Exchange rate determination and the flaws of mainstream monetary theory
Developing countries in general need flexibility and a sufficient number of instruments to prevent excessive volatility. Evidence does not support the orthodox belief that, with free floating, international financial markets will perform that role by ...
HEINER FLASSBECK
doaj +1 more source
Improved Skills for Predicting Sub‐Seasonal to Seasonal Global Sea Surface Temperature
Addressing the critical Sub‐seasonal to Seasonal predictability gap, this study presents CAS‐Canglong, a novel deep learning framework. By leveraging 3D Swin‐Transformers to capture long‐range ocean interactions, the model demonstrates superior skill over traditional GCMs.
Longhao Wang +6 more
wiley +1 more source
The effects of real exchange rate misalignment and real exchange volatility on exports [PDF]
This paper uses panel data cointegration techniques to study the impacts of real exchange rate misalignment and real exchange rate volatility on total exports for a panel of 42 developing countries from 1975 to 2004.
Diallo, Ibrahima Amadou
core
From Artificial to Embodied and Physical Intelligence in Smart Manufacturing
Smart manufacturing is reframed through complementary artificial, embodied, and physical intelligence, spanning computational reasoning, perception‐action coupling, and material‐level adaptation. Their integration across design, fabrication, operation, and maintenance reveals how intelligence can be co‐designed across algorithms, embodied agents, and ...
Kang Wang +9 more
wiley +1 more source
Equilibrium exchange rate and misalignment In selected MENA countries [PDF]
The purpose of this paper is to estimate the equilibrium real exchange rate and derive the degree of misalignment for five MENA currencies: the Algerian Dinar, the Moroccan Dirham, the Egyptian Pound, the Tunisian Dinar and the Turkish lira.
Achy, Lahcen
core
Advances in Josephson Junction Materials and Processes Toward Practical Quantum Computing
Emerging materials for quantum computing, including crystalline materials, two‐dimensional van der Waals materials, two‐dimensional electron gas systems, ferromagnets, and unconventional (e.g., d‐wave) superconductors, offer opportunities to engineer next‐generation Josephson junctions.
Hyunseong Kim +11 more
wiley +1 more source
Behavior Equilibrium Exchange Rate and Misalignment of Renminbi: A Recent Empirical Study [PDF]
This paper employs the behavioral equilibrium exchange rate (BEER) model to estimate the equilibrium real exchange rate of Renminbi (RMB) and the exchange rate misalignment in China, which covers the period from 1994q1 to 2006q2.
Jinzhao Chen
core
Real Exchange Rate Misalignment and Economic Fundamentals in Korea
This study analyzes the response of economic fundamentals to a misalignment shock of the real effective exchange rate in Korea. The estimation results of the equilibrium exchange rate determination model and time series model show that there is no ...
Keun Yeong Lee
doaj +1 more source
ABSTRACT The USDA's Conservation Reserve Program (CRP) delivers environmental benefits to society by enrolling cropland and grasslands to reestablish or safeguard long‐term vegetative cover. In recent years, the CRP has dramatically increased grassland enrollment while cropland enrollment has been in steady decline. This paper uses descriptive analysis,
Wesley Zebrowski +2 more
wiley +1 more source
Implications of real exchange rate misalignment in developing countries: theory, empirical evidence and application to growth performance in Zimbabwe [PDF]
The influence of exchange rate signals in an economy is very powerful and often pervasive. Moreover, sustained real exchange rate overvaluation, will, by distorting resource allocation away from productive activities, eventually lead to drastic ...
Ndlela, Thandinkosi
core

