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Collaborative Research: Understanding the Drivers of Exchange Rates through International — NSF Award to University of Chicago (IL

This award funds a research project examining the factors influencing exchange rates, with a focus on international asset prices and capital flows. Understanding the drivers of exchange rates is a central objective of international macroeconomics and finance. Exchange rates are key prices affecting the relative cost of

Award titleCollaborative Research: Understanding the Drivers of Exchange Rates through International
Award ID2446790
AwardeeUniversity of Chicago
CityCHICAGO
StateIL
Amount obligated$212,975
Principal investigatorRohan Kekre
ProgramEconomics
Start date05/01/2025
AbstractThis award funds a research project examining the factors influencing exchange rates, with a focus on international asset prices and capital flows. Understanding the drivers of exchange rates is a central objective of international macroeconomics and finance. Exchange rates are key prices affecting the relative cost of imports and exports, as well as the returns to investing in assets abroad. Yet exchange rates have long puzzled economists: they are inconsistent with benchmark models in economic
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