This paper suggests that exchange rates are related to economic fundamentals over medium-term horizons, such as a month … from the proper understanding of fundamentals, specifically good interest rate forecasts. This relation is robust to …

research. The approach simultaneously estimates the explanatory power of fundamentals, expectations, and historic yield …

This paper suggests that exchange rates are related to economic fundamentals over medium-term horizons, such as a month … from the proper understanding of fundamentals, specifically good interest rate forecasts. This relation is robust to …

fundamentals for various commodity prices have changed with a special emphasis on behavior since the mid 2000s. To identify … changing commodity price fundamentals we estimate shifting–mean autoregressions by using: the Bai and Perron (1998) procedure … suggestive of the causal fundamentals underlying the recent boom. …

fundamentals. We show that both exchange rate changes and flows are only weakly related to macroeconomic news announcements and …

and in domestic macroeconomic fundamentals. The model was estimated on panel ata for eight central and eastern European … dynamics of spreads can be explained by both market sentiment indicators and macroeconomic fundamentals. In particular, the …

market risk and macroeconomic fundamentals, focusing primarily on links among equity return volatilities, real growth, and …

to scale, locational fundamentals and random growth. To do this we implement a threshold nonlinearity test that extends …, income growth is mostly explained by social and locational fundamentals. Population growth also exhibits two distinct …