Shaukat, Aqsa; Ahmad, Eatzaz; Malik, Waseem Shahid - In: Cogent Business & Management 9 (2022) 1, pp. 1-26
Having an exchange rate close to its equilibrium is critical for foreign investors and policymakers during times of macroeconomic instability. This study measures the real exchange rate (RER) misalignment in eight Pakistani manufacturing industries from January 2002 to June 2020. The ARDL...