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 … internal real exchange rate. The finding is that terms of trade, government consumption, and investment share all influence the …