Short-term Exchange Rate Movements and International Exchange of Goods

Event | 12 December 2013 ADBI, Tokyo, Japan

This brown bag lunch seminar by Matthias Helble will present a new data set that combines records of daily international exchanges of goods and daily data on international exchange rate movements. Applying different econometrics techniques, it will be shown that in an environment of floating exchange rates short-term international arbitrage is indeed occurring and that it has a persistent effect.

ADBI website