Results 11 to 20 of about 1,518,686 (287)
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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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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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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PVAR model with collapsed instruments in the real exchange rates misalignment's analysis
Croatian Operational Research Review, 2022 The causes and the consequences of the real exchange rates misalignment's of European Union (EU) members were examined in this paper by implementing stationary panel vector autoregression (PVAR) model with fixed effects.
Joisp Arnerić, Antoni Šitum
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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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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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Determinants of the ZAR/USD exchange rate and policy implications: A simultaneous-equation model
Cogent Economics & Finance, 2016 This paper examines the determinants of the South African rand/US dollar (ZAR/USD) exchange rate based on demand and supply analysis. Applying the EGARCH method, the paper finds that the ZAR/USD exchange rate is positively associated with the South ...
Yu Hsing
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Quantile regression approach in investigation of the effects of oil price shocks on exchange rates of selected OPEC member countries [PDF]
مدلسازی اقتصادسنجی, 2020 This article investigates the effects of oil price shocks on different quantiles of real exchange rates of selected OPEC member countries (Islamic republic of Iran, Nigeria, Algeria and Saudi Arabia) from January 1993 to December 2018 with quantile ...
Masoud Amani +2 more
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Causal Relationships between Oil Prices and Key Macroeconomic Variables in India
International Journal of Financial Studies, 2023 India is among the largest and fastest-growing economies in the world. To continue its growth, energy is and will continue to be one of its most important considerations.
Kamal P. Upadhyaya +2 more
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Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2012 This paper focuses on the intra-euro-area imbalances. Therefore the first aim of this paper is to identify euro-area countries exhibiting macroeconomic imbalances.
Klára Plecitá, Luboš Střelec
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