Estimating Egypt’s Equilibrium Real Exchange Rate

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Release : 1998-01-01
Genre : Business & Economics
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Book Rating : 155/5 ( reviews)

Estimating Egypt’s Equilibrium Real Exchange Rate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimating Egypt’s Equilibrium Real Exchange Rate write by Mr.Joannes Mongardini. This book was released on 1998-01-01. Estimating Egypt’s Equilibrium Real Exchange Rate available in PDF, EPUB and Kindle. In light of the real appreciation of the Egyptian pound over the last six years and Egypt’s lackluster export growth, questions of external competitiveness and exchange rate policy have arisen. This paper sheds light on these issues by estimating empirically Egypt’s equilibrium real exchange rate, that is, the rate that is consistent with fundamentals. The results show that, while the real exchange rate was substantially overvalued before 1993, today it is only moderately above the equilibrium rate. Moreover, the analysis shows that the recent appreciation of the pound does not indicate a worsening misalignment.

Exchange Rate Misalignment in Egypt

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Release : 2008
Genre :
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Exchange Rate Misalignment in Egypt - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Misalignment in Egypt write by Nagwa Samir Riad. This book was released on 2008. Exchange Rate Misalignment in Egypt available in PDF, EPUB and Kindle.

Estimation of the Equilibrium Real Exchange Rate for Malawi

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Release : 2003-05-01
Genre : Business & Economics
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Book Rating : 789/5 ( reviews)

Estimation of the Equilibrium Real Exchange Rate for Malawi - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimation of the Equilibrium Real Exchange Rate for Malawi write by Mr.Johan Mathisen. This book was released on 2003-05-01. Estimation of the Equilibrium Real Exchange Rate for Malawi available in PDF, EPUB and Kindle. This paper computes Malawi's equilibrium real exchange rate as a function of its fundamentals as derived from economic theory. It finds evidence in favor of the equilibrium approach to exchange rate determination, with several variables (particularly government consumption and real per capita growth) found to drive movements in the time-varying equilibrium real exchange rate. The results also indicate that following a shock there is a rapid reversion of the real exchange rate to its time-varying equilibrium, with a half-life of reversion of about 11 months.

Single-equation Estimation of the Equilibrium Real Exchange Rate

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Release : 1997
Genre : Equilibrium (Economics)
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Single-equation Estimation of the Equilibrium Real Exchange Rate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Single-equation Estimation of the Equilibrium Real Exchange Rate write by John Baffes. This book was released on 1997. Single-equation Estimation of the Equilibrium Real Exchange Rate available in PDF, EPUB and Kindle.

ESTIMATING EPYPT'S EQUILIBRIUM REAL EXCHANGE RATE

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Release : 1998
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ESTIMATING EPYPT'S EQUILIBRIUM REAL EXCHANGE RATE - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook ESTIMATING EPYPT'S EQUILIBRIUM REAL EXCHANGE RATE write by Joannes MONGARDINI. This book was released on 1998. ESTIMATING EPYPT'S EQUILIBRIUM REAL EXCHANGE RATE available in PDF, EPUB and Kindle.