Add to ORKGWe analyze and quantify the interdependence of real effective exchange rates while considering the regional location of countries. More specifically, using the dynamic hierarchical factor model (Moench et al 2011), we decompose exchange rate movements into worldwide and two regional factors as well as country-specific elements. Then we provide evidence that a substantial proportion of variation in the exchange rates is country-specific
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...
Based on an behavioral equilibrium exchange rate model, this paper examines the determinants of the ...
This paper investigates the impact of multilateral trade linkages on bilateral real exchange rate vo...
We analyze and quantify co-movements in real effective exchange rates while considering the regional...
In order to differentiate between commonality and heterogeneity in real effective exchange rates, wh...
Using the Bayesian factor model, we decompose movements in real effective exchange rates, which can ...
This paper revisits the nexus between real effective exchange rate (REER) and total factor productiv...
This study aims to compare two different methodologies of calculating exchange rate misalignment and...
V irtually every theoretical model of exchange rates predicts that the realexchange rate between two...
We combine some newly developed panel co-integration techniques and common factor analysis to analyz...
Models of risk-sharing predict that relative consumption growth rates across locations should be pos...
I use a multi-country general equilibrium trade model to illustrate how asymmetric relations between...
We examine the implications of a regional, fixed exchange rate regime for global exchange rate volat...
Abstract Exchange rates are important macroeconomic prices and changes in these rates affect economi...
In this paper we study two long-standing puzzles in the International Finance lit-erature: the fact ...
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...
Based on an behavioral equilibrium exchange rate model, this paper examines the determinants of the ...
This paper investigates the impact of multilateral trade linkages on bilateral real exchange rate vo...
We analyze and quantify co-movements in real effective exchange rates while considering the regional...
In order to differentiate between commonality and heterogeneity in real effective exchange rates, wh...
Using the Bayesian factor model, we decompose movements in real effective exchange rates, which can ...
This paper revisits the nexus between real effective exchange rate (REER) and total factor productiv...
This study aims to compare two different methodologies of calculating exchange rate misalignment and...
V irtually every theoretical model of exchange rates predicts that the realexchange rate between two...
We combine some newly developed panel co-integration techniques and common factor analysis to analyz...
Models of risk-sharing predict that relative consumption growth rates across locations should be pos...
I use a multi-country general equilibrium trade model to illustrate how asymmetric relations between...
We examine the implications of a regional, fixed exchange rate regime for global exchange rate volat...
Abstract Exchange rates are important macroeconomic prices and changes in these rates affect economi...
In this paper we study two long-standing puzzles in the International Finance lit-erature: the fact ...
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...
Based on an behavioral equilibrium exchange rate model, this paper examines the determinants of the ...
This paper investigates the impact of multilateral trade linkages on bilateral real exchange rate vo...