Showing 1 - 10 of 25
This paper aims to establish particularities for the relationship between exchange rate volatility and the international trade in Romania. Currency depreciation, normally, should stimulate exports, because they become cheaper to foreign products and to discourage imports because they will spend...
Persistent link: https://www.econbiz.de/10015225411
This paper tests for the existence of a non-linear pattern in the process of real economic convergence. It uses a sample of 88 countries for the period 1980-1999.
Persistent link: https://www.econbiz.de/10008464158
This study offers from the beginning a survey about the institutional construction in the pre- and post-adhesion stages to European Economic and Monetary Union, about the exchange rate mechanism applied by the different countries and about convergence criteria.
Persistent link: https://www.econbiz.de/10008464245
Persistent link: https://www.econbiz.de/10009130899
Persistent link: https://www.econbiz.de/10003390818
This paper deals with the Balassa-Samuelson effect in Romania. Using the cointegration technique, the main conclusions of the paper are that in the period 1998-2006 the average annual rate of inflation generated by the Balassa-Samuelson effect in Romania was between 0.11% in 2005 and 0.9% in...
Persistent link: https://www.econbiz.de/10015219053
This paper reviews a part of the most important literature on the impact of exchange rate volatility over exports. The first section reviews particularities and limits in the literature about the connection between the two variables, while the second part reviews the effects of exchange rate...
Persistent link: https://www.econbiz.de/10015225406
Connection between interest rate and foreign exchange is important because of the economic volatility of the two variables, which has an impact on several macroeconomic indicators: inflation, real income, exports and imports. This papers aims to establish a series of characteristics regarding...
Persistent link: https://www.econbiz.de/10015225409
This paper estimates using econometric techniques the equilibrium exchange rate in Romania based on fundamentals. The cointegration technique lead to the conclusion that an increase in relative prices differential between Romania and Euro zone and an increase in net foreign assets of the banking...
Persistent link: https://www.econbiz.de/10015235971
In the last decades, the use of the exchange rates as nominal anchors to tie down the prices seemed to experience a decline. However, the exchange rates targeting could become a solution for some countries in dealing with the actual circumstances. In this paper we approach some key elements of...
Persistent link: https://www.econbiz.de/10015240216