Our Behavioural Equilibrium Exchange Rate (BEER) model estimates the real medium-term fair value of G10 currencies using productivity, terms of trades (the price of exports divided by the price of ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

While EUR/USD near 1.10 looks historically cheap, our Behavioural Equilibrium Exchange Rate model actually suggests that EUR/USD is at least 9% overvalued in real terms. This is primarily due to a ...

THE ECONOMIST’S Big Mac index is a lighthearted guide to whether currencies are at their “correct” level. It is a way to make exchange-rate theory more digestible. The index is based on ...

What is holding back the hryvnia's devaluation: inflation, bank profits, or political interests? A detailed analysis of the ...

This paper investigates the impact of natural disasters on exchange rate movements in different country groups with different exchange rate regimes. Using a panel local projection model with a ...

The U.S. dollar has seen some remarkable swings against major currencies recently. For example, over most of 2005, it gained nearly 18% against the yen and 13% against the euro, while between March ...

Controlling inflation is a key concern of central bankers around the world. But how best to control inflation differs across countries according to their individual characteristics; for example, small ...

China's merchandise trade surplus surged by $111.7 billion in November, reaching an impressive $1.08 trillion for the first 11 months of the year, a 22.1% increase compared to the same period of last ...