Currency misalignments have been one of the focal points of interest in the literature devoted to the CFA Franc zone. Less attention has been paid, however, to the convergence process of real exchange rates towards equilibrium. In this paper, we analyze the short-run dynamics of real exchange...

The deforestation factors at a global level have been widely studied in the empirical economic literature. However, the high heterogeneity among countries considerably limits the overall significance of the results. Using quantile approach, we show thatsome major deforestation factors are more...