EconPapers    
Economics at your fingertips  
 

Exchange Rate Dynamics and the Disconnect

Dynamika devizového kurzu a přerušení vztahu mezi vývojem kurzu a dalších makroekonomických veličin

Miroslava Jindrová

Acta Oeconomica Pragensia, 2007, vol. 2007, issue 4, 56-68

Abstract: In this paper we bring the survey of the contemporaneous research on the behaviour of exchange rate and so called exchange rate disconnect puzzle. We have introduced several directions in which research on this object could be developed. They are basically concerned with the monopolistically competition, which allows for exchange rate fluctuations from its long run equilibrium level, so that purchasing power parity condition doesn't holds. The alternative approach incorporates heterogeneous agents' setup.

Keywords: exchange rate determination; exchange rate disconnect; overshooting; volatility (search for similar items in EconPapers)
JEL-codes: E52 F31 F41 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://aop.vse.cz/doi/10.18267/j.aop.75.html (text/html)
http://aop.vse.cz/doi/10.18267/j.aop.75.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlaop:v:2007:y:2007:i:4:id:75:p:56-68

Ordering information: This journal article can be ordered from
Redakce Acta Oeconomica Pragensia, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3
http://aop.vse.cz

DOI: 10.18267/j.aop.75

Access Statistics for this article

Acta Oeconomica Pragensia is currently edited by Klára Šimůnková

More articles in Acta Oeconomica Pragensia from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().

 
Page updated 2020-10-14
Handle: RePEc:prg:jnlaop:v:2007:y:2007:i:4:id:75:p:56-68