-American countries, I investigate how the choice of exchange rate regime affects firms' foreign currency borrowing decisions and the … associated currency mismatches in their balance sheets. I find that after countries switch from pegged to floating exchange rate … in foreign currency and export revenues--effectively reducing their vulnerability to exchange rate shocks. More broadly …

measures of transparency or independence, as well as monetary policy or exchange rate regime classifications. Comparing the …

The determination of the equilibrium real exchange rate is one of the most important issues in open economy since the … impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel … exchange rate (REER) misalignments according to the behavioral equilibrium exchange rate approach for each country. One of the …

Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE …