Equilibrium Exchange Rate
Moroccan Dirham Flexibilization and Equilibrium Exchange Rate: A Quest for Grail?
... The purpose of this study is to identify the Moroccan dirham misalignment phases over the period 1998T1-2017T4, related to an estimated equilibrium exchange rate, using an ad hoc behavioral ...
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The Real Effective Exchange Rate Misalignment: Application of Behavioral Equilibrium Exchange Rate BEER to Algeria 1980-2009
... behavioral exchange rate (BEER) ...the equilibrium exchange rate is determined by appropriate set of explanatory ...real exchange rate economics is well known, but ...
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The Concepts of Equilibrium Exchange Rate: A Survey of Literature
... the equilibrium real effective exchange rate derived from the FEER approach to be called “desirable” or desired equilibrium exchange rate (DEER) (Bryant ...DEER ...
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Real Exchange Rate Misalignment: An Application of Behavioral Equilibrium Exchange Rate (BEER) to Nigeria
... behavioral equilibrium exchange rate in ...Behavioral Equilibrium Exchange Rate (BEER) and a Permanent Equilibrium Exchange Rate ...real exchange ...
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Some notes on the behavioral equilibrium exchange rate model
... of exchange rate misalignment is one of the most important tasks in open-economy ...behavioral equilibrium exchange rate (BEER) model is one of the most widely used models for this ...
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Official intervention in Foreign Exchange Market in Malawi: A comparison of GARCH and Equilibrium Exchange Rate approaches
... dollar exchange rates with the Deutsche mark, the yen, and the Canadian ...US exchange rate vis-à-vis the currencies of other G-7 ...the exchange rate through a portfolio balance ...the ...
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Determinants of Equilibrium Real Exchange Rate and its Misalignment in Kenya: A Behavioral Equilibrium Exchange Rate Approach
... real exchange rate misalignment in Kenya using quarterly data over the period 2000 – ...Behavioral Equilibrium Exchange Rate (BEER) approach to determine the extent of exchange ...
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Economic convergence and the fundamental equilibrium exchange rate in Poland
... The application of the FEER model in modeling central and eastern European economies has been as far considered subject to many shortcomings, primarily due to the fact that changes in productivity were not accounted for ...
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Equilibrium exchange rate theories under flexible exchange rate regimes
... The paper is organized as follows: after having examined the PPP and the normal working of the Marshall-Lerner condition (section 2), we examine the theories of the short period disequilibrium. In section 3 the monetary ...
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Calculating the Fundamental Equilibrium Exchange Rate of the Macedonian Denar
... an equilibrium exchange rate concept, two further points should be ...the equilibrium exchange rate assumes that the exchange rate in the base period has been in ...
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Approaching a problem of the long run real equilibrium exchange rate of Polish zloty while entering the ERM 2 and Euro zone
... real exchange rates, while estimating the real equilibrium exchange rate, one should always remember that there is no a single, universal equilibrium exchange ...that ...
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The Elasticities Approach to Egypt’s Balance of Payments and Equilibrium Exchange Rate
... real exchange rate changes are linked to the country’s national income and ...‘fundamental equilibrium exchange rate’ (FEER) that produces a sustainable balance of payments and moves ...
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Equilibrium exchange rate and misalignment In selected MENA countries
... in equilibrium during the estimation ...the equilibrium RER with respect to the sustainable values of the fundamentals to be undertaken in a more transparent ...
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Fundamental equilibrium exchange rate for the Polish zloty
... These “ideal” values of the domestic demand and the real exchange rate, which will be referred to as DDFEER and QFEER, depend on the assumed values of the exogenous variables, namely the[r] ...
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Equilibrium Exchange Rates in EU New Members: Applicable for Setting the ERM II Central Parity?
... real exchange rate and real equilibrium exchange rate (REER) have been defined, the difference between the two is interpreted as the exchange rate misalignment (disparity ...
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International Parities and Exchange Rate Determination
... International Parities and Exchange Rate Determination Yan Zhao* Abstract The model of equilibrium exchange rate combining purchasing power parity PPP and uncovered interest parity UIP i[r] ...
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Examining measures of the equilibrium Real Exchange Rate: Macroeconomic Balance and the Natural Real Exchange Rate Approaches
... long-run equilibrium exchange rate that is consistent with macroeconomic fundamentals while the MB approach estimates the exchange rate misalignment over the medium term that would ...
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Determinants of real exchange rate misalignment: An empirical analysis for MENA region
... the equilibrium real effective exchange rate and a component that refers to ...The equilibrium exchange rate is defined as the exchange rate that corresponds to a ...
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A Monetary Approach to Exchange Rate Dynamics in Low Income Countries: Evidence from Kenya
... to exchange rate is based on two foundations: the quantity theory of demand for money (QTM) and the PPP ...the exchange rate ...the equilibrium exchange rate equals the ...
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How to stabilize the currency exchange rate
... interest rate and use other tools for the equilibrium exchange rate to shift towards strengthening, into the range of RUR 70 to one US ...stronger exchange rate of the Ruble ...
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