EconPapers    
Economics at your fingertips  
 

A Two-Country NATREX Model for the Euro/Dollar

Marianna Belloc and Daniela Federici

MPRA Paper from University Library of Munich, Germany

Abstract: This paper develops a NATREX (NATural Real EXchange rate) model for two large economies, the Eurozone and the United States. The NATREX approach has already been adopted to explain the medium-long term dynamics of the real exchange rate in a number of industrial countries. So far, however, it has been applied to a one-country framework where the "rest of the world" is treated as given. In this paper, we build a NATREX model where the two economies are fully specified and allowed to interact. Our theoretical model offers the basis for empirical estimation of the euro/dollar equilibrium exchange rate that will be carried out in future research. JEL classification: F31; F36; F47

Keywords: Key words: NATREX; equilibrium exchange rate; euro/dollar; structural approach (search for similar items in EconPapers)
JEL-codes: F31 F36 F41 F43 (search for similar items in EconPapers)
Date: 2007-04
New Economics Papers: this item is included in nep-cba, nep-eec, nep-ifn and nep-mon
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Published in CIDEI W.P. N. 76 (2007): pp. 1-30

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/4046/1/MPRA_paper_4046.pdf original version (application/pdf)

Related works:
Journal Article: A two-country NATREX model for the euro/dollar (2010) Downloads
Working Paper: A Two-Country NATREX Model for the Euro/Dollar (2008) Downloads
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:pra:mprapa:4046

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2024-03-31
Handle: RePEc:pra:mprapa:4046