Stein, Jerome L. - In: IFO-Studien : Zeitschrift für empirische … 48 (2002) 3, pp. 349-381
We evaluate studies of the "equilibrium" value of the real euro. We ask: how can one explain the medium to longer run movements in the synthetic Euro? We compare the results derived from a statistical/atheoretic approach with those based upon a theoretical stock/flow/growth model with an...