... the exchange rates of many countries have been fluctuating considerably overtime, and there has been more interest in predicting exchange ...to exchangerate management still remains an area ...
... the real interest rate ...of real interest rates, we would like to emphasize that the notion of non-stationarity, and hence of a long-run that we employ throughout this paper, is sample ...the ...
... and exchangerate volatility in all our ...the realexchangerate by failing to control for the heteroge- neity of the speed of mean reversion of prices across different ...the ...
... While technology and endowments contribute to define competitive advantages in international trade, policy variables play a role too. The realexchangerate (RER) is a significant policy variable ...
... In more recent work, Jin and Zeng (2005) develops a flexible price model with distribution costs to show that with reasonably large distribution costs their model can generate highly volatile and persistent real ...
... nominal exchangerate regimes without necessary policies usually face the realexchangerate ...of exchangerate regime, monetary policy makers desire to maintain the ...
... This paper assesses the relationship with realexchangerate and growth using quarterly data of 1989:Q1-2005:Q2. Two groups of models are used in the study that is held. The first model, which was ...
... actual exchangerate (RER) is positive but insignificant in random effect ...actual exchangerate (RER) is negative and insignificant in fixed and random effect ...actual exchange ...
... the real ex- change rate of ruble a current misalignment indicator was calculated which measures the difference of an actual and equilibrium realexchangerate based on the selected ...
... equilibrium realexchangerate using the Macroeconomic Balance (MB) and the Natural RealExchangeRate (NATREX) ...float exchangerate system; have similar output ...
... for realexchangerate movements (see, for example, IMF (2006), IMF (2013) and Bussiere et ...Swiss realexchangerate ...the exchangerate patterns of the Swiss ...
... the rate of capital accumulation depends on the convergence speed, τ, and the dis- tance to the steady ...the realexchangerate and its effect on the growth rate of ...higher ...
... (NATural RealEXchangerate) a formulé un cadre théorique pour le taux de change réel naturel à long terme dont l’estimation est basée sur un ensemble de relations comportementales ressemblants aux ...
... A basic limitation of DARER is the assumption that every current account deficit is accumulated in external debt that will, sooner or later, have to be repaid, and that the key stimulus for the shift from deficit to ...
... paper, realexchangerate is assumed to follow the path dictated by economic fundamentals, that is, while realexchangerate (rer) remains the only endogenous cum exogenous ...
... flexible exchangerate provides greater room to maneuver (autonomy of the monetary ...the realexchangerate (real anchor) and to avoid ...the exchange rates. At least, a ...
... foreign exchange; welfare effects; and other concerns regarding its result on inflation and the realexchangerate ...the realexchangerate dynamics in ...with ...
... the realexchangerate toward the profitability of a ...BI Rate such as what had been used in the empirical study on the influence of exchangerate toward the performance of the ...
... of realexchangerate misalignment and realexchangerate volatility on total exports for a panel of 42 developing countries from 1975 to ...both realexchange ...