The behavior of real exchange rates: the case of Japan [PDF]
The study examines the convergence rate of mean reversion by contrasting the estimated half-life of real exchange rate (RER). We employ an extensive monthly consumer price index (CPI)-based product price’s panel for Japan (the U.S. as the num´eraire). We
Chang, Ming Jen +2 more
core
Determination of reactivity rates of silicate particle-size fractions
The efficiency of sources used for soil acidity correction depends on reactivity rate (RR) and neutralization power (NP), indicated by effective calcium carbonate (ECC).
Angélica Cristina Fernandes Deus +3 more
doaj +1 more source
Capital inflows and exchange rate in LDCs: The Dutch disease problem revisited [PDF]
In this paper, the link between capital inflows and real exchange rate movements in LDCs is revisited theoretically and empirically. On the theoretical side we present a simple model to show that the real exchange rate depends mainly on "real ...
Hamidreza Tabarraei, Mouhamadou Sy
core
International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries: Some Panel Evidence [PDF]
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and
Caporale, Guglielmo Maria +2 more
core +3 more sources
Factores Macroecon�micos en Retornos Accionarios Chilenos [PDF]
We evaluate the growth effects of real exchange rate (RER) misalignments and their volatility. We calculate RER misaligments as deviations of actual RERs from their equilibrium for 60 countries over 1965-2003 using panel and time series cointegration ...
Jorge Gregoire +2 more
core
Assessing the Real Exchange Rate Misalignments: Is Real Undervaluation of the Currency Likely and Can It Be Sustained? [PDF]
There is a renewed debate on the role of exchange rate policies as industrial policy tools in both academic and policy circles. Policy practitioners usually examine real exchange rate (RER) misalignments to monitor the behavior of this key relative price
Megumi Kubota
core
Net foreign assets, productivity and real exchange rates in constrained economies [PDF]
Empirical evidence suggests that real exchange rates (RER) behave differently in developed and developing countries. We develop an overlapping generations two-sector exogenous growth model in which RER determination may depend on the country's capacity ...
Christopoulos, Dimitris K. +2 more
core
The Effects of Real Exchange Rate on Trade Balance in Cote d’Ivoire: Evidence from the Cointegration Analysis and Error-Correction Models. [PDF]
This paper investigates the effect of real exchange rate on the balance of trade of Cote d’Ivoire using multivariate cointegration tests and vector error correction models with time series data covering the periods of 1975-2007. Our investigation results
Drama, Bedi Guy Herve
core +1 more source
The Liberalization of the Current Capital Accounts and the Real ExchangeRate [PDF]
In this paper a general equilibrium intertemporal model with optimizing consumers and producers is developed to analyze how different policies geared at liberalizing the current and capital accounts of the balance of payments affect the equilibrium real ...
Sebastian Edwards
core
Government Spending and the Real Exchange Rate: a Cross - Country Perspective [PDF]
In this paper we study, from an empirical point of view, the determinants of the real exchange rate (RER). Relative to the vast previous literature on this topic we aim to distinguish the impact of two important components of government expenditure ...
Miguel Fuentes, Rodrigo Caputo
core

