Is real investment fully determined by fundamentals or is it sometimes affected by stock market misvaluation? We …

latter with the observed ratio. On the basis of this methodology, US house prices appear to have departed from fundamentals …

encompass an economy with asymmetric fundamentals. In contrast to the standard framework, in our model industries may di¤er in …

fundamentals suggested by first and second generation models, exclusive of the ideas of the third generation models. In doing so we …

This article aims at characterizing the daily price fundamentals of European Union Allowances (EUAs) traded since 2005 … allocation allow to isolate distinct fundamentals evolving overtime. The results extend previous literature by showing that spot …

We examine empirical consistency of the fundamentals in (1) the Middle and South American and (2) the Asian currency … differences between the two currency crises in terms of fundamentals. Some differences in explanatory power between fundamentals … suggest that we should consider other factors in addition to our fundamentals. Dividing data into the two countries groups …

exchange rate determination. Based on a simple monetary model, we find that the impact of economic fundamentals on the exchange …

rate professionals. The survey includes not only forecasts of the exchange rate, but also for macroeconomic fundamentals …, like GDP growth, inflation, and interest rates. Different expectations of fundamentals might lead to different views of … with forward looking models for the exchange rate, expected fundamentals have a substantial impact on exchange rate …