Cover Image
Read Now

In Which Exchange Rate Models Do Forecasters Trust?

Using survey data of market expectations, we ask which popular exchange rate models appear to be consistent with expectation formation of market forecasters. Exchange rate expectations are found to be correlated with inflation differentials and productivity differentials, indicating that the relativ...

Full description

Bibliographic Details
Main Author: Lee, Jaewoo
Other Authors: Takizawa, H., Hauner, David
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Working Papers
Subjects:
Government And The Monetary System
Payment Systems
Exchange Rate Arrangements
International Finance Forecasting And Simulation
Monetary Economics
Currency; Foreign Exchange
Regimes
Exchange Rate Forecasting
Purchasing Power Parity
Money
Foreign Exchange
Standards
Currencies
Monetary Systems
Exchange Rates
Money And Monetary Policy
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Using survey data of market expectations, we ask which popular exchange rate models appear to be consistent with expectation formation of market forecasters. Exchange rate expectations are found to be correlated with inflation differentials and productivity differentials, indicating that the relative PPP and Balassa-Samuelson effect are common inputs into expectation formation of market forecasters
Physical Description:17 pages
ISBN:9781455262397

Similar Items