Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...
What is holding back the hryvnia's devaluation: inflation, bank profits, or political interests? A detailed analysis of the ...
What is the value of a country’s goods against those of another country, a group of countries, or the rest of the world, at the prevailing exchange rate? How does one determine whether a currency is ...
We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...