The real exchange rate and economic development
نویسندگان
چکیده
منابع مشابه
real exchange rate targetion & economic stability: the case of iran
there has been extensive debate in iran over recent years about appropriate exchange regime. some are fixed exchange rate pros, some advocate the managed floating regime, and others believe in pegging the exchange. rate in which nominal exchange rate is annually adjusted to the there are certain provisions embodied in the structure of the basic model, which may identify it as a generally useful...
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This paper examines the role of different exchange rate regimes on relationship between exchange rate volatility and economic growth. To investigate this relationship, information of 53 countries with floating and fixed exchange rate regimes in the period of 1987-2016 are considered. GARCH technique is used to estimate exchange rate volatility and Difference GMM technique for estimating the mo...
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Changes in the real exchange rate affect a country's balance of payments and international competitiveness, and its misalignment from the long-run equilibrium level usually creates imbalances in the macro economy. This is also important in countries with oil resources due to their foreign trade structure. Accordingly, due to the existence of few internal studies on the subject in selected count...
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ژورنال
عنوان ژورنال: Structural Change and Economic Dynamics
سال: 2012
ISSN: 0954-349X
DOI: 10.1016/j.strueco.2012.01.002