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    • Publications (5)
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  • Tags: exchange rates
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  1. Publication

    Exchange rate predictability and dynamic Bayesian learning

    16.04.2020

    We consider how an investor in the foreign exchange market can exploit predictive information by means of flexible Bayesian inference. Using a variety of vector autoregressive models, the investor is able, each period, to learn about important data...

  2. Publication

    Information rigidities and exchange rate expectations

    01.07.2020

    Sluggish adjustment of expectations to new information is rational in an environment characterized by information costs and signal-to-noise problems. This paper investigates the role of such information rigidities for exchange rate expectations using...

  3. Publication

    Exchange rates and outward foreign direct investment: US FDI in emerging economies

    01.01.2009

    This paper investigates the effect of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the...

  4. Publication

    Exchange-Rate Misalignments in Duopoly: The Case of Airbus and Boeing

    01.04.2011

    We examine the effect of exchange-rate misalignments on competition in the market for large commercial aircraft. This market is a duopoly where players compete in dollar-denominated prices while one of them, Airbus, incurs a large fraction of its...

  5. Publication

    Exchange-Rate Misalignments in Duopoly: The Case of Airbus and Boeing

    01.02.2009

    We examine the effect of exchange-rate misalignments on competition in the market for large commercial aircraft. This market is a duopoly where players compete in dollar-denominated prices while one of them, Airbus, incurs costs mostly in euros. We...

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