Add to ORKGBased on an equilibrium exchange rate model, this paper examines the determi-nants of the real effective exchange rate and evaluates the degree of misalignment of the Group of Twenty (G-20) currencies over the floating exchange rate period. Within a panel cointegration setting, we estimate the relationship between exchange rate and a set of economic fundamentals, such as traded-nontraded productivity differentials and the stock of foreign assets. Having ascertained the variables are integrated and cointegrated, the long-run equilibrium value of the fundamentals are estimated and used to derive equilibrium exchange rate and misalignments
We develop a theory-based model of equilibrium exchange rates incorporating factors that have been f...
Real exchange rate is an important variable in economy's growth. Its fluctuation reflected on the st...
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...
Based on an equilibrium exchange rate model, this paper examines the determinants of the real effect...
Based on a behavioral equilibrium exchange rate model, this paper examines the determinants of the r...
In this paper we apply the Behavioral Equilibrium Exchange Rate (BEER) approach developed by Clark a...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 countries o...
The paper investigates the role of real exchange rate misalignment on long-run growth is the set of ...
We combine some newly developed panel co-integration techniques and common factor analysis to analyz...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 coun-tries ...
This study aims to compare two different methodologies of calculating exchange rate misalignment and...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The aim of this article is to investigate the link between currency misalignments and economic growt...
We follow the behavioral equilibrium exchange rate approach by Clark and MacDonald (1998) to derive ...
Abstract: This paper tests the traditional monetary model of exchange rates for a sample of industri...
We develop a theory-based model of equilibrium exchange rates incorporating factors that have been f...
Real exchange rate is an important variable in economy's growth. Its fluctuation reflected on the st...
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...
Based on an equilibrium exchange rate model, this paper examines the determinants of the real effect...
Based on a behavioral equilibrium exchange rate model, this paper examines the determinants of the r...
In this paper we apply the Behavioral Equilibrium Exchange Rate (BEER) approach developed by Clark a...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 countries o...
The paper investigates the role of real exchange rate misalignment on long-run growth is the set of ...
We combine some newly developed panel co-integration techniques and common factor analysis to analyz...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 coun-tries ...
This study aims to compare two different methodologies of calculating exchange rate misalignment and...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The aim of this article is to investigate the link between currency misalignments and economic growt...
We follow the behavioral equilibrium exchange rate approach by Clark and MacDonald (1998) to derive ...
Abstract: This paper tests the traditional monetary model of exchange rates for a sample of industri...
We develop a theory-based model of equilibrium exchange rates incorporating factors that have been f...
Real exchange rate is an important variable in economy's growth. Its fluctuation reflected on the st...
Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity...