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Monetary policy and the predictability of nominal exchange rates

Eichenbaum, Martin S.; Johannsen, Benjamin K.; Rebelo, … - 2017

Persistent link: https://www.econbiz.de/10011618959

Monetary policy and the predictability of nominal exchange rates

Eichenbaum, Martin S.; Johannsen, Benjamin K.; Rebelo, … - 2017

Persistent link: https://www.econbiz.de/10011708671

Monetary policy and the predictability of nominal exchange rates

Eichenbaum, M. S.; Johannsen, B. K.; Rebelo, S. T. - In: The review of economic studies : RES 88 (2021) 1, pp. 192-228

Persistent link: https://www.econbiz.de/10012434762

Fundamental determinants of exchange rate expectations

Beckmann, Joscha; Czudaj, Robert - 2020

This paper provides a new perspective on the exchange rate disconnect puzzle by referring to the expectations building mechanism in foreign exchange markets. Therefore, we analyze the role of expectations regarding macroeconomic fundamentals for expected exchange rate changes. In doing so, we...

Persistent link: https://www.econbiz.de/10012435503

Forecasting Exchange Rates and Relative Prices with the Hamburger Standard : Is What You Want What You Get With McParity?

Cumby, Robert E. - 1996

provide useful information for forecasting exchange rates. After accounting for currency-specific constants, a 10 percent …. Finally, deviations from relative Big Mac parity seem to be helpful in forecasting relative local currency prices. When the U ….S. dollar price of Big Macs is high in a country, the relative local currency price of Big Macs in that country is likely to …

Persistent link: https://www.econbiz.de/10012473167

The relevance of the monetary model for the Euro/USD exchange rate determination : a long run perspective

Georgoutsos, Demetris A.; Kouretas, Georgios P. - In: Open economies review 28 (2017) 5, pp. 989-1010

Persistent link: https://www.econbiz.de/10011804530

Monetary Policy and the Predictability of Nominal Exchange Rates

Eichenbaum, Martin - 2017

This paper studies how the monetary policy regime affects the relative importance of nominal exchange rates and inflation rates in shaping the response of real exchange rates to shocks. We document two facts about countries with floating exchange rates where monetary policy controls inflation...

Persistent link: https://www.econbiz.de/10012455523

Predictive power of U.S. macroeconomic factors for the dollar/won real exchange rate

Behera, Sarthak; Kim, Hyeongwoo; Kim, Soohyon - 2024

Persistent link: https://www.econbiz.de/10014514179

Monetary Policy and the Predictability of Nominal Exchange Rates

Eichenbaum, Martin; Johannsen, Benjamin K.; Rebelo, … - 2017

This paper documents two facts about countries with floating exchange rates where monetary policy controls inflation using a short-term interest rate. First, the current real exchange rate predicts future changes in the nominal exchange rate at horizons greater than two years both in sample and...

Persistent link: https://www.econbiz.de/10014121933

Predictability and forecasting performance of major euro exchange rates using a relative PPP-based equilibrium model

Grossmann, Axel; Simpson, Marc W. - In: Research in international business and finance 66 (2023), pp. 1-35

Persistent link: https://www.econbiz.de/10014462207