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Determining The Real Exchange Rate Equilibrium for Pakistan

open access: yesJISR Management and Social Sciences & Economics, 2021
The achievement of macroeconomic stability and sustained economic growth are the main targets of macroeconomic agents and policymakers. High volatility in Real Effective Exchange Rate (REER) is noticed while moving towards flexible Exchange rate regime.
Shazia Salam, Mehak Ejaz
doaj   +2 more sources

Real exchange rate effect on economic growth: comparison of fundamental equilibrium exchange rate and Balassa–Samuelson based Rodrik approach

open access: yesJournal of Applied Economics, 2021
This study reproduces the work of Dani Rodrik on real exchange rate undervaluation and economic growth for 93 countries over the period 1990–2018. While the empirical literature on the dynamics between the real exchange rate1 and economic growth is ...
Mehdi Seraj, Cagay Coskuner
doaj   +2 more sources

Natural Equilibrium Real Exchange Rate in Korea

open access: yesEast Asian Economic Review, 2006
This paper defines an equilibrium time path of the real effective exchange rate of the Korean won. Once we know the equilibrium real exchange rate of the Korean won, we can calculate the degree of its misalignment. An estimate of the NATREX (NATural Real
Changmo Ahn
doaj   +2 more sources

Real Effective Exchange Rate Determination in Indonesia: A Behavioral Equilibrium Exchange Rate Approach

open access: yesEconomic Journal of Emerging Markets, 2009
The aim of this paper is to analyze the determination of real effective exchange rate in Indonesia for the period 1994.1-2004.6 using behavioral approach.
Didi Nuryadin
doaj   +7 more sources

Real Effective Exchange Rate Misalignment of the Tunisian dinar [PDF]

open access: yesRomanian Economic Journal, 2021
In the Tunisian context, the issue of the misalignment of the real exchange rate has arisen for some time for some reason, a question that has intensified after the adoption of the floating regime.
Bouzid Amaira
doaj   +1 more source

REAL EXCHANGE RATE MISALIGNMENTS: THE CASE OF THE INDONESIAN RUPIAH

open access: yesBuletin Ekonomi Moneter dan Perbankan, 2021
This paper analyses the equilibrium price of the Indonesian Rupiah using the Synthetic Control Method (SCM) and assesses its misalignments. We find evidence of Rupiah misalignment, as the currency was undervalued for most periods, except for 1993-1996 ...
Rasbin Rasbin   +3 more
doaj   +1 more source

Determinants of the Real Equilibrium Exchange Rate in Albania: An Estimation Based on the Co-integration Approach [PDF]

open access: yesACRN Journal of Finance and Risk Perspectives, 2019
Problem/Relevance: Investigation of exchange rate behaviour has been an important topic in international monetary economics because of the impact of exchange rates on economies. One strand of the literature has focused on explaining the observed movement
Natasha Ahmetaj, Merita Bejtja
doaj   +1 more source

Deindustrialization, economic complexity and exchange rate overvaluation: the case of Brazil (1998-2017)

open access: yesPSL Quarterly Review, 2021
We analyze the determinants of the deindustrialization of the Brazilian economy in the period between 1998 and 2017. This is a typical example of ‘premature deindustrialization’ in the sense that the major reason for the fall in the manufacturing share ...
José Luis Oreiro   +2 more
doaj   +1 more source

Evaluation of Exchange Rate Regime’s Effect on Real Exchange Rate Misalignment: An Application of Propensity Score Matching Approach [PDF]

open access: yesفصلنامه پژوهش‌های اقتصادی ایران, 2022
Estimating the real exchange rate misalignment from the equilibrium value and exploring the factors affecting its changes is crucial for both economic policymakers and economic agents.
Seyed Hasan Malekhosseini   +3 more
doaj   +1 more source

Real exchange of rate of balance and misalignments: Lesson from the model VAR-ECM in the case of Tunisia [PDF]

open access: yesPanoeconomicus, 2008
Tunisia has experienced a performance when pursuing a constant real exchange rate rule. The limitations of this rule are beginning to emerge in the context of a more open economy, which desire to relax capital controls.
Charfi Marrakchi Fatma
doaj   +1 more source

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