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Real Exchange Rate Misalignments in the Euro Area
Authors:Fidora  Michael  Giordano  Claire  Schmitz  Martin
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
;
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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