, Spain from 1787 to 2000. Our results suggest that locational fundamentals (such as natural endowments) explain the …

fundamentals coupled with OECD-wide abundant liquidity. Regarding the latter two factors, principal component analysis was used … analysis finds that both economic fundamentals and liquidity have played a statistically significant role in driving the common … had fallen below what could be explained by economic fundamentals and liquidity ... Les déterminants des primes de risque …

fundamentals aecting the production structure versus international capital market imperfections. Our empirical evidence, based on …

during crises depends on the tail properties of the fundamentals’ distribution. We denote crisis linkages as either strong or … crisis levels, the probability that the other currency breaks down as well vanishes asymptotically if the fundamentals … fundamentals. …

A major puzzle in international finance is the inability of models based on monetary fundamentals to produce better out … economic value to the predictive power of monetary fundamentals for the exchange rate. We estimate, using a framework that … rate forecasts from a monetary fundamentals model. In contrast to much previous research, we find that the economic value …

questionnaire evidence. We find that fund managers and FX dealers differ significantly. Fund managers rely more on fundamentals …

fundamentals affecting the production structure versus international capital market imperfections. Our cross-country regressions …

common trend can be considered as the ERM non-parametric fundamentals for the three selected currencies. Using a non … two out of three currencies with a functional form, related to the estimated non-parametric fundamentals, close to the S …