Valuation effects and long-run real exchange rate dynamics
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DOI: 10.1016/j.jimonfin.2014.12.004
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More about this item
Keywords
Saddle-path dynamics; Real exchange rate; Portfolio balance model; Valuation effect; Cointegration; International imbalances;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
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