Back to top

autoregressive distributed lag

Publication

Equilibrium Exchange Rates and Misalignments: The Case of Homogenous Emerging Market Economies

Christian K. Tipoy, Marthinus C. Breitenbach & Mulatu F. Zerihun
We compute the exchange rate misalignment for a set of emerging economies between 1980 and 2013 using the behavioural equilibrium exchange rate definition. The real equilibrium exchange rate is constructed using a parsimonious model and estimators that are robust to cross-sectional independence and...
Oct 2017
Read more
Subscribe to RSS - autoregressive distributed lag