Similar Search Results

Impact of exchange rate depreciation on the balance of payments : empirical evidence from Nigeria

Iyoboyi, Martins; Muftau, Olarinde - In: Cogent economics & finance 2 (2014) 1, pp. 1-23

The paper investigates the impact of exchange rate depreciation on the balance of payments (BOP) in Nigeria over the period 1961 - 2012. The analysis is based on a multivariate vector error correction framework. A long-term equilibrium relationship was found between BOP, exchange rate and other...

Persistent link: https://www.econbiz.de/10010474303

Testing for UIP : nonlinearities, monetary announcements and interest rate expectations

Anderl, Christina; Caporale, Guglielmo Maria - 2021

This paper re-examines the UIP relation by estimating first a benchmark linear Cointegrated VAR including the nominal exchange rate and the interest rate differential as well as central bank announcements, and then a Cointegrated Smooth Transition VAR (CVSTAR) model incorporating nonlinearities...

Persistent link: https://www.econbiz.de/10012508617

Non-Stationary Interest Rate Differentials and the Role of Monetary Policy

Matros, Philipp - 2011

bivariate cointegration between domestic and foreign interest rates. We explain non-stationarity of the interest differential … stochastic trend into the system. Trivariate cointegration between the interest rates and the exchange rate accounts for the …

Persistent link: https://www.econbiz.de/10013124253

Détermination du taux de change réel d'equilibre par les fondamentaux de l'économie pour l'Algérie : approche par un modèle dynamique stochastique d'équilibre géneral

Achouche, Mohammed; Kherbachi, Hamid - In: Les cahiers du CREAD : revue du Centre de Recherches en … (2006) 75, pp. 109-148

Persistent link: https://www.econbiz.de/10003465640

Testing j-curve effect on trade balance in Turkish economy

Kansel, Zubeyir Can; Bari, Bilgin - In: Financial studies 24 (2020) 1, pp. 53-69

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

Bilateral Trade Flows and Exchange Rate Sensitivity : Evidence from Likelihood-Based Panel Cointegration

Irandoust, Manuchehr - 2006

trading partners for the period 1960-2001. The methodology used here is the likelihood-based panel cointegration recently …

Persistent link: https://www.econbiz.de/10012780296

Measuring credit structure impact on economic growth in Croatia using (VECM) 1990-2018

Škare, Marinko; Sinković, Dean; Porada-Rochoń, … - In: Journal of business economics and management 20 (2019) 2, pp. 294-310

Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...

Persistent link: https://www.econbiz.de/10012175688