Real appreciation and competitiveness
Productivity Growth and the Real Appreciation of the Accession Countries' Currencies
... First we examined the effect of labour productivity on exports and imports. We found that increased labour productivity is a significant independent source of higher exports. This contrasts with standard trade models, ...
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Cote d'Ivoire : competitiveness, Cocoa, and the real exchange rate
... rate equilibrates international trade and payments by closing excess demand or supply. In the case of a specialized commodity-producing country like Cote d’Ivoire, increases in the (real) world price of its export ...
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Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe
... productivity-driven real appreciation path may occur if – given sound macroeconomic fundamentals and/or low interest rate levels in the international capital markets – buoyant international capital inflows ...
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Domestic Investment Responses to Changes in the Real Exchange Rate: Asymmetries of Appreciation versus Depreciation
... the real exchange rate impacts firm level ...for real exchange rate appreciations versus ...by real depreciations but not by real ...export competitiveness channel and the import cost ...
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Equilibrium exchange rates in the transition: The tradable price-based real appreciation and estimation uncertainty
... In accordance with the Maastricht Treaty, important prerequisites for participation in monetary union are low inflation and a stable exchange rate for at least two years before examination of convergence. A considerably ...
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Equilibrium Exchange Rates in the Transition: The Tradable Price-Based Real Appreciation and Estimation Uncertainty
... In accordance with the Maastricht Treaty, important prerequisites for participation in monetary union are low inflation and a stable exchange rate for at least two years before examination of convergence. A considerably ...
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Do Capital Inflows Hinder Competitiveness? The Real Exchange Rate in Ethiopia
... RER appreciation when aid is excessively ‘front-loaded’ (when Dutch disease costs are higher than expenditure and productivity benefits), and thus the economy is better-off saving part of the aid flows for future ...
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Financial development, remittances, and real exchange rate appreciation
... an appreciation of the exchange rate, thereby reducing the international competitiveness of the tradable sector, and may lead to tradable sector contraction, higher wages, and higher production ...
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Exchange Rate Appreciation, International Competitiveness And Purchasing Power Parity: The Shiomi Company Of Japan
... ongoing appreciation in the yen against the US$ led Japanese firm Shiomi to consider relocating its production facilities outside of ...yen’s appreciation on Japanese ...the real exchange rate, ...
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Fear of appreciation
... domestic real shocks not captured by the additional controls, the positive intervention-growth link may be in part reflecting a reverse causality not fully eliminated by the lagging of the independent ...
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Competitiveness and the real exchange rate: the standpoint of countries in the CEMAC zone
... in real exchange rates in African countries in the CFA Franc zone in general, and those of the CEMAC region in particular, reveals two sub periods in recent ...slight appreciation of the real ...
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Competitiveness and the real exchange rate: the standpoint of countries in the CEMAC zone
... in real exchange rates in African countries in the CFA Franc zone in general, and those of the CEMAC region in particular, reveals two sub periods in recent ...slight appreciation of the real ...
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Competitiveness, Economic Freedom and Real Exchange Rate Evidence from Romania
... equilibrium real exchange rate can be influenced by many factors, such as: the degree of openness which reflects the commercial policy of the state and the existing trade ...an appreciation of the ...
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Real Exchange Rates, Current Accounts and Competitiveness Issues in the Euro Area
... deviation real effective exchange rate (ULC based) shock in each of the Euro Area member ...based real exchange rate) revealed interesting implications of a reduced labor costs-determined ...
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Real Exchange Rates, Current Accounts and Competitiveness Issues in the Euro Area
... deviation real effective exchange rate (ULC based) shock in each of the Euro Area member ...based real exchange rate) revealed interesting implications of a reduced labor costs-determined ...
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The Portuguese real exchange rate, 1995-2010 : competitiveness or price effects?
... progressive real exchange rate appreciation, as measured by the RER-ULC; the RER-P, in contrast, appears to be ...a competitiveness loss ´ a la ...
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Beyond Balassa and Samuelson: Real Convergence, Capital Flows, and Competitiveness in Greece
... Nevertheless, it turns out that it is difficult to disentangle the reasons why productivity and prices are catching up. Prices may catch up due to productivity increases originating in domestic or international capital ...
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Monetary Stabilization, Intervention and Real Appreciation
... A balance of payments deficit or a depreciating exchange rate (relative to trend), however, raises real interest rates through reduced money growth and inflationary expectations, and low[r] ...
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Analysis of large real exchange rate appreciation episodes
... of appreciation, signs of processes approaching the degree of the adverse macroeconomic outcomes following periods of temporary appreciation are not ...of appreciation will only be available in the ...
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Ski Resort Real Estate: Does Supply prevent Appreciation?
... 兩 D a t a a n d M o d e l i n g A p p r o a c h The New England ski market is composed primarily of nineteen major resorts and fourteen minor ski areas in the three northern states of Maine, New Hampshire and Vermont. ...
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