Showing 81 - 90 of 74,963
of Renminbi (RMB) and the exchange rate misalignment in China, which covers the period from 1994q1 to 2006q2. Using the … exchange rate has been under-valuated during the most part of sample period, but this misalignment has a trend to become …
Persistent link: https://www.econbiz.de/10005482025
This paper estimates the equilibrium real exchange rate and the resulting real exchange rate misalignment in Namibia …
Persistent link: https://www.econbiz.de/10005773205
exchange rate misalignment in China from 1994Q1 to 2007Q4. The main findings of the article are that RMB was overvalued during …
Persistent link: https://www.econbiz.de/10008494333
-run monetary model, we calculate misalignment from the estimated long-run relationship to evaluate whether the lira was overvalued … before the eve of the 2001 financial crisis in Turkey. Calculated misalignment shows a substantial overvaluation of the lira …
Persistent link: https://www.econbiz.de/10008495699
Yuan real effective exchange rate misalignment is esitimated in a behavioral equilibrium exchange rate (BEER) model for …, and it is sticky, taking over five years to correct 50% of the short run misalignment, it does not appear to have been …
Persistent link: https://www.econbiz.de/10008529011
how to quantify the likely impact of misalignment on exports and long-run economic growth. Despite the substantial number … methodology to modeling the misalignment of the RER to overcome the problem of scaling arising for estimated cointegration models … and compute confidence intervals for the misalignment, allowing for flexible (as opposed to the standard fixed) speed of …
Persistent link: https://www.econbiz.de/10005129778
The paper examines misalignment of the Turkish lira between 1998 to 2008. Misalignment, specifically overvaluation has … floating exchange rate regime, we contribute to the literature on the relation between misalignment and exchange rate regimes …. We first estimate the equilibrium real exchange rate for Turkey, then compute misalignment and finally test for …
Persistent link: https://www.econbiz.de/10011111300
This study documents a quantitative analysis of exchange rate volatilities and misalignment in Uzbekistan for the … period of 1994q3–2005q2. The results suggest thatthe real exchange rate volatility and misalignment have depressing effects …
Persistent link: https://www.econbiz.de/10005623237
periods, and remains low. Whereas pass-through effects where high and close to 1 in the high-inflation period, they seem to … Industrialization (ISI) period of the 1950s and 1960s. Conventional results suggests that low and stable inflation environments lead to … rates in order to control the exchange rate. This paper suggests that 'fear of inflation' provides justification for the …
Persistent link: https://www.econbiz.de/10010288059
periods, and remains low. Whereas pass-through effects where high and close to 1 in the high-inflation period, they seem to … Industrialization (ISI) period of the 1950s and 1960s. Conventional results suggests that low and stable inflation environments lead to … rates in order to control the exchange rate. This paper suggests that ‘fear of inflation’ provides justification for the …
Persistent link: https://www.econbiz.de/10005434813