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This paper aims to estimate the equilibrium real exchange rate for the United States economy. The equilibrium exchange rate is defined as the level of exchange that guarantees that the net foreign asset position is stable over time. An econometric model is estimated using multivariate and...
Persistent link: https://www.econbiz.de/10009410457
The real exchange rate (RER) can be considered one of the most important relative price of economics, given the influence it exerts on many other prices and variables, and may be overvalued, among other factors, as a symptom of the existence of a Dutch disease process. Thus, seeking to prove...
Persistent link: https://www.econbiz.de/10010403982
In this study we examine how the use of private and public transport has changed since the early 2000s in Brazilian cities. We analyzed data on the changing patterns of consumption of transportation goods and services by Brazilian families over the last 20 years. We also analyzed how urban...
Persistent link: https://www.econbiz.de/10012613120