Real exchange of rate of balance and misalignments: Lesson from the model VAR-ECM in the case of Tunisia [PDF]
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
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Determining The Real Exchange Rate Equilibrium for Pakistan
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
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Measuring real exchange rate misalignment in Croatia: cointegration approach
The purpose of the paper is to analyze misalignment of the real exchange rate in Croatia. The misalignment analysis is conducted using the permanent equilibrium exchange rate approach.
Irena Palić +2 more
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GROWTH EFFECTS OF CURRENCY MISALIGNMENT AND CAPITAL FLIGHT IN TURKEY
This study examines the growth effects of real exchange rate (RER) misalignment and capital flight in Turkey during the period 1981-2019. The World Bank’s residual method suggests that capital flight is a widespread problem in Turkey and the Single ...
Abdullahil Mamun +5 more
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Identification of Effective Factors on Real Exchange Rate Misalignment and Its Impact on Economic Growth in Iran [PDF]
The purpose of this survey is to determine of equilibrium real exchange rate, misalignment and impact of misalignment of real exchange rate on economic growth.
Manoochehr Asgari, Hamid Tofighi
doaj
Having an exchange rate close to its equilibrium is critical for foreign investors and policymakers during times of macroeconomic instability. This study measures the real exchange rate (RER) misalignment in eight Pakistani manufacturing industries from ...
Aqsa Shaukat +2 more
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Choice of the exchange policies in the developments countries: Study of the competitiveness of Tunisia [PDF]
After the collapse of the Breton Woods system, the increased fluctuations of the exchange rates pushed the developing countries to adopt exchange rate policies to avoid rocking of the balance of payments. Since 1973, Tunisia adopted fixed or intermediary
Benahji Sfaxi Hend
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In Search for a Measure of Currency Misalignment: the Case of the 1997 Asian Currency Crisis
The paper searches for an appropriate measure of currency misalignment in light of the 1997 Asian currency crisis. A couple of measures of currency misalignment, one based on purchasing power parity and the other based on equilibrium real exchange rate ...
Daekeun Park
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The behaviour of the real effective exchange rate of South Africa: Is there a misalignment?
This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With South Africa being an open emerging market economy closely linked with global markets, the country’s economy is susceptible to external ...
Melvin M. Khomo, Meshach Jesse Aziakpono
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Natural Equilibrium Real Exchange Rate in Korea
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
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