In this paper we extend the BEER (Behavioral Equilibrium Exchange Rate) approach which identifies an estimated … Permanent Equilibrium Exchange Rate, or PEER, for the U.S. and Canadian dollars and the pound sterling. The BEER and the PEER … pound sterling the BEER and the PEER diverge sharply, with the latter following the actual exchange rate quite closely …

This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The …

This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The …

We adopt the Jackknife Model Averaging (JMA) technique to conduct a meta-regression analysis of 925 renminbi (RMB …

Behavioral Equilibrium Exchange Rate (BEER) approach. We employ monthly data with reference to China's top 20 trading partners … US dollar and some currencies of China's main trading partners depreciated during the period of crisis. More recently …, the degree of RMB misalignment slightly declined since 2012 when the RMB proceeded to appreciate and China's ratio of …

This paper presents the results of a meta-regression analysis of empirical estimates of Renminbi misalignments … of the Renminbi. Instead, a correct evaluation of Renminbi misalignment should combine all the theoretical models of real …

In this paper, the behavioral equilibrium exchange rate (BEER) model used in a time-series setting is investigated, via … its application to the valuation of Chinese renminbi. A classical definition with its generalization is given. The … different misalignment results derived from the BEER models are proven to result from the different econometric component …

Assessing exchange rate misalignment is not an easy task. With reference to the debate on the value of China's currency …, the renminbi (RMB), this article highlights a few challenges in properly assessing the extent of currency misalignment …

The value of China's currency, the renminbi (RMB), and the conduct of China's exchange rate policy have generated …