Monetary policy regimes encompass the constraints or limits imposed by custom, institutions and nature on the ability of the monetary authorities to influence the evolution of macroeconomic aggregates. This chapter surveys the historical experience of both international and domestic (national)...

Korean Abstract: 최근 우리 경제의 수출호조 및 내수부진에 대한 원인으로는 산업연관관계의 약화 등 경제구조적 접근과 외환위기 이후 환율상승이 수입 자본재 가격 상승과 실질소득의 둔화를 통해 내수를 위축시켰다는...

This paper investigates the link among Spanish effective real exchange rate relative to the EU, the terms of trade and real interest differentials over the period 1980-1994.

The present study re-estimated the import demand function for Pakistan on the basis of quarterly time series data by employing autoregressive distributed lag approach. The present study draws various significant conclusions from the estimation of aggregate merchandized import demand function....

The present study re-estimated the import demand function for Pakistan on the basis of quarterly time series data by employing autoregressive distributed lag approach. The present study draws various significant conclusions from the estimation of aggregate merchandized import demand function....

The exposure to exchange rates remains an unresolved issue in international trade literature. The issue is particularly relevant to China and Malaysia, whom relaxed their USD pegging the same day in the mid of 2005. Our paper investigates the exchange rate exposure of China-Malaysian bilateral...

Bu çalışmanın amacı, seçilmiş gelişmekte olan ülkeler için 1980-2009 dönemine ait verileri kullanarak reel efektif döviz kuru (REER) ile ihracat ve ithalat arasındaki ilişkiyi incelemektir. Bu amaçla vektör hata düzeltme modeli (VECM), standart Granger nedensellik modeli ve...

Economic time series are, in their vast majority, integrated series so, their modelling procedure stumbles upon the problem of spurious regression. When existent, cointegration is the simplest way of eliminating the illogical correlation established between time series due to the presence of...