| ||
|
| Robert Mundell: International Economics An online version of the 1999 Nobel Prize winner in Economics' book on exchange rates in the international environment. | |
| Currency Boards, Credibility and Macroeconomic Behavior Working paper by Luis Rivera Batiz and Amadou Sy of the Research Department of the International Monetary Fund. | ||
| Forecasting Exchange Rate Dynamics Application of interest rate forecasting models to exchange rate dynamics and evaluation of the models from the viewpoint of out-of-sample forecasting. | ||
| What is Purchasing Power Parity? A definition of purchasing power parity (PPP) and links to relevant information. | ||
| The Performance of Simple Monetary Policy Rules in a Large Open Economy Comparison of the relative sensitivity of Eurozone and US monetary policy to the external value of their respective currencies. | ||
| Exchange Rate Determination A lecture note on two common theories of exchange rate determination: purchasing power parity and interest rate parity by Thayer Watkins of San Jose State University's Economics Department. | ||
| Robert Mundell: Uses and Abuses of Gresham's Law in the History of Money A treatise by the 1999 Nobel Prize winner in Economics. | ||
| Daily FX: Forex Modeling Provides forex research reports, economic and market data, and valuation models. | ||
| Exchange-Rate-Based Stabilization: A Model of Financial Fragility Working paper by Yuri Sobolev Vladimirovich of the Policy Development and Review Department of the International Monetary Fund (IMF). | ||
| Real Disturbances, Relative Prices, and Purchasing Power Parity (PPP) A paper that finds that oil prices, fiscal spending, and productivity differences account for deviations from PPP. | ||
| The Exchange Rate in a Dynamic-Optimizing Current Account Model A model that shows exchange rates overshooting in response to monetary policy shocks. | ||
| Predictable Movements in Yen/DM Exchange Rates Working paper by Carlo Cottarelli of the International Monetary Fund (IMF). | ||
| Relative Purchasing Power Parity A slideshow presentation of the RPPP theory used to explain exchange rate movements. | ||
| Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure Working paper that uses weekly data on short-term rates for 10 countries to document movements in the term structure. Requires Acrobat Reader. | ||
| The Interest Rate Parity Condition A lecture on the relationship between interest rate differentials and exchange rate movements by Steven M. Suranovic. | ||
| ||