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Nominal and Real Exchange Rate Models in South Africa: How Robust are they?
Egert, Balazs - CESifo - 2012
This paper addresses difficulties in modelling exchange rates in South Africa. Real exchange rate models of earlier research seem to be sensitive to the sample period considered, alternative variable definition, data frequency and estimation methods. Alternative exchange rate models proposed in...
Persistent link: https://www.econbiz.de/10010554826
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Real Exchange Rates in Small Open OECD and Transition Economies: Comparing Apples with Oranges?
Egert, Balazs; Lommatzsch, Kirsten; Lahrèche-Révil, Amina - CESifo - 2007
We find that productivity gains in tradables cause an appreciation of the real exchange rate via both tradable and …
Persistent link: https://www.econbiz.de/10005405897
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Modeling Institutions, Start-Ups and Productivity during Transition
Brixiova, Zuzana; Egert, Balazs - CESifo - 2010
, rapidly narrowed the productivity gap with advanced economies. In contrast, in countries of the Commonwealth of Independent … States, which embarked on reforms later and contented with less depth, the productivity gap remains substantial. While the …
Persistent link: https://www.econbiz.de/10008572571