The euro/dollar equilibrium real exchange rate: A continuous time approach

被引：0

作者：

Belloc, Marianna ^{[1
]}

Federici, Daniela ^{[2
]}

Gandolfo, Giancarlo ^{[1
]}

机构：

[1] Univ Roma La Sapienza, Dipartimento Econ Pubbl, Fac Econ, I-00161 Rome, Italy

[2] Univ Cassino, Fac Econ, I-03043 Cassino, Italy

来源：

ECONOMIA POLITICA | 2008年 / 25卷 / 02期

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper analyses and compares different empirical approaches to the euro/dollar real equilibrium exchange rate. We first survey the alternative approaches present in the literature. Then we focus on the NATural Real EXchange rate and discuss the distinction between reduced form equations and structural estimation methods. Finally, we introduce the continuous time approach and illustrate a two-country model which is specified and estimated in continuous time. The simulated euro/dollar real equilibrium level provides a yardstick against which the misalignment of the actual real exchange rate is evaluated.

引用

页码：243 / 264

页数：22

共 50 条

[41] Point Forecast Markov Switching Model for US Dollar/Euro Exchange Rate
Mostafaei, Hamidreza
Safaei, Maryam
[J]. SAINS MALAYSIANA, 2012, 41 (04): : 481 - 488
[42] Forecasting Euro - United States dollar exchange rate with gene expression programming
Pattern Recognition Laboratory, Dept. of Computer Engineering and Informatics, University of Patras, 26500, Patras, Greece
不详
[J]. IFIP Advances in Information and Communication Technology, (78-85):
[43] Currency competition between the dollar and euro: Evidence from exchange rate behaviors
Eun, Cheol S.
Kim, Soo-Hyun
Lee, Kyuseok
[J]. FINANCE RESEARCH LETTERS, 2015, 12 : 100 - 108
[44] Are electricity prices affected by the US dollar to Euro exchange rate? The Spanish case
Pilar Munoz, M.
Dickey, David A.
[J]. ENERGY ECONOMICS, 2009, 31 (06) : 857 - 866
[45] Estimating an equilibrium exchange rate for the dollar and other key currencies
Hallett, AH
Richter, C
[J]. ECONOMIC MODELLING, 2004, 21 (06) : 1117 - 1144
[46] Talking heads: the effects of ECB statements on the euro-dollar exchange rate
Jansen, DJ
De Haan, J
[J]. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2005, 24 (02) : 343 - 361
[47] Forecasting Euro - United States Dollar Exchange Rate with Gene Expression Programming
Antoniou, Maria A.
Georgopoulos, Efstratios F.
Theofilatos, Konstantinos A.
Likothanassis, Spiridon D.
[J]. ARTIFICIAL INTELLIGENCE APPLICATIONS AND INNOVATIONS, 2010, 339 : 78 - 85
[48] Exchange rate co-operation between dollar, yen and euro.
Ringbom, S
[J]. EKONOMISKA SAMFUNDETS TIDSKRIFT, 2000, 53 (01): : 53 - +
[49] The euro and exchange rate stability: A theoretical approach
Benassy-Quere, A
Pisani-Ferry, J
[J]. REVUE ECONOMIQUE, 1998, 49 (03): : 733 - 742
[50] Productivity shocks, the real exchange rate, and the euro puzzle
Miller, Norman C.
[J]. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2008, 27 (04) : 499 - 515

← 1 2 3 4 5 →