Exchange rate misalignments, interdependence, crises, and currency wars: an empirical assessment

This study aims to compare two different methodologies of calculating exchange rate misalignment and test whether there is interdependence among countries in determining the real effective exchange rate. Two different econometric approaches are used to achieve these goals. The first one involves est...

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Bibliographic Details
Main Author: Emerson Fernandes Marçal
Format: Article
Language:English
Published: Fundação Getúlio Vargas 2014-06-01
Series:Revista Brasileira de Economia
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402014000200005&lng=en&tlng=en