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- W2266410157 abstract "This study shows that the real exchange rate is related to the real interest rate differential and risk premium for all but one of the exchange rates investigated, when these two explanatory factors are proxied by forward premia. In general, our results are consistent with the literature that rejects the notion that real exchange rates follow a martingal and suggest that monetary factors may be important determinants of real exchange rates." @default.
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- W2266410157 date "2008-10-26" @default.
- W2266410157 modified "2023-09-26" @default.
- W2266410157 title "Re-Examining the Behavior of Real Exchange Rates" @default.
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