Aleisa, Eisa; Dibooĝlu, Sel - In: Journal of Economics and Finance 26 (2002) 1, pp. 101-110
The paper investigates the sources of real exchange rate movements in Saudi Arabia by decomposing real exchange rate movements into those attributable to real and nominal shocks. Using a popular structural VAR model and assuming long-run neutrality of nominal shocks, we find that real shocks...