Equilibrium Exchange Rates in Transition Economies

Exchange rate and long run equilibrium in transition economies

The estimation of the long-run cointegration equation of the equilibrium real exchange rate and the corresponding dynamic error correction specification ...

Equilibrium exchange rates in transition countries - CiteSeerX

19. Page 6. B-Y Kim and Iikka Korhonen. Equilibrium exchange rates in transition countries: Evidence from dynamic heterogeneous panel models. 4. All opinions ...

Equilibrium exchange rates in transition countries - EconWPA

19. Page 6. B-Y Kim and Iikka Korhonen. Equilibrium exchange rates in transition countries: Evidence from dynamic heterogeneous panel models. 4. All opinions ...

Equilibrium Exchange Rates in Transition Economies

Keywords: equilibrium exchange rate, Purchasing Power Parity, trend appreciation, Balassa-Samuelson effect, productivity, inflation differential, tradable ...

Equilibrium Exchange Rates in Transition Economies - Google Livres

Equilibrium Exchange Rates in Transition Economies ... A stylized fact of the transition process is an early profound exchange rate depreciation followed by ...

Equilibrium exchange rates in transition economies

Égert, Balázs and Halpern, László and MacDonald, Ronald (2005) Equilibrium exchange rates in transition economies. Working Paper (106).

Equilibrium exchange rates in transition countries - WIIW catalog

Equilibrium exchange rates in transition countries: Evidence from dynamic heterogeneous panel models · By: Kim, Byung-Yeon. · Contributor(s): Korhonen, Iikka.

Equilibrium exchange rates in the transition: The tradable price ...

Mr Gang Ji, economist. Chinese economy and economic policy. [email protected]. Ms Tuuli Koivu, economist. Chinese economy and economic policy.

Equilibrium Exchange Rates in the Transition: The Tradable Price ...

transition economies the real exchange rate deflated by means of tradable prices ... Equilibrium Exchange Rates in Transition Countries. IMF Staff ...

Real Exchange Rates in Advanced Transition Economies

The equilibrium real exchange rate depreciation in the future may obtain either as a result of an increase in the direct subsidies on investment or as a result ...

Finding equilibrium: on the relation between exchange rates

To the extent that monetary policy is, indeed, transmitted through exchange rate changes, it is natural that the central bank in a small open economy will take ...

No 15/2002: Equilibrium Exchange Rates in Transition Countries

We find that exchange rates have converged in recent years in five transition countries (Czech Republic, Hungary, Poland, Slovakia, and Slovenia) with real ...

The Stock-Flow Approach to the Real Exchange Rate of CEE ... - CEPII

Korhonen (2002), “Equilibrium Exchange Rates in Transition Countries: Evidence from Dynamic Heterogeneous Panel Models”, BOFIT Discussion Paper. No. 15 ...

Economic Transition and the Exchange-Rate Regime

Exchange-rate management poses special challenges in the transition economies of Eastern. Europe and the former Soviet Union. These countries are adapting to ...

Equilibrium Exchange Rates in Transition Countries

Exchange rate has been one of the central policy tools for many transition economies to stabilise their economy. Transition countries have ...

Does the Exchange Rate Regime affect Macroeconomic ...

Not surprisingly, the appropriate exchange rate regime for transition economies—both in ... On balance, countries that adopted exchange rate based ...

Equilibrium Exchange Rates in Transition Economies - Google Livres

A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation.

The Determinants of Real Exchange Rates in Transition Economies

Real exchange rates in the transition region have been relatively volatile over the past two decades, with major variation across countries and over time.

devaluation and output in five transition economies: a panel ... - USC

Properties of real exchange rates in transition economies have been ... Halpern, L., and Wyplosz, C., (1997), “Equilibrium exchange rates in transition.

Behavioural Equilibrium Exchange Rate Estimates and Implied ...

MacDonald (2006), 'Equilibrium Exchange Rates in. Transition Economies: Taking Stock of the Issues', Journal of Economic. Surveys. Faruqee, H., “Long-Run ...