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Does the Nominal Exchange Rate Regime Affect the Real Interest Parity Condition?

Dreger, Christian - 2008

system and the current managed float. Panel integration techniques are used to increase the power of the tests. Cross section …

Persistent link: https://www.econbiz.de/10011335534

Does the nominal exchange rate regime affect the real interest parity condition?

Dreger, Christian - 2010

system and the current managed float. Panel integration techniques are applied to increase the power of the tests, where …

Persistent link: https://www.econbiz.de/10011345467

Does the Nominal Exchange Rate Regime Affect the Real Interest Parity Condition?

Dreger, Christian - In: The North American Journal of Economics and Finance 21 (2010) 3, pp. 274-285

Bretton Woods system and the current managed float. Panel integration techniques are applied to increase the power of the …

Persistent link: https://www.econbiz.de/10011514438

Does the nominal exchange rate regime affect the long Run properties of real exchange rates?

Dreger, Christian; Girardin, Eric - 2007

Gold Standard, the interwar float, the Bretton Woods system and the managed float thereafter. Panel integration techniques …

Persistent link: https://www.econbiz.de/10010264984

Cross-section Dependence and the Monetary Exchange Rate Mode – A Panel Analysis

Beckmann, Joscha; Belke, Ansgar; Dobnik, Frauke - 2011

unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we …

Persistent link: https://www.econbiz.de/10010274448

The emerging global financial architecture: Tracing and evaluating the new patterns of the Trilemma's configurations

Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2009

Using the indexes we developed (Aizenman, Chinn, and Ito, 2008) to measure the degree of the three policy choices countries make with respect to the trilemma: exchange rate stability, monetary independence, and capital account openness, we investigate the normative questions pertaining to the...

Persistent link: https://www.econbiz.de/10010287751

Assessing the emerging global financial architecture: Measuring the trilemma's configurations over time

Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2009

We develop a methodology that intuitively characterizes the choices countries have made with respect to the trilemma during the post Bretton-Woods period. The paper first outlines the new metrics for measuring the degree of exchange rate flexibility, monetary independence, and capital account...

Persistent link: https://www.econbiz.de/10010287768

Assessing the emerging global financial architecture: Measuring the trilemma's configurations over time

Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2008

Persistent link: https://www.econbiz.de/10010288158

Purchasing power parity and the European single currency: some new evidence

Christidou, Maria; Panagiotidis, Theodore - 2010

the introduction of the single currency. Panel unit root (Pesaran, 2007) and stationarity tests (Hadri and Kurozumi, 2008 …) that take into account cross-sectional dependence are also estimated. The results remain inconclusive as panel stationarity … tests fail to support PPP whereas panel unit root tests fail to reject PPP for the whole sample and for the period before …

Persistent link: https://www.econbiz.de/10010273678

Testing uncovered interest parity at short and long horizons

Chinn, Menzie D.; Meredith, Guy - 2000

The unbiasedness hypothesis - the joint hypothesis of uncovered interest parity (UIP) and rational expectations - has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used short-horizon data, we test this hypothesis using...

Persistent link: https://www.econbiz.de/10010295610