The long-run volatility puzzle of the real exchange rate
نویسندگان
چکیده
منابع مشابه
Investigating the Short- run and Long-run Causality Relationship between the Exchange Rate Regime and the Real Exchange Rate Misalignment in the OPEC Countries
Real exchange rate misalignment means that the real exchange rate deviates from its equilibrium level and is the cause of many domestic and global economic problems. This index is considered as an important indicator in foreign competition and in case of adopting an inappropriate exchange rate regime; it may create economic instability and affect economic performance. This issue is important in...
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ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2006
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2005.10.006