Real-Exchange-Rate Misalignments and Growth [PDF]
Сегодня концепция отклонения реального курса от своего равновесного уровня (real exchange rate misalignment) является стандартной в международной макроэкономической теории и политике. Однако до сих пор нет единого мнения по поводу того, что считать показателем отклонения и как его строить.
Ofair Razin, Susan M. Collins
openaire +2 more sources
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
doaj +1 more source
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
doaj +1 more source
Real exchange rate misalignment and redistribution [PDF]
Abstract Developing countries frequently maintain an overvalued nominal exchange rate, resulting in real exchange rate misalignment. To finance import demand at the overvalued exchange rate, countries have to raise the level of income taxation or they have to resort to monetary finance.
openaire +7 more sources
Does an undervalued currency merit economic growth?: Evidence from Taiwan [PDF]
Whether an undervalued currency is an attainable industrial policy for developing countries’ sustained development has recently invoked many discussions.
Yan Ho-Don, Yang Cheng-Lang
doaj +1 more source
The Impact of Currency Misalignment on Trade Balance of Emerging Market Economies
This study is an attempt to examine the impact of currency misalignment on the trade balance of emerging market economies from 1980 through 2016. It firstly measures the equilibrium RER and corresponding misalignment series of 21 EMEs separately adopting
Abdullahil Mamun +2 more
doaj +1 more source
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
doaj +1 more source
Taxa real de câmbio, desalinhamento cambial e crescimento econômico no Brasil (1994-2007)
Real exchange rate, exchange rate misalignment and economic growth in Brazil: 1994-2007. In this article we argue that the Brazilian economy presented in the period 1994-2007 a tendency of real exchange rate appreciation with respect to its equilibrium ...
José Luis Oreiro +3 more
doaj +1 more source
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
Current equilibrium exchange rate in Colombia (2000-2020)
Using estimations by Bresser-Pereira et al. (2021), this paper analyses the misalignment between the real exchange rate and the current account equilibrium exchange rate in Colombia in the last two decades (2000-2020).
GONZALO HERNÁNDEZ
doaj +1 more source

