Search Results - subject:"Exchange rate misalignment"

A review on the relationship between real exchange rate, productivity, and growth

Özbilgin, Hüseyin Murat - In: Central Bank review / The Central Bank of the Republic … 15 (2015) 2, pp. 61-77

Persistent link: https://www.econbiz.de/10011295598

Is the Chinese currency undervalued?

Moosa, Imad A.; Ma, Ming - In: International journal of economics 9 (2015) 2, pp. 81-99

Persistent link: https://www.econbiz.de/10011535210

Exchange Rate Misalignment, Volatility and Import Flows in Malaysia

Naseem, N.A.M; Tan, Hui-Boon; Hamizah, M.S - Volkswirtschaftliche Fakultät, … - 2008

This paper investigates the effect of real exchange rate misalignment and volatility on Malaysian import flows during … 1991:Q1 to 2003:Q4. A measure of the quantitative proxy of the real exchange rate misalignment is constructed using the … GARCH model. This paper differs from existing literature as the effects of exchange rate misalignment significantly hastened …

Persistent link: https://www.econbiz.de/10011107804

Macroeconomic Consequences of Remittances

Fullenkamp, Connel; Cosimano, Thomas F.; Gapen, Michael T. - International Monetary Fund (IMF) - 2008

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses the two main issues of interest to policymakers with regard to remittances--how...

Persistent link: https://www.econbiz.de/10010790498

Choice of Exchange Rate System and Macroeconomic Volatility of Three Emerging Asian Countries

Tan, Hui-Boon; Chong, Lee-Lee - Business School, University of Nottingham - 2008

This study highlights the importance of choice of exchange rate system to macroeconomic stability of small- open countries based on the outcomes of the recent exchange rate regime switches of three small Asian countries during the post Asian financial crisis period. The three selected countries...

Persistent link: https://www.econbiz.de/10005090611

Bivariate Assessments of Real Exchange Rates Using PPP Data

Zalduendo, Juan - International Monetary Fund (IMF) - 2008

This paper focuses on assessments of real exchange rates using PPP data and examines their limitations when these are based exclusively on bivariate estimations. It begins by presenting an analytical framework of the real exchange rate that shows that these estimations make many restrictive...

Persistent link: https://www.econbiz.de/10005825611

Real Exchange Rates and Fundamentals; A Cross-Country Perspective

Ricci, Luca Antonio; Lee, Jaewoo; Milesi-Ferretti, … - International Monetary Fund (IMF) - 2008

This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a sample of 48 industrial countries and emerging markets. It...

Persistent link: https://www.econbiz.de/10005825636

Exchange Rate Assessment in a Resource-Dependent Economy; The Case of Botswana

Deléchat, Corinne; Gaertner, Matthew - International Monetary Fund (IMF) - 2008

The paper combines various methodologies to assessing the level of the exchange rate in Botswana, explicitly taking into account the implications of its dependency on diamond exports. Real exchange rate estimation indicates that, after a period of overvaluation, Botswana's real effective...

Persistent link: https://www.econbiz.de/10005825979

The Impact of Oil-Related Incomeon the Equilibrium Real Exchange Rate in Syria

Dridi, Jemma; Hasan, Maher - International Monetary Fund (IMF) - 2008

This paper examines the impact of oil-related income, among other fundamentals, on the equilibrium real effective exchange rate (ERER) in Syria. After reviewing the evolution of the Syrian multiple exchange rate regime since 1960 and assessing alternative measures for the exchange rate, the...

Persistent link: https://www.econbiz.de/10005826611

Choice of the Exchange Policies in the Developments Countries: Study of the Competitiveness of Tunisia

Benahji, Hend Sfaxi - In: Panoeconomicus 55 (2008) 3, pp. 353-367

calculating the real effective exchange rate misalignment, we showed that this country did not achieve her goals and that …

Persistent link: https://www.econbiz.de/10008554153