Are foreign exchange markets efficient? Are fundamentals important for predicting exchange rate movements? What is the signal-to-ratio of high frequency exchange rate changes? Is it possible to define a measure of the equilibrium exchange rate that is useful from an assessment perspective? The...

This volume is in honour of the remarkable career of the Father of Spatial Econometrics, Professor Jean Paelinck, presently of the Tinbergen Institute, Rotterdam. Jean Paelinck, arguably, is the founder of modern spatial econometrics. The impact on the profession through his work in spatial...

Studies in Global Econometrics is a collection of essays on the use of cross-country data based on purchasing power parities. The two major applications are the development over time of per capital gross domestic products, (including that of their inequalities among countries and regions) and...

This book presents an applied econometric analysis of the demand for food in the Nordic countries. A system of demand equations, based on the neoclassical theory of consumer demand, is analyzed using modern econometric techniques for estimation and evaluation. The models investigated are mainly...

Modeling North American Economic Integration presents descriptions of the models and the central results obtained by four teams of economic modelers who analyze the impact of the North American Free Trade Agreement (NAFTA) on the economies of Canada, Mexico and the USA. Preliminary versions of...