The competitive real exchange|rate regime

The competitive real exchange-rate regime, inflation and monetary ...

This article argues that in a stable and competitive real exchangerate(SCRER); macroeconomic regime, the exchange-rate component candrive up inflation ...

The competitive real exchange-rate regime, inflation and monetary ...

This article argues that in a stable and competitive real exchange-rate (SCRER) macroeconomic regime, the exchange-rate component can drive up Inflation ...

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

The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies.

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 ...

CEPAL Review 96

ThE CoMPETITIVE REAL ExChAnGE-RATE REGIME, InfLATIon AnD MonETARy PoLICy • RoBERTo fREnkEL. This paper examines some characteristics of the stable and ...

Chapter 6. Exchange Rate Regimes and Competitiveness in

This adjustment, or the change in the relative price of tradables and nontradables, will take place regardless of the nominal exchange rate regime in place; ...

Real exchange rate policies for economic development

A system of effectively multiple exchange rates is required when spillovers across different tradable sectors differ. The impact of RER policies is increased ...

The Real Exchange Rate as a Target of Macroeconomic Policy

In recent years, the idea that a stable and competitive real exchange rate (SCRER) can foster economic growth in developing countries has gained.

The competitive real exchange-rate regime, inflation and monetary ...

Download Citation | The competitive real exchange-rate regime, inflation and monetary policy | This article argues that in a stable and ...

Real exchange rates for economic development | CEPR

The role of exchange rate policies in economic development is still largely debated. This column argues that there are theoretical ...

Political economy of real exchange rate levels

Holtemöller and Mallick (2013). 69 countries,. Logit. Openness, real GDP, exchange rate regime, the current account, terms of trade. More ...

Real Exchange Rate Policies for Economic Development

We show that a stable and competitive RER policy may correct for this externality and other related market failures. The resulting development of these sectors ...

Political economy of real exchange rate levels - ScienceDirect.com

Furthermore, governments can use fiscal policy to affect the RER by shifting the internal terms of trade. Given that government expenditures are typically ...

Recoveries and Trade: Does the Exchange Rate Regime Matter?

In the recovery period, performance is mixed but, roughly speaking, in pegged currency countries the real exchange rate tends to depreciate ...

Real Exchange Rate Policies for Economic Development | NBER

A system of effectively multiple exchange rates is required when spillovers across different tradable sectors differ. The impact of RER policies ...

Much More to Competitiveness than Real Exchange Rates

Stable supplier-buyer links are valuable, so the costs of switching suppliers in case of a real exchange rate change in a given partners' ...

Would a competitive real exchange rate be a driver of economic ...

This article assesses the effects of real exchange rate misalignment on long-term growth, between 1995 and 2018, in a set of 151 countries.

The Real Exchange Rate and Economic Growth - Dani Rodrik

I summarize my findings and discuss some policy issues in the conclud- ing section of the paper. Undervaluation and Growth: The Evidence. I will use a number of ...

Five Years of Competitive and Stable Real Exchange Rate in ...

The new monetary arrangement also stipulated that the central bank must fully back the monetary base with foreign reserves1, what in practice turned the central ...

A Primer on Real Effective Exchange Rates

Hence, the decision to calculate the CPI-deflated real exchange rate is almost always driven by expediency and data availability rather than an interest in this ...