Results 261 to 270 of about 7,074,998 (301)

On the Determinants of Exchange Rate Misalignments [PDF]

open access: yesApplied Economics Letters, 2013
The literature on exchange rate misalignments is very extensive as well as the literature on exchange rate determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. As huge capital inflows have been pouring into emerging countries since the climax of the crisis, exchange rate misalignments are ...
Jamel Saadaoui, Jacques Mazier
exaly   +7 more sources

Exchange Rate Misalignment—The Case of the Chinese Renminbi [PDF]

open access: yesSSRN Electronic Journal, 2012
Assessing exchange rate misalignment is not an easy task. With reference to the debate on the value of China's currency, the renminbi (RMB), this article highlights a few challenges in properly assessing the extent of currency misalignment. The results derived from the fundamental equilibrium exchange rate (FEER) approach and the Penn effect regression
Yin-Wong Cheung
exaly   +4 more sources

Exchange rate misalignment in Egypt

2023
This dissertation presents an empirical investigation of the behavior of the real exchange rate and extent of exchange rate misalignment in Egypt. Two behavioral-based models of equilibrium real exchange rate determination are estimated. First, we use the Equilibrium Real Exchange Rate single-equation approach due to Edwards (1988).
openaire   +1 more source

Pitfalls in Measuring Exchange Rate Misalignment [PDF]

open access: possibleOpen Economies Review, 2008
We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for, there is little statistical evidence that the RMB is ...
Yin-Wong Cheung   +2 more
openaire   +1 more source

Real Exchange Rate Misalignment and Economy

Journal of Economic Studies, 2019
PurposeThe purpose of this paper is to examine the impact of real exchange rate misalignment on economy and economic sectors, namely construction, manufacturing and mining and quarrying in Malaysia.Design/methodology/approachThe equilibrium real exchange rate and economic models are estimated using the autoregressive distributed lag approach.FindingsAn
exaly   +2 more sources

Real Exchange Rate Behaviour and Exchange Rate Misalignments in Bangladesh

The Bangladesh Development Studies, 2001
The paper adopts a single equation approach to examine the real exchange rate behaviour and exchange rate misalignment in Bangladesh. The paper finds that real exchange rate and the macroeconomic fundamentals affecting real exchange rate form a cointegrating vector.
A. K. M. Atiqur Rahman, Syed Abul Basher
openaire   +1 more source

Exchange Rate Misalignment in Nepal

Journal of South Asian Development, 2014
Nepal has a large and persistently growing trade deficit with India and an overall negative trade balance. Its economy is growing slowly relative to India’s, while the exchange rate is pegged with India at a parity that is believed to be overvalued.
openaire   +1 more source

Exchange rate misalignments and global imbalances

2020
The chapter presents an evaluation of the global imbalances using the notion of Fundamental Equilibrium Exchange Rate (FEER), defined as the level of the exchange rate which allows the economy to reach the internal and external equilibrium simultaneously.
Jacques Mazier, Jamel Saadaoui
openaire   +2 more sources

Financial Premium and Real Exchange Rate Misalignment

Journal of Economics, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +1 more source

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