[PDF] Top 20 Does exchange rate regime affect macroeconomic performance?

... floating) exchange rate policy, which promotes ...of exchange rate policy and economic growth, using a panel dataset of seven countries in Eastern Africa between 1990 and 2010 and a pooled OLS ... See full document

... guaranteed macroeconomic stability particularly the one generated from financial ...the exchange rate’s ...the regime of exchange rate and international capital flow as well as ... See full document

... The issue of economic switching and multiple models in the economy has been investigated several papers, but it was never used to investigate how does the change in the exchange rate affect ... See full document

... to affect operating profit positively, non-performing loans now had a significant negative ...financial performance of the banks can be significantly affected, as in our ... See full document

... the exchange rate reforms made over the years, there have been other price and non-price policy reforms principally aimed at eliminating structural distortions in the non-traditional exports ...tariff ... See full document

... significantly affect the developed countries (Dubas, 2009), it is probably because the latter use quality competitiveness more in their commercial ...the exchange rate regime and even in case ... See full document

... fixed exchange rate system versus a flexible exchange rate is optimum currency area (OCA) ...fixed exchange rate as opposed to a floating exchange rate since the ... See full document

... real exchange rate depreciations having a contractionary effect on domestic ...net, exchange rate flexibility may not help stabilize output, even if it stabilizes the trade ...of ... See full document

... According to Njeru (2004), one of the most critical issues which has been a subject of debate by economists in this area of research is whether or not the aid process is undermined by the ability of the aid receiving ... See full document

... on macroeconomic in closed economy (for example, (Barro, 1981;1990; Futagami et ...economy does not have many ...Economy Macroeconomic (hereinafter referred to as NOEM)” rises suddenly, for instance, ... See full document

... Inflexible exchange rate has been the subject to intense criticism in China, whereas strong skepticism is voiced against the policymakers of South Africa for not managing the volatile ...inflexible ... See full document

... of macroeconomic variables, it is concluded that the exchange rate has significant and negative effect on stock returns while the world oil prices has positive and significant effect on stock return ... See full document

... floating exchange rate regime in 2000 which is also evident from the study of (Khan and Qayyum, ...this regime, exchange rate was found to be devalued by ...9/11 exchange ... See full document

... of exchange rate the research tests the hypothesis that none of explanatory variables predicts the dependent variable by using four tests: Wald test, heteroskedasticity consistence covariance (White) test, ... See full document

... Chinese’ exchange rate regime was studied by Frankel and Wei (1994, 1995, 2007), Frankel (2006), Ogawa (2006), Eichengreen (2006), Yamazaki (2006), Goldstein and Lardy (2006), Laurenceson (2008), ... See full document

... The mechanism discussed above highlights the fact that international capital markets operate with many imperfections that can jeopardize long-­‐term economic performance, particularly in developing countries. ... See full document

... on exchange rate regime choice has not yet settled on a definitive model, but the starting point is invariably optimum currency area (OCA) theory, upon which authors generally build to consider a ... See full document

... the exchange rate corresponds to a depreciation or decrease the value of the national ...the exchange rate leads to an increase in inflation related to the prices of tradable and non- tradable ... See full document

... real exchange rate toward the countries of EU15 according to our calculations (figure 3), which decreased so much the competitiveness of the exposed ... See full document

... ‡oating exchange rate period before the introduction of the euro (more precisely, the international exchange rates became ‡oating in August 1973, but the authors recommend starting from January 1974 ... See full document