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In this paper we analyze the adjustment dynamics of the euro-dollar real exchange rate towards one of the most relevant … fundamentals: relative productivity. Using testing and estimation non-linear procedures for ESTAR models for the period 1970 …
Persistent link: https://www.econbiz.de/10014071788
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EU countries, vis a vis the US dollar, before and after the advent of the euro. Standard as well as nonlinear unit root …
Persistent link: https://www.econbiz.de/10008669943
At the beginning of 1999 the euro was launched as a common currency in 11 EuropeanZum Jahresbeginn 1999 wurde der Euro …
Persistent link: https://www.econbiz.de/10012991312
At the beginning of 1999 the euro was launched as a common currency in 11 European countries. This paper addresses … empirically the medium to long-term forces driving the real euro-dollar exchange rate. Constructing a synthetic euro … determinants of the real euro-dollar exchange rate: the international real interest rate differential, relative prices in the …
Persistent link: https://www.econbiz.de/10014155568
This special feature explores the extent to which transatlantic M&A deals are associated with movements in the dollar/euro …
Persistent link: https://www.econbiz.de/10013095642
is provided by a productivity-based model of the real value of the euro. Some panel regression estimates of the …The behavior of the dollar/euro exchange rate is modeled using a monetary model of the exchange rate. The econometric … analysis is complicated by the short sample span of actual euro data available for analysis. Hence, data on a "synthetic" euro …
Persistent link: https://www.econbiz.de/10009583879
is provided by a productivity-based model of the real value of the euro. Some panel regression estimates of the …The behavior of the dollar/euro exchange rate is modeled using a monetary model of the exchange rate. The econometric … analysis is complicated by the short sample span of actual euro data available for analysis. Hence, data on a "synthetic" euro …
Persistent link: https://www.econbiz.de/10014148770
euro area suggests that productivity can account for much of the change in the external value of the dollar over the past …The continuing strength of the dollar has fueled interest in the relationship between productivity and exchange rates …. An analysis of the link between the dollar's movements and productivity developments in the United States, Japan, and the …
Persistent link: https://www.econbiz.de/10014065299
Persistent link: https://www.econbiz.de/10002028835