Results 21 to 30 of about 467,808 (259)
Testing of real exchange rate - real interest rate differential relationship in Serbia-EMU case
Industrija, 2013 The goal of this study is to investigate whether there are empirical proofs for sustainability of real exchange rate - real interest rate differential relation in Serbia – EMU case for the period between January 2007 and May 2012.
Predrag M Petrović
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Nonlinearities and Real Exchange Rate Dynamics [PDF]
Journal of the European Economic Association, 2003 We confirm the presence of substantial nonlinearities in real exchange rate dynamics at the sectoral level. There exists zones where arbitrage is not profitable because of transaction costs, and thus mean reversion is inexistent. We compute the speed of mean reversion of sector specific real exchange rates, conditional on the existence of arbitrage as ...
Imbs, J. +3 more
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Exchange Rate Regimes and the Real Exchange Rate [PDF]
Journal of Economic Integration, 1995 It is well established now that the (nominal) exchange rate regime has important implications for the behavior of real exchange rates. Two key stylized facts in this regard are that real exchange rate variability is greater under flexible exchange rates than under fixed exchange rates and that real and nominal exchange rate movements are positively ...
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Modeling Real Exchange Rate Persistence in Chile
Econometrics, 2017 The long and persistent swings in the real exchange rate have for a long time puzzled economists. Recent models built on imperfect knowledge economics seem to provide a theoretical explanation for this persistence.
Leonardo Salazar
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Importance of the Debt-Adjusted Real Exchange Rate in the Eurozone and V4
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2017 The purpose of this paper is to determine a potential overvaluation and undervaluation of currencies of selected eurozone countries and of the Visegrád Four.
Patrik Abrahámek
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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 ...
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Industrija, 2013 The focus of this research holds the most important determinants of real exchange rate covered by various theoretical models. The empirical testing was carried out on the real exchange rate between RSD and Euro for the period from January 2007 to ...
Predrag Petrović
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REAL EXCHANGE RATE VARIABILITY AND THE CHOICE OF EXCHANGE RATE REGIME IN IRAN [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2003 Journal: IRANIAN ECONOMIC RESEARCH Summer 2003 , Volume 5 , Number 15; Page(s) 121 To 141. Paper: REAL EXCHANGE RATE VARIABILITY AND THE CHOICE OF EXCHANGE RATE REGIME IN IRAN Author(s): JABAL AMELI FARKHONDEH*, BARADARAN SHORAKA H ...
Farkhondeh Jabal Ameli +1 more
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Capital flows, exchange rate flexibility, and the real exchange rate
Journal of Macroeconomics, 2011 This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private flows are associated with a real exchange rate appreciation.
Jean-Louis Combes +2 more
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Natural Equilibrium Real Exchange Rate in Korea
East Asian Economic Review, 2006 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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