Add to ORKGDo financial market analysts use structural economic models when forecasting exchange rates? This is the leading question analysed in this paper. In contrast to other studies we use expectations data instead of observable variables. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The economic exchange rate models included in our study are purchasing power parity, the flexible-price monetary model, the sticky-price monetary model and the Mundell-Fleming model
The main goal of this article is to provide an answer to the question: Does any-thing forecast excha...
This study examines the out-of-sample forecasting performance of models of exchange rate determinati...
Previous assessments of forecasting performance of exchange rate models have focused upon a narrow s...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
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 study compares the forecasting performance of a structural exchange rate model that combines th...
We propose a theoretical framework of exchange rate behavior where investors focus on a subset of ec...
This study compares the forecasting performance of a structural exchange rate model that combines th...
In the debate on forecasting exchange rates, critics claimed that traditional macroeconomic models c...
It is often argued that model based expectations are needed to ensure theoretical consistency of eco...
A large literature in exchange rate economics has investigated the forecasting performance of empiri...
In this research, we review the relevant literatures to discuss the predictability of foreign exchan...
The main goal of this article is to provide an answer to the question: Does any-thing forecast excha...
This study examines the out-of-sample forecasting performance of models of exchange rate determinati...
Previous assessments of forecasting performance of exchange rate models have focused upon a narrow s...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
Do financial market analysts use structural economic models when forecasting exchange rates? This is...
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 study compares the forecasting performance of a structural exchange rate model that combines th...
We propose a theoretical framework of exchange rate behavior where investors focus on a subset of ec...
This study compares the forecasting performance of a structural exchange rate model that combines th...
In the debate on forecasting exchange rates, critics claimed that traditional macroeconomic models c...
It is often argued that model based expectations are needed to ensure theoretical consistency of eco...
A large literature in exchange rate economics has investigated the forecasting performance of empiri...
In this research, we review the relevant literatures to discuss the predictability of foreign exchan...
The main goal of this article is to provide an answer to the question: Does any-thing forecast excha...
This study examines the out-of-sample forecasting performance of models of exchange rate determinati...
Previous assessments of forecasting performance of exchange rate models have focused upon a narrow s...