Similar Search Results

Real Exchange rate Misalignment and sectoral Output in Zimbabwe

Masunda, Stein - Volkswirtschaftliche Fakultät, … - 2010

exchange rate misalignment is harmful to sectoral output.. The study indicated instead of undervaluation necessitating sectoral …

Persistent link: https://www.econbiz.de/10008678276

Modeling Equilibrium Real Exchange Rates

Soto, Raimundo; Elbadawi, Ibrahim - Econometric Society - 2004

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 behaviour of the real effective exchange rate of South Africa : is there a misalignment?

Khomo, Melvin M.; Aziakpono, Meshach Jesse - In: Cogent economics & finance 8 (2020) 1, pp. 1-16

This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With …, external openness, capital flows and government expenditure. The MSM correctly captures exchange rate misalignment as distinct …

Persistent link: https://www.econbiz.de/10012440315

Exchange Rate Misalignment and Economic Growth: Recent Evidence in Malaysia

n.a.m, Naseem; m.s, Hamizah - Volkswirtschaftliche Fakultät, … - 2013

period 1991:1-2009:4. The RER misalignment is built through the estimation of the NATREX equilibrium model. Using the … positive and significant relationship between the RER misalignment and economic growth. This finding obtained is consistent … with the notion that the RER misalignment through the distortion in relative price has systematic influence on the pattern …

Persistent link: https://www.econbiz.de/10011109930

Long-run and Short-run Determinants of the Real Exchange Rate in Zambia

Mkenda, Beatrice Kalinda - Nationalekonomiska institutionen, Handelshögskolan - 2001

The paper analyses the main determinants of the real exchange rate in Zambia. It first gives a brief review of the Zambian economy and a review on real exchange rate studies. Then an illustrative model is presented. The study employs cointegration analysis in estimating the long-run determinants...

Persistent link: https://www.econbiz.de/10005651607

The misalignment of real effective exchange rate : evidence from Tunisia

Derbali, Ahmed - 2021

This paper presents an estimation of the Tunisian equilibrium exchange rate based on the Behavioral Equilibrium Exchange Rate approach (BEER). The BEER framework links exchange rates to its fundamentals: Tunisian productivity, partners' productivity, trade openness and terms of trade. We...

Persistent link: https://www.econbiz.de/10012501404

Tax and spending shocks in the open economy : are the deficits twins?

Klein, Mathias; Linnemann, Ludger - 2019

We present evidence on the open economy consequences of US fiscal policy shocks identified through proxy-instrumental variables. Tax shocks and government spending shocks that raise the government budget deficit lead to persistent current account deficits. In particular, the negative response of...

Persistent link: https://www.econbiz.de/10012098529

Tax and spending shocks in the open economy : are the deficits twins?

Klein, Mathias; Linnemann, Ludger - 2019

Persistent link: https://www.econbiz.de/10012102659

Real exchange rates, current accounts and competitiveness issues in the euro area

Mirdala, Rajmund - 2016

This paper contributes to the understanding of the international financial linkages created by US banks by looking at the geographical composition and structure of the balance sheet of foreign branches. The empirical investigation, which is based on a novel dataset containing balance sheet...

Persistent link: https://www.econbiz.de/10011576937

Panel data analysis of the proposed monetary union in the Southern African development community

Zerihun, Mulatu Fekadu; Breitenbach, Marthinus C. - In: Spoudai : journal of economics and business 67 (2017) 4, pp. 23-44

This paper examines the sensibility of a proposed monetary union in the Southern African Development Community (SADC). The study hypothesizes that the majority of the economies in the SADC region are candidates for a monetary union. We test this hypothesis against one of the prime optimal...

Persistent link: https://www.econbiz.de/10011843930