The Determinants of the Real Exchange Rate and the Role of These ...

The Real Exchange Rate and Economic Growth - INCT/PPED

... real exchange rate could play a welfare-enhancing role if this served to improve the internal terms of trade of sectors subject to dynamic learning ...

Identifying Determinants of Germany's International Price ...

The results indicate that real demand and nominal shocks have been the main drivers of the real exchange rate in the past, whereas output fluctuations have been ...

The exchange rate, real economy and financial markets

Flexible exchange rates play a countercyclical role by smoothing output volatility. They are important in lessening incentives for foreign currency borrowing, ...

Exchange Rates in Emerging Economies: What do We Know? What ...

Using World. Bank data, measures of the real exchange rate and its “structural” determinants closely related to those ... (b) The role of nominal exchange rate.

The Impact of Remittance on the Real Exchange Rate in Ghana

Trade openness, government public debt, remittance, terms of trade, capital flow were used as independent variable and real exchange rate as the dependent ...

How important is the real exchange rate for exports and growth? in

Economists have long debated whether the real exchange rate (RER) has a significant impact on export performance and output growth.

Equilibrium Real Exchange Rate, Misalignment, and Export ...

Thus, the purpose of this study is to examine the equilibrium RER and RER misalignment in developing Asian countries during the period 1995–2008. The ...

The determinants of real exchange rate volatility in South Africa

The interaction term of trade openness and the dummy variable for capital account liberalisation leads to a significant negative impact on real ...

Mexico: Determinants of the real exchange rate, 2001.01–2022.12

If this condition is met, the exchange rate benefits from a certain degree of stability, since the demand for currency would be conditioned by ...

The validity of Rodrik's conclusion on real exchange rate ... - Nature

In short, this study concludes that the exchange rate takes precedence over other factors as a determinant of economic growth in developing ...

6. The real exchange rate in the long run

This externality arises when productivity growth in a given industry is a positive function of the economy' cumulative experience in that industry. If, as it is ...

Determinants of the Long-Run Equilibrium Real Exchange Rate

The purpose of this paper is to study the equilibrium real exchange rate (ERER) in 5 CEE transition economies, namely the Czech Republic, Hungary, Poland ...

Drivers of the real effective exchange rates in high and upper

Yet, this linkage is of utmost importance, although a very complicated (Özbilgin,. 2015). The inherent complexity of the channels through which exchange rate ...

AN ANALYSIS OF THE DETERMINANTS OF THAILAND'S ...

This study investigates the impact of real exchange rates and related variables on Thailand's exports and imports with its three major trading partners. The.

Structural Determinants of Real Exchange Rates and National Price ...

Bhagwati (1984). The purpose of this study is to distinguish empirically these two competing supply-ori- ented hypotheses, along with a possible third.

DETERMINANTS OF REAL EXCHANGE RATE IN ETHIOPIA

The primary objective of this paper is to examine the determinants of real exchange rate of the ... The purpose of these cointegration tests is to determine ...

Perspectives on PPP and Long-Run Real Exchange Rates

some of these factors later in Section 3. A fundamental flaw in the ... To intuitively gauge the importance of this sample-selection effect, we con-.

1 An Empirical Analysis of the Determinants of Exchange Rate in ...

Despite the importance of exchange rate in sustaining economic growth and development in Sub-Saharan African (SSA) countries, empirical analyses in these ...

An Equilibrium Theory of Determinate Nominal Exchange Rates ...

This departure from Ricardian equivalence assigns a role to the stock of real net foreign assets but does not overcome exchange rate indeterminacy. 5. Page 7 ...

Determinants of Uruguay's Real Effective Exchange Rate - arXiv

These findings are consistent with the theoretical expectations of the Mundell-Fleming model regarding open economies under floating exchange ...