REAL EXCHANGE RATE DYNAMICS IN TRANSITION ECONOMIES ...

Real exchange rate dynamics in transition economies - ScienceDirect

Transition has brought about important changes in production and productivity, and these changes should also influence the equilibrium exchange rate. The ...

Real Exchange Rate Dynamics in Transition Economies - De Gruyter

real exchange rate, real interest rate, transition economies, nonlinear dynamics. Acknowledgments. The authors are grateful for helpful comments on earlier ...

Real exchange rate dynamics in transition economies - ScienceDirect

The Balassa–Samuelson effect and exchange rate policy in CEE countries. The presence of a strong Balassa–Samuelson effect is often considered a reason for ...

REAL EXCHANGE RATE DYNAMICS IN TRANSITION ECONOMIES ...

This article examines the behaviour of the real exchange rates for 18 transition economies using nonlinear models.

Real exchange rate dynamics in transition economies - IDEAS/RePEc

Real exchange appreciation has been a common feature in transition economies since the launching of stabilization and reform programs at the beginning of ...

(PDF) Real Exchange Rate Dynamics in Transition Economies

... Breaks in the series are another essential element of exchange rate data that must be modeled based on the data's particular properties. According to Taylor ...

Real exchange rate dynamics in transition economies : a nonlinear ...

Using a nonlinear multivariate generalization of the Beveridge-Nelson decomposition applied to our models, we also identify the permanent and temporary ...

Real Exchange Rate Dynamics in Transition Economies

Real exchange appreciation has been a common feature in transition economies since the launching of stabilization and reform programs at the beginning of the ...

Real Exchange Rate Dynamics in Transition Economies

This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing ...

Real Exchange Rate Dynamics in Transition Economies

Using a nonlinear multivariate generalization of the Beveridge-Nelson decomposition applied to our models, we also identify the permanent and temporary ...

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. In ...

Real Exchange Rate Dynamics in Transition Economies: The Role ...

"Chapter 9: Real Exchange Rate Dynamics in Transition Economies: The Role of Investment in Quality" published on 31 Oct 2008 by Edward Elgar Publishing.

Interpreting Real Exchange Rate Movements in Transition Countries

Krajnyák and Zettelmeyer confirm that the real exchange rate was initially undervalued in the transition economies. They also find that, as real exchange rates ...

Real Exchange Rate Dynamics in Transition Economies - De Gruyter

We examine the behavior of the real exchange rates of nine transition economies during the 1990s. We propose an empirical model rationalized ...

Real Exchange Rate Dynamics in Transition Economies

It is shown that the real exchange rate—measured as the relative price of tradables in terms of non-tradables—is affected by adverse initial conditions and ...

Real exchange rate dynamics in transition economies : a nonlinear ...

Real exchange rate dynamics in transition economies : a nonlinear analysis ; Extent: graph. Darst. ; Language: English.

Real exchange rate determinants in transition economies: do ...

... real exchange rate dynamics in relation to economic fundamentals. We then incorporate several political risk indicators in the analysis to see if they ...

Equilibrium Exchange Rates in Transition Economies - IMF eLibrary

especially as inflation declined. This paper presents estimates of the equilibrium paths of the real exchange rate for countries for which ...

REAL EXCHANGE RATE DYNAMICS IN TRANSITION ECONOMIES ...

REAL EXCHANGE RATE DYNAMICS IN TRANSITION ECONOMIES: A NONLINEAR ANALYSIS ; SALAH A. NUSAIR* ;,† ; rates should exhibit symmetrical adjustment for deviations ...

Real Exchange Rates in Transition Countries - SpringerLink

This paper discusses the ways in which real exchange rate changes have affected macroeconomic and structural developments in transition economies. More spe.