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Forecasting the nominal exchange rate movements in a changing world : the case of the US and the UK

Promponas, Pantelis; Peel, David - 2016

Persistent link: https://www.econbiz.de/10012177410

Exchange rate parities and taylor rule deviations

Anderl, Christina; Caporale, Guglielmo Maria - 2021

This paper investigates the PPP and UIP conditions by taking into account possible nonlinearities as well as the role … follows. First, the nonlinear specification provides much stronger evidence for the PPP and UIP conditions, the estimated … exchange rate from the PPP- and UIP-implied equilibrium. …

Persistent link: https://www.econbiz.de/10012491545

Exchange rate parities and Taylor rule deviations

Anderl, Christina; Caporale, Guglielmo Maria - In: Empirical economics : a quarterly journal of the … 63 (2022) 4, pp. 1809-1835

Persistent link: https://www.econbiz.de/10013440437

Foreign exchange controls, fiscal and monetary policy, and the black market premium

Fardmanesh, Mohsen; Douglas, Seymour - 2003

This paper examines the relationship between the official and parallel exchange rates, in three Caribbean countries, Guyana, Jamaica and Trinidad, during the 1985-1993 period using cointegration, Granger causality, and reduced form methods. The official and parallel rates are cointegrated in all...

Persistent link: https://www.econbiz.de/10011609644

Noise trading and delayed exchange rate overshooting

Pierdzioch, Christian - In: Journal of economic behavior & organization : JEBO 58 (2005) 1, pp. 133-156

Persistent link: https://www.econbiz.de/10003137739

Noise trading and the effects of monetary policy shocks on nominal and real exchange rates

Pierdzioch, Christian (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001749058

Noise trading and the effects of monetary policy shocks on nominal and real exchange rates

Pierdzioch, Christian - 2003

A number of empirical studies have reported the result that exchange rates show a delayed overshooting in response to monetary policy shocks. This result is puzzling. Economic theory suggests that the overshooting should occur immediately after the shock, not with a delay. This paper uses a ?new...