Cheung, Yin-Wong, Chinn, Menzie , Pascual, Antonio Garcia, Zhang, Yi, (2017), “Exchange rate prediction redux”, Vox Eu, 27 April
Over the past decade, advanced economy exchange rates have exhibited substantial variability, even as conventional empirical determinants – such as interest rates and inflation – have remained fairly stable. At the same, the Global Crisis was associated with unprecedented levels of risk and illiquidity, with obvious effects on financial markets. These developments call for a systematic assessment of exchange rate models.
Relevant Posts
- Marcellino, Massimiliano, Abbate, Angela, (2017), “Reducing the ucnertainty around exchange rate forecasts: A new model”, VoxEu, 4 February
- Tovar Jalles, Joao, Mulas-Granados, Carlos, Tavares, José, (2016), “Fiscal Discipline and Exchange Rates : Does Politics Matter?”, IMF Working Paper 16/230, 18 November