Edouard Djeutem

Senior Economist

Edouard Djeutem is Senior Economist in International Economic Analysis Department. His research interests are in the areas of international finance and trade, asset pricing, macroeconomics and econometrics.

Contact

Senior Economist
International Economic Analysis
International Studies Division

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Latest

Uncovered Return Parity: Equity Returns and Currency Returns

Staff Working Paper 2018-22 Edouard Djeutem, Geoffrey R. Dunbar
We propose an uncovered expected returns parity (URP) condition for the bilateral spot exchange rate. URP implies that unilateral exchange rate equations are misspecified and that equity returns also affect exchange rates. Fama regressions provide evidence that URP is statistically preferred to uncovered interest rate parity (UIP) for nominal bilateral exchange rates between the US dollar and six countries (Australia, Canada, Japan, Norway, Switzerland and the UK) at the monthly frequency.

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Other

Refereed journals

  • "Model uncertainty and the forward premium puzzle", 2014, Journal of International Money and Finance, 46, 16-40
  • "Robustness and exchange rate volatility"
    (with Kenneth Kasa), 2013, Journal of International Economics, 91, 27–39.
  • "On the sustainability of current account deficits in Cameroon"
    (with Pierre Nguimkeu), 2013, International Journal of Economics and Financial Issues, Vol. 3, No. 2, 486–495

Education

  • PhD, Simon Fraser University, Burnaby, 2016
  • M.A., Simon Fraser University, Burnaby, 2011
  • Master in International and Development Economics, Economics School of Louvain (UCL & FUNDP), Louvain, 2010
  • B.Eng. in Statistics, ISSEA, Yaoundé, 2006

Research Interests

  • International finance and trade
  • Asset pricing
  • Macroeconomics
  • Econometrics

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