibrium exchange rate models (Purchasing Power Parity, BEER and FEER), many authors have concluded that the renminbi is undervalued by 15 to 30% against the dollar....
Persistent link: https://www.econbiz.de/10014056516
Forecasting exchange rates remains a tricky issue for economists. In spite of a theoretical consistent framework, macroeconomic models fail to beat random walk models and market expectations doesn't have any predictive power. This article addresses some problems of exchange rate macroeconomic...
Persistent link: https://www.econbiz.de/10014062157