We survey the literature on the two main views of exchange rate determination that have evolved since the early 1970s: the monetary approach to the exchange rate (in flex-price, sticky-price and real ...

Controlling for this widens the differential in favor of floating exchange rates to 0.8 percent over all countries, and as much as 1.5 percent for the lower-income countries. Explaining the ...

Cavallo, Alberto, Brent Neiman, and Roberto Rigobon. "Currency Unions, Product Introductions, and the Real Exchange Rate." Quarterly Journal of Economics 129, no. 2 (May 2014): 529–595. This dataset ...