Search Results - subject:"nominal devaluation"

Comparing the relationship between nominal and real effective exchange rates during the last two devaluations in Algeria

Bilal, Boubellouta; Shahbaz, Muhammad - In: Global business review 22 (2021) 6, pp. 1421-1440

Persistent link: https://www.econbiz.de/10012660412

The nominal devaluation and real devaluation : the case of Algeria

Bilal, Boubellouta; An, Lian - In: International journal of trade and global markets 13 (2020) 4, pp. 394-413

Persistent link: https://www.econbiz.de/10012534594

A Note on Nominal and Real Devaluation in Laos

Kyophilavong, Phouphet; Shahbaz, Muhammad; Salah Uddin, Gazi - Volkswirtschaftliche Fakultät, … - 2014

In this paper, we investigate whether or not nominal devaluation leads to real devaluation in Laos by using the ARDL … bounds testing and the Granger causality test in a VECM framework. Our empirical evidence shows that nominal devaluation … Granger causes real devaluation in short run and long run. This finding implies that nominal devaluation leads to real …

Persistent link: https://www.econbiz.de/10011110102

A Note on Nominal and Real Devaluation in Laos

Kyophilavong, Phouphet; Shahbaz, Muhammad; Uddin, Gazi Salah - Institut de Préparation à l'Administration et à la … - 2014

Persistent link: https://www.econbiz.de/10010860513

Fiscal Devaluations in EMU

Boscá, José E.; Doménech, Rafael; Ferri, Javier - In: Hacienda Pública Española 206 (2013) 3, pp. 27-56

We use a small open economy general equilibrium model to analyse the effects of a fiscal devaluation in an EMU country. The model has been calibrated for the Spanish economy, which is a good example of the advantages of a change in the tax mix given that its tax system shows a positive bias in...

Persistent link: https://www.econbiz.de/10010944660

Fiscal Devaluations in EMU

Emilio Boscá, José; Domenech, Rafael; Ferri, Javier - BBVA Research, Grupo BBVA - 2012

We use a small open economy general equilibrium model to analyse the effects of a fiscal devaluation in EMU. The model has been calibrated for the Spanish economy, that is a good example of the advantages of a change in the tax mix, given that its tax system shows a positive bias in the ratio of...

Persistent link: https://www.econbiz.de/10011132484

Barbados; Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities

Yartey, Charles Amo - International Monetary Fund (IMF) - 2012

This paper uses the balance sheet approach to analyze macroeconomic vulnerabilities in Barbados between 2006 and 2009. It discusses the financial position of the economy and its main sectors and the sectors' exposure to changes in exchange rates. The main finding of the analysis is that the...

Persistent link: https://www.econbiz.de/10009650635

Default in Today's Advanced Economies; Unnecessary, Undesirable, and Unlikely

Cottarelli, Carlo; Mauro, Paolo; Forni, Lorenzo; … - International Monetary Fund (IMF) - 2010

This note summarizes the main arguments put forward by some market commentators who argue that default is inevitable, and presents a rebuttal for each argument in turn. Their main arguments focus on the size of the adjustment and continued market concerns reflected in government bond spreads....

Persistent link: https://www.econbiz.de/10011245862

Does nominal devaluation precede real devaluation in floating exchange rate regime? An empirical investigation for Ghana

Shahbaz, Mohammad; Salahuddin, Mohammad - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 3 (2009), pp. 35-48

This paper attempts to examine the link between nominal devaluation and real devaluation with special reference to …; ARDL Bounds Testing, and DOLS test for the long run correlation. The findings of the study suggest that nominal devaluation …

Persistent link: https://www.econbiz.de/10011938252

Does nominal devaluation precede real devaluation in floating exchange rate regime? : an empirical investigation for Ghana

Shahbaz, Mohammad; Salahuddin, Mohammad - In: Pakistan journal of commerce and social sciences 3 (2009), pp. 35-48

Persistent link: https://www.econbiz.de/10011922703