We evaluate studies of the "equilibrium" value of the real euro. We ask: how can one explain the medium to longer run … movements in the synthetic Euro? We compare the results derived from a statistical/atheoretic approach with those based upon a … synthetic euro within a consistent theoretical framework. Uncovered real long term interest rate parity helps to explain …

The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium … trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by … transitory factors in affecting the value of the euro? (#4) Is the euro currently undervalued, and by what criteria? Our …

The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium … trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by … transitory factors in affecting the value of the euro? (#4) Is the euro currently undervalued, and by what criteria? Our …

of the euro/dollar real exchange rate. Given this value, one could then give a precise meaning to the notion of … undervaluation or overvaluation of the euro, and calculate its misalignment. The problem however arises of how to assess the …. This of course is not (yet) possible for the euro, so that all the calculations of misalignment of the euro that have been …

Poland is obligated to adopt the euro after the fulfilment, inter alia, of the exchange rate criterion which requires … estimate real Polish zloty/euro equilibrium rate. Although the main goal of our analysis is to compute measures of current and …

of the euro/dollar real exchange rate. Given this value, one could then give a precise meaning to the notion of … undervaluation or overvaluation of the euro, and calculate its misalignment. The problem however arises of how to assess the … calculations. This of course is not (yet) possible for the euro, so that all the calculations of the misalignment of the euro that …

The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium … trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by … transitory factors in affecting the value of the euro? (#4) Is the euro currently undervalued, and by what criteria? Our …