Results 1 to 10 of about 1,386,610 (208)
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
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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
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Jurnal Ekonomi Pembangunan, 2022 Financial deepening is a benchmark for seeing the role of financial services in the economy, as measured by the ratio between the money supply (M2) and Gross Domestic Product (GDP).
Devi Putri +2 more
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The impact of exchange rate misalignments on manufacturing investment in Brazil
Brazilian Journal of Political Economy, 2022 We analyze the hypothesis that variations on manufacturing investment are influenced by the difference between the real effective and industrial equilibrium exchange rates and by the difference between the current account and industrial equilibrium ...
NELSON MARCONI +2 more
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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.
Bob Krebs +4 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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Fertility and the real exchange rate [PDF]
Canadian Journal of Economics/Revue canadienne d'économique, 2009 Abstract We use a quinquennial data set covering 87 countries between 1975 and 2005 to investigate empirically the relationship between fertility and the real effective exchange rate. Theoretically, a country experiencing a decline in its fertility rate can be expected to experience a real depreciation.
Andrew K. Rose +2 more
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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
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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.
Cristina Terra +2 more
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On the asymmetric effect of real exchange rate on growth: Evidence from Africa
Economic Journal of Emerging Markets, 2022 Purpose ― This study investigates the asymmetric effect of real exchange rates on the economic growth of twenty African countries for the period 2005 to 2019.
James Temitope Dada
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