Euro-dollar real exchange rate dynamics in an estimated two-country model : what is important and what is not /
We use a Bayesian approach to estimate a standard two-country New Open Economy Macroeconomics model using data for the United States and the euro area, and we perform model comparisons to study the importance of departing from the law of one price and complete markets assumptions. Our results can be...
Call Number: | Libro Electrónico |
---|---|
Main Authors: | Rabanal, Pau (Author), Tuesta, Vicente (Author) |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
2006.
|
Series: | IMF working paper ;
WP/06/177. |
Subjects: | |
Online Access: | Texto completo |
Similar Items
-
Money market integration /
by: Bartolini, Leonardo, et al.
Published: (2006) -
The IMF's Reserves Template and Nominal Exchange Rate Volatility /
by: Gonzalez-Garcia, Jesus
Published: (2006) -
Estimating equilibrium exchange rates for Armenia and Georgia /
by: Shihābī, ʻUmar Hishām, et al.
Published: (2008) -
Cointegrated TFP Processes and International Business Cycles.
by: Tuesta, Vicente
Published: (2009) -
The role of interest rates in business cycle fluctuations in emerging market countries : the case of Thailand /
by: Tchakarov, Ivan, et al.
Published: (2006)