English, Article edition: Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches Carsten Detken; Alistair Dieppe; Jérôme Henry; ...

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches
Author
  • Carsten Detken
  • Alistair Dieppe
  • Jérôme Henry
  • Frank Smets
  • Carmen Marin
Physical Description
  • article
Notes
  • On the basis of historical data aggregated over the period 1973 to 2000, we have experimented with four different approaches to estimate the synthetic euro's equilibrium exchange rate. Using a number of competing models with the same data set, variable definitions and sample period offers the possibility to assess the uncertainty surrounding such equilibrium levels, both from an empirical (different estimates) and a theoretical viewpoint (different specifications). In this exercise, the 'Rest of the World' is proxied by the US, the UK, Japan and Switzerland, aggregated on the basis of trade weights. Copyright Blackwell Publishers Ltd/​University of Adelaide and Flinders University of South Australia 2002.
  • RePEc:bla:ausecp:v:41:y:2002:i:4:p:404-436
Language
  • English
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