Barbara Rossi
ICREA-Universitat Pompeu Fabra
Contact
Address
Loding Complete
Explore Research
New This Week
Utilizing critical recent data advances, we analyze empirical evidence on long-run samples of short-maturity real interest rates as well as term spreads based on multi-century data. In contrast to an extensive literature on short-maturity real interest rates over the past few decades, we find strong...
December 1, 2022 - Article
T he real interest rate has dropped sharply in the twenty-first century. To what extent is this likely to be temporary, rather than persistent? In Long-Run Trends in Long-Maturity Real Rates 13112021 (NBER Working Paper 30475), Kenneth Rogoff, Barbara Rossi, and Paul Schmelzing examine a rich...
Taking advantage of key recent advances in long-run financial and economic data, this paper analyzes the statistical properties of global long-maturity real interest rates over the past seven centuries. In contrast to existing consensus, which has overwhelmingly concentrated on short samples for...
What are the effects of monetary policy on exchange rates? And have unconventional monetary policies changed the way monetary policy is transmitted to international financial markets? According to conventional wisdom, expansionary monetary policy shocks in a country lead to that country's currency...
June 29, 2018 - Chapter
September 4, 2012 - Chapter
Author(s) - Barbara Rossi
This paper investigates whether oil prices have a reliable and stable out-of-sample relationship with the Canadian/U.S dollar nominal exchange rate. Despite state-of-the-art methodologies, we find little systematic relation between oil prices and the exchange rate at the monthly and quarterly...
July 1, 2008 - Article
Given that commodity prices are extremely volatile and difficult to predict -- and that commodity price futures are notoriously bad predictors of future commodity prices -- this new approach to predicting commodity prices has important potential practical value. A recent study by co-authors...
June 11, 2008 - Chapter
Author(s) - Barbara Rossi
We show that "commodity currency" exchange rates have remarkably robust power in predicting global commodity prices, both in-sample and out-of-sample, and against a variety of alternative benchmarks. This result is of particular interest to policymakers, given the lack of deep forward markets in...
Show: results