exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … 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 …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … 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 …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … 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 …

cointegration vector that is consistent with the triangular arbitrage condition. In a first step, it is theoretically derived under … which conditions,with respect to the process of the fundamentals, the exchange rates are cointegrated. The empirical results … yield that periods of strong comovements of the US dollar and Pound sterling based upon the Euro prevail during the 1990s …

fundamentals underlying the behavior of the real exchange rate. Panel cointegration techniques allow for the extraction, using an … fundamentals since then, the slide during 1999 has widened the misalignment. Since 1998, the equilibrium rate of the euro has …This paper attempts to measure the degree of misalignment of the euro - in particular against the dollar - by …

co-integrating relationship between the nominal exchange rate and monetary fundamentals forms the basis of the monetary … co-integration tests and the studies on South Africa primarily using short-span data from the post-Bretton Woods era, we … Dollar using annual data from 1910 – 2010. The results provide some support for the monetary model in that long-run co-integration …

using cointegration approach, unobserved component model and structural vector autoregression (SVAR). The paper uses these …

superior out-of-sample forecast performance versus a random walk model …