role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange … rate mainly danced to its own tune, with a particularly low explanatory power for macroeconomic fundamentals. Among the few …

an equilibrium outcome of a variant of present-value models when economic fundamentals follow exogenous first … fundamentals within a canonical, two-country, incomplete market model. Bayesian posterior simulation exercises of a two …

rates to fundamentals in Engel and West (Exchange rate and fundamentals, Journal of Political Economy 2005, 113 (3), 485 …

explained by the fundamentals of demand and supply. Some studies argue that futures market speculation can only be blamed for … foundations, leaving the door open for the pivotal role of supply-demand fundamentals. …

role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange … rate mainly danced to its own tune, with a particularly low explanatory power for macroeconomic fundamentals. Among the few …

We present empirical evidence on whether the introduction of the euro has changed the effect of economic fundamentals …

fundamentals to rationalize the pricing of currencies, which are partly driven by unobservable shocks. Using novel survey data …

, domestic macroeconomic fundamentals appear to be negligible drivers of government bond yield spreads for the same period. A …. Financial markets seemed to neglect the deterioration of macroeconomic fundamentals of the six European countries during …

inconsistent with supply and demand fundamentals. To acutely investigate the drivers of wheat prices and quantify their impact, a …

In this paper we examine the nonlinear relation between the EUA price and its fundamentals, such as energy prices … the EUA price and its fundamentals varies over time. In particular, we are able to identify a low and a high volatility … regime, both showing a strong impact of the fundamentals on the EUA price. The most important EUA price drivers are changes …