... of nominalexchangerate fluctuations in Kenya using an Autoregressive Distributed Lag (ARDL) approach over the period 1993Q3 when Kenya authorized floating exchangerate to ...of ...
... the nominalexchange rates move counter-cyclically with consumption movements, contributing the violation of the basic risk sharing ...the nominalexchangerate were constant, the ...
... long-run nominalexchangerate based on ...the nominalexchangerate in the long-run by constructing a two country model with optimizing agents where wealth is optimally ...
... Nominalexchangerate measures the value of one country currency in terms of other ...fixed exchangerate system, this value is set by the monetary ...floating exchange ...
... of exchangerate fluctuations in ...and nominalexchange rates from 1994 to ...to exchangerate movements: real shocks and nominal ...and nominalexchange ...
... the exchangerate is the most appropriate is usually faced with two set of ...real exchangerate theory to real- world data is not straight forward, due to the fact that, in most cases, there ...
... real exchangerate (RER) in the literature is defined as the relative national price levels between two economies with the corresponding nominalexchangerate being an auxiliary to ...
... real exchange rates there are two which are particularly pertinent to the topic of this ...fixed nominalexchangerate the repercussions must be reflected in relative prices or inflation ...
... only simulation showed that a nominalexchangerate adjustment is insufficient to redress China’s external imbalance. The fiscal only package was more effective. But without accommodating monetary ...
... fixed nominalexchangerate regime, the excess volatility puzzle of real exchange rates practically disappears or becomes minor for the vast majority of the fixed-rate economies; there ...
... the exchange cost while the export ...the exchangerate will have more efficient ...the exchangerate will less influence the balance of the ...the nominalexchange ...
... no exchangerate depreciation or put the rate change of real output into consideration, the relevant DSGE model will fit the UK data much ...the rate change of the real output in the monetary ...
... interest rate will create an arbitrage which will encourage FX speculation and could turn into a speculative ...interest rate parity (UIP) ...in nominalexchange ...interest rate and ...
... The nominal exchange rate in all the models considered is expressed as the domestic price of foreign currency... Refers to the case in which, where.[r] ...
... floating exchangerate regime, Islam (2003) concludes that the economic and institutional prerequisites of a floating exchangerate regime are not met in ...of nominalexchange ...
... It included broad price and trade liberalisation, nominal anchoring of the programme to money wages and the nominal exchange rate, targeting the real money supply and real interest rates[r] ...
... Effective ExchangeRate (REER) is the weighted average of a country's currency relative to an index or basket of other main currencies adjusted to analyze the consequences of ...this exchange ...
... In this paper, a money demand model constructed on currency in circulation is used to determine the appropriate alternative cost to hold monetary balances in the Turkish economy. Our estimation results, using ...
... - 24 Secondly, the important element for competitiveness is the real and not the nominal exchange rate, but the real exchange rate depends, in the long-run, on real variables, Like the d[r] ...