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

The Determinants of the Real Exchange Rate - Biblioteka Nauki

The purpose of the present study is to estimate the determinants of the real exchange rate and the role of these determinants in the New Zealand economy.

A Medium-Term Framework for Analyzing the Real Exchange Rate, with Applications to the Philippines and Tanzania · Economics · 1993. A competitive official ...

The determinants of real exchange rate

This model allows only the 'fundamentals' or real variables to play a role in determining the long run equilibrium real exchange rate, whereas both real and ...

Determinants of the real exchange rate in a small open economy

The real exchange rate, as a measure of price–cost competitiveness, could lose its significance for explaining trade flows if its fundamental determinants are ...

The determinants of real exchange rates in transition economies

The picture was more mixed elsewhere in the region, with real appreciation in some countries but depreciation in others. The global crisis brought these trends ...

Slides for Chapter 10: Determinants of the Real Exchange Rate

As we saw in Chapter 9 this relative price plays a key role in deter- mining the real exchange rate. 4. Page 5. Schmitt-Grohé, Uribe, Woodford ...

What Determines Real Exchange rates? The Long and Short of It

This paper presents a reduced-form model of the real exchange rate. Using multilateral cointegration methods, the model is implemented for the real effective ...

Determinants of real exchange rate movements in 15 emerging ...

Real effective exchange rates (REER) are considered as indicators for the average price competitiveness of all firms of an economy. Emerging Market Economies ( ...

5 Factors That Influence Exchange Rates - Investopedia

A nation's currency exchange rate is one of the most important determinants of its economic health. Along with interest rates and inflation rates, exchange ...

Real Exchange Rates: What Money Can Buy

The real exchange rate (RER) between two currencies is the product of the nominal exchange rate (the dollar cost of a euro, for example) and the ratio of ...

NBER WORKING PAPER SERIES REAL AND MONETARY ...

The purpose of this paper is to develop a theory of real exchange rate behavior, and empirically test its main implications using data for a group of developing.

Determinants of the real exchange rate in the long-run for ...

The empirical results endorse this framework. Overall, it shows the primacy of financial factors as determinants of the long-run real exchange rate and points ...

The Real Exchange Rate and Economic Growth - Dani Rodrik

Those familiar with the recent economic history of Mexico will recognize this to be a reflection of the cyclical role of capital inflows in inducing growth in ...

Determinants of the real exchange rate in a small open economy

However, the domestic fiscal variables do not have any impact on the real exchange rate over the short run. The change in interest rate, the growth of money ...

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

We estimate the determinants (terms of trade, tradable to non-tradable price differentials, interest rate differentials, forward exchange ...

Forecasting Dollar Real Exchange Rates and the Role of Real ...

This method utilizes the covariance between the target and predictor variables to gen- erate target-specific factors. See Kelly and Pruitt (2015) and Groen and ...

Determinants of real exchange rate misalignment: An empirical ...

The purpose of this paper is to explain the magnitude of the misalignment of the real exchange rate and its determinants for the MENA countries.

Real Exchange Rates - University of Wisconsin–Madison

price of nontradables. In this latter context, the real exchange rate is a function of productivity. (Krueger, 1983: 157). Consequently, the ...

The determinants of the real exchange rate in Zambia - AERC

In addition, they also reviewed the Balassa-Samuelson hypothesis. The empirical purpose of this study is to investigate the factors that determine long- run ...

What Is the Real Effective Exchange Rate (REER) and Its Equation?

REER is determined by taking the average of the bilateral exchange rates between one nation and its trading partners and then weighting it to take into account ...