Exchange rate expectations since the financial crisis: Performance evaluation and the role of monetary policy and safe haven

Konferenzbeitrag

We analyze and evaluate novel data on exchange rate expectations after the collapse of Lehman Brothers for more than 60 economies over different horizons. We find that monetary policy effects on expectations are time-varying and identify substantial international spillovers over the recent period. Our results also show that markets have been surprised by monetary policy effects on the exchange rates and point to an unexpected safe haven status of the US dollar after 2009.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Exchange Rates ; No. C14-V3

Classification and Topics

• Classification: Wirtschaft ; Foreign Exchange ; International Financial Markets

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Beckmann, Joscha ; Czudaj, Robert
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168291
• Last update: 10.03.2025, 11:43 AM CET