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Persistent link: https://www.econbiz.de/10010502203
We assess the behavior of real effective exchange rates (REERs) of members of the CEMAC zone with respect to their long-term equilibrium paths. A reduced form of the fundamental equilibrium exchange rate (FEER) model is estimated and associated misalignments are derived for the period 1980 to...
Persistent link: https://www.econbiz.de/10013043660
With the spectre of the Euro crisis hunting embryonic monetary unions, we use a dynamic model of a small open economy to analyze REERs imbalances and examine whether the movements in the aggregate real exchange rates are consistent with the underlying macroeconomic fundamentals in the proposed...
Persistent link: https://www.econbiz.de/10013032550
The study complements the extant literature by constructing Covid-19 economic vulnerability and resilience indexes using a global sample of 150 countries which are categorized into four principal regions, namely: Africa, Asia-Pacific and the Middle East, America and Europe. Seven variables are...
Persistent link: https://www.econbiz.de/10012294987
Persistent link: https://www.econbiz.de/10012254358
The EMU crisis holds special lessons for existing monetary unions. We assess the behavior of real effective exchange rates (REERs) of members of the Central African Economic and Monetary Community (CEMAC) zone with respect to their long-term equilibrium paths. A reduced form of the fundamental...
Persistent link: https://www.econbiz.de/10012111601
The EMU crisis holds special lessons for existing monetary unions. We assess the behavior of real effective exchange rates (REERs) of members of the Central African Economic and Monetary Community (CEMAC) zone with respect to their long-term equilibrium paths. A reduced form of the fundamental...
Persistent link: https://www.econbiz.de/10012847248
Persistent link: https://www.econbiz.de/10012259696
We assess the correlations between mobile banking and inclusive development (poverty and inequality) in 93 developing … findings are established. First, the increased use of mobile phones to pay bills is negatively correlated with: (i) poverty in ….646 and 0.761. Second, the increased use of mobile phones to send/receive money is negatively correlated with: (i) poverty in …
Persistent link: https://www.econbiz.de/10011638880
between mobile and inclusive development (quality of growth, poverty and inequality) in 93 developing countries for the year …/receive money is negatively associated with poverty in Asia and Pacific (AP) and Central and Eastern Europe (CEE). Originality …
Persistent link: https://www.econbiz.de/10011638884