Construct indexes of Nominal and Real Effective Exchange Rates for Germany and another country
Budget: £20 – £250 GBP
Using excel or an economic software such as r or matlab construct the NEER and REER for germany and another country of your choice. Comment on the similarities between the two data sets. I will provide data for Germany that will include nominal bilateral exchange rates of Germany with respect to its 12 major trading
partners. It also provides CPI data for each country, as well as the trade weights that these 12 countries represent for German exports (assuming that Germany only trades
with these 12 countries).
partners. It also provides CPI data for each country, as well as the trade weights that these 12 countries represent for German exports (assuming that Germany only trades
with these 12 countries).