Purchasing power parity (PPP) has been one of the most enduring concepts in global economy. However, its validity questioned around for a long time. In this study, annual data on real effective exchange rates 64 countries or regions from 1994−2022 are used to conduct unit root test without structural breaks, followed by same containing two breaks. The result shows that with break leads an incre...

 Up to now, the impact of real exchange rate on the non-oil exports of Iran has been mainly on focus. However, the more important aspect of the fluctuations in exchange rate is its degree of volatility which can have profound effect on the non-oil exports. Hence, the main objective of this paper is to investigate the linkage between non-oil exports and the real exchange rate volatility for Iran...

one of the ways to be informed on the extent of activities in various industries is to measure the rate of nominal protection. this paper tries to calculate the nominal and effective protection in order to examine the exchange rate unification impacts on the protection of pulp and paper industries with the aim of performing the exchange rate unification policy. therefore, nominal protection rat...

a central problem ill empirical macroeconomics is to determine when and how much the exchange rate is misaligned. this paper clarifies and calculates the concept of’ the equilibrium real exchange rate, using a structural vector auto regression (var) model. by imposing long—run restrictions on a var model for iran, lour structural shocks are identified: nominal demand, real demand, supply and oi...