Search Results - subject:"Exchange Rate Misalignment"

Equilibrium Real Effective Exchange Rates and Real Exchange Rate Misalignments: Time Series vs. Panel Estimates

Hossfeld, Oliver - 2010

We follow the behavioral equilibrium exchange rate approach by Clark and MacDonald (1998) to derive equilibrium real effective exchange rates and currency misalignments for the US and its 16 major trading partners. We apply cointegration and panel cointegration techniques to derive fully...

Persistent link: https://www.econbiz.de/10011345474

Is the Chinese currency substantially misaligned to warrant further appreciation?

Qin, Duo; He, Xinhua - 2010

This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The estimation is based on a commonly used economic approach, but with a wider and more up-to-date coverage of data and a more extensive use of econometric modelling techniques. Our...

Persistent link: https://www.econbiz.de/10010280745

Implications of real exchange rate misalignment in developing countries: theory, empirical evidence and application to growth performance in Zimbabwe

Ndlela, Thandinkosi - Volkswirtschaftliche Fakultät, … - 2010

empirical link between exchange rate misalignment and macroeconomic indicators still remains to be fully understood. Nonetheless … different measures of exchange rate misalignment in traditional growth regression models. Thus, based on a behavioural … equilibrium exchange rate derived measure exchange rate misalignment, this paper presents an empirical analysis of the …

Persistent link: https://www.econbiz.de/10009203634

Is the Chinese currency substantially misaligned to warrant further appreciation?

Qin, Duo; He, Xinhua - Institut für Weltwirtschaft (IfW) - 2010

Persistent link: https://www.econbiz.de/10008615593

A Panel Data Investigation of Real Exchange Rate Misalignment and Growth

MacDonald, Ronald; Vieira, Flávio - CESifo - 2010

The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries … this is then used to construct measures of real exchange rate misalignment. We also provide an alternative set of estimates … of real exchange rate misalignment using panel cointegration methods. The variables used in our real exchange rate models …

Persistent link: https://www.econbiz.de/10008583703

Equilibrium Real Effective Exchange Rates and Real Exchange Rate Misalignments: Time Series vs. Panel Estimates

Hossfeld, Oliver - FIW - 2010

Persistent link: https://www.econbiz.de/10008764432

Uruguay; Selected Issues

International Monetary Fund (IMF); International … - 2010

This Selected Issues paper provides a real exchange rate and competitiveness assessment for Uruguay. It looks at the recent developments in key external competitiveness indicators such as the bilateral real effective exchange rates, export volumes, export market shares, export unit values, unit...

Persistent link: https://www.econbiz.de/10011243775

Islamic Republic of Mauritania; 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania.

International Monetary Fund (IMF); International … - 2010

This Article IV Consultation reports that the economic growth of Mauritania is robust, which reflected prudent economic management, sustained donor support, and the beginning of oil production. Executive Directors observed that the return of constitutional order to Mauritania has established a...

Persistent link: https://www.econbiz.de/10011244305

Malawi; Staff Report for 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

International Monetary Fund (IMF); International … - 2010

This 2009 Article IV Consultation highlights that Malawiâ€™s macroeconomic performance has improved significantly over the past two years, and the countryâ€™s agricultural-based economy has weathered the global economic storm relatively well. Good weather and the distribution of...

Persistent link: https://www.econbiz.de/10011244807

Former Yugoslav Republic of Macedonia; Staff Report for the 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Former Yugoslav Republic of Macedonia

International Monetary Fund (IMF); International … - 2010

This 2009 Article IV Consultation highlights that the Former Yugoslav Republic of Macedoniaâ€™s vulnerability at the outset of the global crisis was its large current account deficit in the context of the exchange rate peg to the euro. At the same time, it benefited from a small fiscal...

Persistent link: https://www.econbiz.de/10011245752