Add to ORKGThis paper examines both the in-sample and out-of-sample performance of three monetary fundamental models of exchange rates and compares their out-of-sample performance to that of a simple Random Walk model. Using a data-set consisting of five currencies at monthly frequency over the period January 1980 to December 2009 and a battery of newly developed performance measures, the paper shows that monetary models do better (in-sample and out-of- sample forecasting) than a simple Random Walk model
This article provides a comprehensive review of the economic models and benchmarks Random work model...
We reassess exchange rate prediction using a wider set of models that have been proposed in the last...
We revisit the dramatic failure of monetary models in explaining exchange rate movements. Using the ...
This paper examines both the in-sample and out-of-sample performance of three monetary fundamental ...
Three alternative monetary models of exchange rate are tested using data on the Italian lira - US do...
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models...
It is demonstrated that the monetary model of exchange rates is better than the random walk in out-o...
Three alternative monetary models of exchange rate are tested using data on the Italian lira-US doll...
This paper sought to address the question as to whether the exchange rate can be forecasted more acc...
This study examines the out-of-sample forecasting performance of models of exchange rate determinati...
Standard models of exchange rates, based on macroeconomic variables such as prices, interest rates, ...
Standard models of exchange rates, based on macroeconomic variables such as prices, interest rates, ...
This chapter provides a comprehensive review of the statistical and economic methods used for evalua...
This paper seeks to compare the exchange rate predictability of economic fundamental models, includi...
This study compares the out-of-sample forecasting performance of single-equation monetary exchange r...
This article provides a comprehensive review of the economic models and benchmarks Random work model...
We reassess exchange rate prediction using a wider set of models that have been proposed in the last...
We revisit the dramatic failure of monetary models in explaining exchange rate movements. Using the ...
This paper examines both the in-sample and out-of-sample performance of three monetary fundamental ...
Three alternative monetary models of exchange rate are tested using data on the Italian lira - US do...
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models...
It is demonstrated that the monetary model of exchange rates is better than the random walk in out-o...
Three alternative monetary models of exchange rate are tested using data on the Italian lira-US doll...
This paper sought to address the question as to whether the exchange rate can be forecasted more acc...
This study examines the out-of-sample forecasting performance of models of exchange rate determinati...
Standard models of exchange rates, based on macroeconomic variables such as prices, interest rates, ...
Standard models of exchange rates, based on macroeconomic variables such as prices, interest rates, ...
This chapter provides a comprehensive review of the statistical and economic methods used for evalua...
This paper seeks to compare the exchange rate predictability of economic fundamental models, includi...
This study compares the out-of-sample forecasting performance of single-equation monetary exchange r...
This article provides a comprehensive review of the economic models and benchmarks Random work model...
We reassess exchange rate prediction using a wider set of models that have been proposed in the last...
We revisit the dramatic failure of monetary models in explaining exchange rate movements. Using the ...