Results 11 to 20 of about 2,035,490 (307)
Real Effective Exchange Rate Misalignment of the Tunisian dinar [PDF]
Romanian 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
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Democratization and Real Exchange Rates, [PDF]
Scottish Journal of Political Economy, 2012 AbstractIn this article, we combine two so far separate strands of the economic literature and argue that democratization leads to a real exchange rate appreciation. We test this hypothesis empirically for a sample of countries observed from 1980 to 2007 by combining a difference‐in‐difference approach with propensity score matching estimators.
Furlan, Benjamin +3 more
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Understanding European Real Exchange Rates [PDF]
American Economic Review, 2005 We study good-by-good deviations from the Law-of-One-Price (LOP) for over 1,800 retail goods and services between all European Union (EU) countries for the years 1975, 1980, 1985, and 1990. We find that for each of these years, after we control for differences in income and value-added tax (VAT) rates, there are roughly as many overpriced goods as ...
Crucini, Mario J. +5 more
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REAL EXCHANGE RATE MISALIGNMENTS: THE CASE OF THE INDONESIAN RUPIAH
Buletin 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
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Real exchange rates and skills [PDF]
Journal of International Money and Finance, 2016 While most of the literature on the determination of real exchange rates is focused on the role of standard macroeconomic variables, there exists however a few papers that are more concerned by the impact of factors which are usually considered to play a key role in the process of economic development, like demography or inequality.
Bodart, Vincent +1 more
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Persistence in real exchange rate convergence [PDF]
Studies in Nonlinear Dynamics and Econometrics, 2014 AbstractIn this paper we use a long memory framework to examine the validity of the Purchasing Power Parity (PPP) hypothesis using both monthly and quarterly data for a panel of 47 countries over a 50 year period (1957–2009). The analysis focuses on the long memory parameter d that allows us to obtain different convergence classifications depending on ...
Thanasis Stengos, M. Ege Yazgan
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China’s real exchange rate [PDF]
, 2007 International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should be associated with a real exchange rate appreciation. This hinges on the Balassa-Samuelson hypothesis under which economic growth, stemming from improvements in traded sector productivity, causes non-traded prices to rise.
Golley, Jane, Tyers, Rod
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Determining The Real Exchange Rate Equilibrium for Pakistan
JISR 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
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Evaluation of Exchange Rate Regime’s Effect on Real Exchange Rate Misalignment: An Application of Propensity Score Matching Approach [PDF]
فصلنامه 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
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Real exchange rate volatility, financial crises and exchange rate regimes [PDF]
Applied Economics, 2014 This paper examines real exchange rate (RER) volatility in eighty countries around the world, during the period 1970 to 2011. Two main questions are raised: are structural breaks in RER volatility related to changes in exchange-rate regimes or financial crises? And do these two events affect the permanent and transitory components of RER volatility? To
Morales-Zumaquero, Amalia +1 more
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