Hosni, Rana - In: Organizations and markets in emerging economies 12 (2021) 2, pp. 305-331
equilibrium level and illustrate the magnitude of any currency misalignments. The second is to search for the different phases of … over- and undervaluation of the local currency and explain the accompanying economic policies and/or factors leading to … directed to address the misalignment of the local currency. An autoregressive distributed lag (ARDL) bound test approach is …