Ambaw, Dessie Tarko; Pundit, Madhavi; Ramayandi, Arief; … - 2022
impact of RER misalignment on business cycles in Asia and the Pacific by employing a panel vector autoregression involving … overvaluation may lead to a reduction in CPI inflation and short-term interest rate. We also find that Asia and the Pacific is … highly heterogeneous wherein the output gaps of some economies, particularly those in Southeast Asia, are more susceptible to …