Internformat: Real Exchange Rate Behavior and Economic Growth

Real Exchange Rate Behavior and Economic Growth: Evidence From Egypt, Jordan, Morocco, and Tunisia

This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a structured...

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1. Verfasser:	Shabsigh, Ghiath (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1999
Schriftenreihe:	IMF Working Papers Working Paper No. 99/40
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a structured model. The empirical investigation confirmed the adverse effect of RERMIS on growth, using all measures of RERMIS, as predicted by endogenous growth models. The results also highlighted the role of other factors; specifically, capital growth and population have the theoretical signs predicted by the Solow growth model and are statistically significant
Beschreibung:	1 Online-Ressource (24 p)
ISBN:	1451845952 9781451845952

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spelling	Shabsigh, Ghiath Verfasser aut Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia Shabsigh, Ghiath Washington, D.C International Monetary Fund 1999 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/40 This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a structured model. The empirical investigation confirmed the adverse effect of RERMIS on growth, using all measures of RERMIS, as predicted by endogenous growth models. The results also highlighted the role of other factors; specifically, capital growth and population have the theoretical signs predicted by the Solow growth model and are statistically significant Online-Ausg Domaç, Ilker Sonstige oth http://elibrary.imf.org/view/IMF001/05548-9781451845952/05548-9781451845952/05548-9781451845952.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Shabsigh, Ghiath Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia
title	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia
title_auth	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia
title_exact_search	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia
title_exact_search_txtP	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia
title_full	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia Shabsigh, Ghiath
title_fullStr	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia Shabsigh, Ghiath
title_full_unstemmed	Real Exchange Rate Behavior and Economic Growth Evidence From Egypt, Jordan, Morocco, and Tunisia Shabsigh, Ghiath
title_short	Real Exchange Rate Behavior and Economic Growth
title_sort	real exchange rate behavior and economic growth evidence from egypt jordan morocco and tunisia
title_sub	Evidence From Egypt, Jordan, Morocco, and Tunisia
url	http://elibrary.imf.org/view/IMF001/05548-9781451845952/05548-9781451845952/05548-9781451845952.xml
work_keys_str_mv	AT shabsighghiath realexchangeratebehaviorandeconomicgrowthevidencefromegyptjordanmoroccoandtunisia AT domacilker realexchangeratebehaviorandeconomicgrowthevidencefromegyptjordanmoroccoandtunisia

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