What Do We Know About the Long-Run Real Exchange Rate?

Distribution of the Estimators for Autoregressive Time Series With a Unit Root

1979 • 8,550 citations

The Purchasing-Power Parity Doctrine: A Reappraisal

1964 • 3,240 citations

Introduction to Statistical Time Series.

1977 • 2,373 citations

Bayesian skepticism on unit root econometrics

1988 • 528 citations

An empirical examination of long-run purchasing power parity using cointegration techniques

1988 • 508 citations

Exchange Rate Theory and Practice

1984 • 506 citations

An empirical investigation of the long-run behavior of real exchange rates

1987 • 422 citations

International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

1982 • 379 citations

Fluctuations in the Dollar: A Model of Nominal and Real Exchange Rate Determination

1980 • 293 citations

Was it Real? The Exchange Rate-Interest Differential Relation Over the Modern Floating-Rate Period

1988 • 279 citations

A re-assessment of the relationship between real exchange rates and real interest rates: 1974–1990

1993 • 276 citations

Cointegration and models of exchange rate determination

1987 • 266 citations

The determination of the real exchange rate

1982 • 256 citations

National price levels, purchasing power parity, and cointegration: a test of four high inflation economies

1989 • 254 citations

Flexible Exchange Rates in the Short Run

1976 • 236 citations

Deviations from Purchasing Power Parity in the Long Run

1983 • 191 citations

Does the exchange rate follow a random walk? A Monte Carlo study of four tests for a random walk

1986 • 156 citations

International Capital Mobility and Crowding-out in the U.S. Economy: Imperfect Integration of Financial Markets or of Goods Markets?

1986 • 108 citations

Real Exchange Rates and Macroeconomics: A Selective Survey

1989 • 90 citations

The Foreign Exchange Market: Theory and Econometric Evidence.

1990 • 84 citations

A century plus of Yen exchange rate behavior

1990 • 73 citations

Movements in Purchasing Power Parity: The Short and Long Runs

1983 • 71 citations

Are Exchange Rates Excessively Variable?

1987 • 42 citations

2. An Accounting Framework and Some Issues for Modeling How Exchange Rates Respond to the News

1982 • 38 citations

Exchange Rates and the Current Account

2000 • 38 citations

A Re-Assessment of the Relationship between Real Exchange Rates and Real Interest Rates: 1974-1990

1991 • 25 citations

Dominant real exchange rate movements

1989 • 22 citations

The practice of monetary targeting: a case study of the West German experience

1988 • 19 citations

The Dollar and Real Interest Rates

1987 • 14 citations

The Link Between the Value of the Dollar, U.S. Trade and Manufacturing Output: Some Recent Evidence

1988 • 10 citations

A Quantitative Reassessment of the Purchasing Power Parity Hypothesis: Evidence From Norway and the United Kingdom

1983 • 2 citations