• Essays on Purchasing Power Parity Puzzle 

      Lahtinen, Markus
      Acta Electronica Universitatis Tamperensis : 466 (Tampere University Press, 2005)
      Väitöskirja
      Väitöskirja käsittelee hyvin vanhaa, mutta tänäänkin ajankohtaista ongelmaa reaalisen valuuttakurssin määräytymisestä. Reaalisella valuuttakurssilla viitataan tässä väitöskirjassa kuluttajahintojen ja nimellisen valuuttakurssin ...
    • Long Run Deviations From the Purchasing Power Parity Between German Mark and U.S. Dollar. Oil Price - the Missing Link? 

      Lahtinen, Markus
      Tampere Economic Working Papers Net Series : 19/2003 (2003)
      workingPaper
      The aim of this paper is to identify and investigate empirically the long-run determinants of real exchange rate fluctuations between Germany and the United States since the collapse of Bretton Woods system This study uses ...
    • The Exchange Rate Targeting of Central Banks Revisited:The Role of Long-term Interest Rates 

      Lahtinen, Markus; Mäki-Fränti, Petri
      Tampere Economic Working Papers Net Series : 46/2006 (2006)
      workingPaper
      ABSTRACT Using a New Keynesian macro model, the paper reconsiders the question, whether the central banks should directly respond to exchange rate movements. It is assumed that the transmission of monetary policy to output ...
    • The U.S. Dollar Real Exchange Rate a Real Option Approach 

      Lahtinen, Markus
      Tampere Economic Working Papers Net Series : 18/2003 (2003)
      workingPaper
      The aim of this paper is to discuss the determinants of the U.S. dollar real exchange rate fluctuation. We focus our analysis on a nominal exchange rate effect on tradable prices. We explicitly consider the effects of ...