Mamun, Abdullahil; Akça, Emrah Eray; Bal, Harun - In: Organizations and markets in emerging economies 12 (2021) 2, pp. 285-304
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 a single equation approach and then...