Similar Search Results

The impacts of global risk and US monetary policy on US Dollar exchange rates and excess currency returns

Bernoth, Kerstin; Herwartz, Helmut; Trienens, Lasse - 2023

We examine the causal relationship between US monetary policy shocks, exchange rates and currency excess returns for a sample of eight advanced countries over the period 1980M1 to 2022M11. We find that the dynamics of the US dollar exchange rate is the main driver of currency excess returns. The...

Persistent link: https://www.econbiz.de/10014305726

On the Determinants of Exchange Rate Misalignments

Saadaoui, Jamel - 2019

The literature on exchange rate misalignments is very extensive as well as the literature on exchange rate determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. As huge capital inflows have been pouring into emerging countries since the...

Persistent link: https://www.econbiz.de/10012868286

Real exchange rate dynamics in Macedonia : old wisdoms and new insights

Bogoev, Jane; Terzijan, Sultanija Bojceva; Égert, Balázs - Narodna Banka na Republika Makedonija - 2008

The ambition of this paper is to analyse real exchange rate dynamics in Macedonia relying on a highly disaggregated dataset. We complement the indirect evidence reported in Loko and Tuladhar (2005) and we provide direct evidence on the irrelevance of the Balassa-Samuelson effect for overall...

Persistent link: https://www.econbiz.de/10011622724

A New Explanation on Real Exchange Rate Misalignment Effect on Economic Growth : Evidence from Cameroon

Kuikeu, Oscar - 2011

The main aim of this contribution is to study the link between the real exchange rate misalignment and the economic growth and to show the empirical proof from the case of Cameroon. An emerging country in which the exchange rate was devalued in order to deal with the major macroeconomic...

Persistent link: https://www.econbiz.de/10014178156

On the impact of volatility on the real exchange rate : terms of trade nexus : revisiting commodity currencies

Coudert, Virginie; Couharde, Cécile; Mignon, Valérie - In: Journal of international money and finance 58 (2015), pp. 110-127

Persistent link: https://www.econbiz.de/10011478245

Exchange rates, interest rates and commodity prices

Manzur, Meher (contributor) - 2002

Persistent link: https://www.econbiz.de/10001699952

Non-linear relationship between real commodity price volatility and real effective exchange rate : the case of commodity-exporting countries

Boubakri, Salem; Guillaumin, Cyriac; Silanine, Alexandre - In: Journal of macroeconomics 60 (2019), pp. 212-228

Persistent link: https://www.econbiz.de/10012243173

Oil price fluctuations and energy commodity prices : an analysis of asymmetric effects

Thai-Ha Le; Youngho, Chang; Park, Donghyun - In: The Singapore economic review 67 (2022) 6, pp. 1811-1833

Persistent link: https://www.econbiz.de/10014240133

Real Exchange Rates and Commodity Prices

Dupont, Dominique Yves - 1996

fluctuations in real commodity prices. Increased exchange rate volatility calls for a better understanding of these relations. To … multi-country model, with world market clearing, which incorporates speculative and non-speculative demands for inventories … matters, and that supply and demand elasticities are important in determining the commodity price in world markets above and …

Persistent link: https://www.econbiz.de/10014398636

Exchange rate uncertainty and deviations from purchasing power parity : evidence from the G7 area

Arghyrou, Michael Georgiou; Gregoriou, Andros; … - 2009

Arghyrou, Gregoriou and Pourpourides (2009) argue that exchange rate uncertainty causes deviations from the law of one price. We test this hypothesis on aggregate data from the G7-area. We find that exchange rate uncertainty explains to a significant degree deviations from Purchasing Power...

Persistent link: https://www.econbiz.de/10003898776