Long-run and Short-run Determinants of the Real Exchange Rate in Zambia
Author: Beatrice Kalinda Mkenda
Publisher:
Published: 2001
Total Pages: 0
ISBN-13:
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Author: Beatrice Kalinda Mkenda
Publisher:
Published: 2001
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Kombe Oswald Mungule
Publisher:
Published: 2004
Total Pages: 72
ISBN-13:
DOWNLOAD EBOOKAuthor: Brian Kahn
Publisher:
Published: 1996
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Janine Aron
Publisher:
Published: 1992
Total Pages: 124
ISBN-13:
DOWNLOAD EBOOKZambia's failure with macroeconomic reform - including exchange- rate reform - is the result of macroeconomic (espicially fiscal) laxity. And the exchange- rate premium is likely to rise as terms of trade worsen, foreign aid declines, and expectations of devaluations rise.
Author: Daehyung Kang
Publisher:
Published: 1990
Total Pages: 286
ISBN-13:
DOWNLOAD EBOOKAuthor: Sebastian Edwards
Publisher:
Published: 1988
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKThis paper develops a dynamic model of real exchange rate behavior in developing countries. A three goods economy (exportables, importables and nontradables) is considered. Residents of this country hold domestic and foreign assets, and there is a dual exchange rate regime. There is a government that consumes importables and nontradables. A distinction is made between equilibrium and disequilibrium movements of the RER. The determinants of real exchange rate misalignment are studied with emphasis placed on the role of devaluations and balance of payments crisis. The implications of the model are tested using data for 12 developing countries. The results obtained are generally favorable for the model. The issue of RER stationarity is also analyzed.
Author: Guay C. Lim
Publisher:
Published: 1990
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Jerome L. Stein
Publisher: International Monetary Fund
Published: 1995-08-01
Total Pages: 46
ISBN-13: 1451955146
DOWNLOAD EBOOKThe IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2021-05-06
Total Pages: 34
ISBN-13: 1513573691
DOWNLOAD EBOOKDetermining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount importance for policy-makers in developed and emerging economies. This paper estimates the exchange rate passthrough in Mozambique using econometric techniques on a sample spanning from 2001 to 2019. Results suggest that the ERPT is assymetric, sizable and fast, with 50 percent of the exchange rate variations passing through to prices in less than six months. Policy-makers should continue to pursue low and stable inflation and develop a strong track record of prudent macroeconomic policies for the ERPT to decline.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2004-05-19
Total Pages: 132
ISBN-13: 1498330282
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