J3 - Wages, Compensation, and Labor Costs - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T16:17:31+00:00What Drives Exchange Rates? New Evidence from a Panel of U.S. Dollar Bilateral Exchange Rates
https://www.bankofcanada.ca/2010/02/working-paper-2010-5/
We use a novel approach to identify economic developments that drive exchange rates in the long run. Using a panel of six quarterly U.S. bilateral real exchange rates – Australia, Canada, the euro, Japan, New Zealand and the United Kingdom – over the 1980-2007 period, a dynamic factor model points to two common factors.2010-02-20T10:01:15+00:00enWhat Drives Exchange Rates? New Evidence from a Panel of U.S. Dollar Bilateral Exchange Rates2010-02-20Econometric and statistical methodsExchange ratesWorking Paper 2010-5https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp10-5.pdfWhat Drives Exchange Rates? New Evidence from a Panel of U.S. Dollar Bilateral Exchange RatesJean-Philippe CayenDonald ColettiRené LalondePhilipp MaierFebruary 2010JJ3J31