Real Exchange Rate Misalignments in the Euro Area |
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Authors: | Fidora Michael Giordano Claire Schmitz Martin |
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Affiliation: | 1.European Central Bank, Sonnemannstrasse 14, 60314, Frankfurt am Main, Germany ;2.Banca d’Italia, DG Economics, Statistics and Research, Via Nazionale 91, 00184, Rome, Italy ; |
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Abstract: | Open Economies Review - Building upon a Behavioural Equilibrium Exchange Rate model, estimated at a quarterly frequency since 1999 on a broad sample of 57 countries, this paper assesses both the... |
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