Chair:

Paul van den Noord, European Commission DG ECFIN

• Exchange rate dynamics in monetary union: an empirical assessment
  Vladimir Borgy, Banque de France,
  Amina Lahrèche-Révil, IMF,
  Antonia López Villavicencio, Universitat Autonoma de Barcelona
• Does the nominal exchange rate explain the Backus-Smith puzzle? Evidence from the Eurozone
  Metodij Hadzi-Vaskov, Utrecht University, Utrecht School of Economics
• The real euro-Dollar exchange rate and equity market
  Kari Heimonen, University of Jyväskylä,
  Juuso Vataja, University of Vaasa

Discussant:

Ray Barrell, NIESR