Can I read Exchange Rates and Fundamentals: Evidence From Commodity Economies on EtoBox?

Exchange Rates and Fundamentals: Evidence From Commodity Economies by Sevdalina Rumyanova Netsova is a document available to read on EtoBox.

What is Exchange Rates and Fundamentals: Evidence From Commodity Economies about?

This paper investigates the empirical disconnect between exchange rates and economic fundamentals that is at the heart of several exchange rate puzzles. For three major OECD primary commodity producers, nominal exchange rates exhibit a robust response to movements in the world prices of their corresponding commodity exports. Incorporating commodity export prices into standard exchange rate models can generate a marked improvement in their in-sample performance.

Author

Sevdalina Rumyanova Netsova

Language

EN