Learning to forecast the exchange rate: Two competing approaches

The Appropriate Exchange Rate System and the Regulation and Forecast of Exchange Rate for Iran's Economy

Specifying the Forecast Generating Process for Exchange Rate Survey Forecasts

This paper contributes to the literature on the modeling of survey forecasts using learning variables. We use individual industry data on yen-dollar exchange rate predictions at the two week, three month, and six month horizons supplied by the Japan Center for International Finance. Compared to earlier studies, our focus is not on testing a single type of learning model, whether univariate or m...

Expenditure switching versus real exchange rate stabilization: Competing objectives for exchange rate policy

This paper develops a view of exchange rate policy as a trade-off between the desire to smooth fluctuations in real exchange rates so as to reduce distortions in consumption allocations, and the need to allow flexibility in the nominal exchange rate so as to facilitate terms of trade adjustment. We show that optimal nominal exchange rate volatility will reflect these competing objectives. The k...

the appropriate exchange rate system and the regulation and forecast of exchange rate for iran's economy

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Two Different Approaches to the Distance Learning

In today’s world new knowledge is produced very fast and if we are trying to be at the top we have to update learning material every year. Traditional book printing is too time consuming and too costly for frequently updating. For this reason we put one of the most important thing in the distant education learning material to the Internet. There is no prescription how to do this nor which techn...