Results 1 to 10 of about 2,035,490 (307)
Mexico: Determinants of the real exchange rate, 2001.01-2022.12. [PDF]
PLoS ONE, 2023 We estimate the determinants (terms of trade, tradable to non-tradable price differentials, interest rate differentials, forward exchange rate and risk premium) of the Mexican bilateral real exchange rate (q) for the short and long run by using an ...
Eduardo Loría, Lorenzo Nalin
doaj +4 more sources
Explaining Real Exchange Rate Fluctuations [PDF]
Journal of Applied Economics, 2006 This paper attempts to explain the sources of real exchange rate fluctuations for a set of advanced economies and Central and Eastern European transition economies. To that end, we first estimate structural (identified) vector autoregression (SVAR) models, and decompose real and nominal exchange rate movements into those caused by real and nominal ...
Amalia Morales Zumaquero.
openaire +5 more sources
Exchange rate regime and real exchange rate behavior [PDF]
Economics Bulletin, 2009 This paper examines exchange rate regimes from the viewpoint of the validity of purchasing power parity (PPP). Specifically, we analyze real exchange rate behavior under various classifications of exchange rate arrangement through panel unit root tests, and also investigate the adjustment speed of nominal exchange rate and relative prices separately ...
Hiroyuki Taguchi +2 more
openaire +2 more sources
Deforestation and the real exchange rate [PDF]
Journal of Development Economics, 2008 Deforestation is a phenomenon that has largely been concentrated in the developing world. We construct a theoretical model of deforestation that focuses on the factors affecting the incentives to transform forested land into agricultural land. We show that: (i) lower discount rates and stronger institutions decrease deforestation; (ii) depreciations in
Jean-Louis ARCAND +2 more
openaire +6 more sources
The impact of real exchange rates on real stock prices [PDF]
Journal of Economics Finance and Administrative Science, 2022 Purpose – The study examines the impact of real exchange rates and asymmetric real exchange rates on real stock prices in Malaysia, the Philippines, Singapore, Korea, Japan, the United Kingdom (UK), Germany, Hong Kong and Indonesia.
Hock Tsen Wong
doaj +1 more source
Economic 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
The “real” exchange rate regime in China since 2015′s exchange rate reform
Asia and the Global Economy, 2023 Moving away from a fixed exchange rate in 2005, China has gradually enlarged the band of fluctuations of Renminbi (RMB) and implemented various reforms on its central parity to have a more flexible exchange rate regime.
Jinzhao Chen
doaj +1 more source
Real exchange rate misalignments [PDF]
International Review of Economics & Finance, 2010 Abstract This paper investigates episodes of real exchange rate appreciations and depreciations for a sample of 85 countries from 1960 to 1998. A Markov Switching Model is used to characterize real exchange rate misalignment series as stochastic autoregressive processes governed by two states corresponding to different means and variances.
Terra, Maria Cristina T. +1 more
openaire +2 more sources
Persistent real exchange rates [PDF]
Journal of International Economics, 2006 Three well known facts that characterize exchange rate data are: (a) the high correlation between bilateral nominal and real exchange rates; (b) the high degree of persistence in real exchange rate movements; and (c) the high volatility of real exchange rates. This paper attempts a joint, albeit partial, rationalization of these facts in an environment
Alok Johri, Amartya Lahiri
openaire +1 more source
Scientific Annals of Economics and Business, 2021 The study aims to investigate the validity of the Balassa-Samuelson Effect in a sample of five African countries, the Democratic Republic of Congo, Mauritius, Morocco, South Africa and Tunisia for the period 1991 to 2016.
Joel Hinaunye Eita +2 more
doaj +1 more source