... Competitive exchangerate is an important tool for the economies to boost the exports and raise foreign exchange ...between realexchangeratemisalignment and economic ...
... of exchangerate signals in an economy is very powerful and often ...sustained realexchangerate overvaluation, will, by distorting resource allocation away from productive activities, ...
... of realexchangeratemisalignment on economic growth of WAMZ countries using panel data analysis and generalized method of moment towards the zone monetary ...growth rate regression ...
... There are advantages of using ARDL framework instead of the conventional Johansen procedures as noted by Duasa (2007). The conventional cointegration method estimates the long run relationships within a context of a ...
... nominal exchangerate regimes without necessary policies usually face the realexchangerate ...of exchangerate regime, monetary policy makers desire to maintain the ...
... REER misalignment and its square are negative and statistically ...REER misalignment and its square keep their signs and continue to be significant in all ...REER misalignment hinder growth but also ...
... (at the 12% level). Nevertheless, the FDI variable has the opposite sign than was expected. The other explanatory variables, i.e. the real interest rates differential, net foreign assets, terms of trades and ...
... equilibrium real effective exchangerate and a component that refers to ...equilibrium exchangerate is defined as the exchangerate that corresponds to a situation where ...
... Theoretically, real effective exchangerate (REER) misalignment has a negative effect on economic ...REER misalignment deteriorates domestic investment and foreign direct investment, ...
... equilibrium exchangerate as a function of real economic ...foreign real incomes, and factors influencing national savings and investment, such as permanent fiscal ...
... on realexchangeratemisalignment (RER Misalignment) was based on computed deviations of the actual realexchangerate from its long run equilibrium ...on ...
... of realexchangerate mi salignment on Nigeria’s agricultural sector using the single regression ordinary least squares ...112 RealExchangeRateMisalignment and Economic ...
... According to Hooper and Marquez (1993) the most important variable to determine export demand is foreign income and relative price of export. Whereas Foreign income represents the capability of the market country to ...
... measure realexchangeratemisalignment has been the Purchasing Power Parity (PPP) method, due in part to its ...of misalignment, but instead captures movements away from the long run ...
... the realexchangeratemisalignment in Kenya using quarterly data over the period 2000 – ...Equilibrium ExchangeRate (BEER) approach to determine the extent of exchange ...