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misalignment could have a negative impact on export performance in developing Asia. With its implications on economic activity …
Persistent link: https://www.econbiz.de/10010507270
misalignment could have a negative impact on export performance in developing Asia. With its implications on economic activity …
Persistent link: https://www.econbiz.de/10008487599
misalignment could have a negative impact on export performance in developing Asia. With its implications on economic activity …
Persistent link: https://www.econbiz.de/10014045285
This study researches the effects of changes in the exchange rate on the trade balance after the transition to the floating exchange rate in the Turkish economy. For this purpose, ARDL and ECM models have been developed by using quarterly data from 2003 through 2018. The starting point of the...
Persistent link: https://www.econbiz.de/10012210658
Persistent link: https://www.econbiz.de/10012665661
This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a...
Persistent link: https://www.econbiz.de/10013317719
in the model. The estimation results show that compositions of capital flows matter in determining impacts of the flows … estimation results also show that capital outflows bring about a greater degree of exchange rate adjustment than capital inflows …
Persistent link: https://www.econbiz.de/10008658810
in the model. The estimation results show that compositions of capital flows matter in determining impacts of the flows … estimation results also show that capital outflows bring about a greater degree of exchange rate adjustment than capital inflows …
Persistent link: https://www.econbiz.de/10013138146
International relative prices across industrialized countries show large and systematic deviations from relative purchasing power parity. We embed a model of imperfect competition and variable markups in a quantitative model of international trade. We find that when our model is parameterized to...
Persistent link: https://www.econbiz.de/10012770991
implications, such as a reduction in economic growth, exports and export diversification, and an increased risk of currency crises … impact of RER misalignment on business cycles in Asia and the Pacific by employing a panel vector autoregression involving … overvaluation may lead to a reduction in CPI inflation and short-term interest rate. We also find that Asia and the Pacific is …
Persistent link: https://www.econbiz.de/10012887804