in this article, real exchange rate behavior and its effects on macroeconomic variables are studied by explaining two models; impulse function and forecasting predicted error decomposition. studies show that high artificial currency value has caused domestic and foreign accounts equilibrium disturbance and foreign income decrease due to the slackening of commercial and agricultural activities, ...

We examine the relationship between real exchange rate fluctuations and firm-level investment growth using data for a sample of close to 33,000 firms from 68 advanced emerging market countries over 2000–2014 period. show that depreciations boost profits, investment, asset tradable sector have higher labor shares are relatively more financially constrained. These findings consistent with an “int...

crude oil price and the u.s. effective exchange rate are two main economic variables that have had real effects on world welfare situation. the aim of this paper is to test whether there is a stable long-run relationship between oil prices and the u.s. dollar, expressed in real term. to this end, we perform co-integration and causality tests between the two variables, using quarterly data from ...