Long-run determinants of the Irish real exchange rate

被引：9

作者：

Lane, PR ^{[1
]}

Milesi-Ferretti, GM

机构：

[1] Univ Dublin Trinity Coll, Dublin 2, Ireland

[2] Int Monetary Fund, Washington, DC 20431 USA

来源：

APPLIED ECONOMICS | 2002年 / 34卷 / 05期

关键词：

D O I：

10.1080/00036840110036729

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Smooth adjustment to real exchange rate shifts is one of the major challenges facing the Irish economy under EMU. Rather than assume purchasing power parity, the long-run real exchange rate is modelled as time-varying, being determined by relative output levels, the terms of trade and the net foreign asset position. It is shown that these factors account for a large proportion of the long-run movement in the Irish real exchange rate.

引用

页码：549 / 553

页数：5

共 50 条

[21] Long-run exchange rate modeling - A comment
Moosa, IA
INTERNATIONAL MONETARY FUND STAFF PAPERS, 1996, 43 (02): : 452 - 454
[22] The long-run behaviour of the real exchange rate: evidence from colonial Pennsylvania
Choudhry, T
Luintel, KB
ECONOMICS LETTERS, 2001, 74 (01) : 25 - 30
[23] The role of demography in the long-run Yen/USD real exchange rate appreciation
Aloy, Marcel
Gente, Karine
JOURNAL OF MACROECONOMICS, 2009, 31 (04) : 654 - 667
[24] The long-run effects of the real exchange rate on employment and wages in Canadian manufacturing
Lysenko, Dmitry
INTERNATIONAL REVIEW OF APPLIED ECONOMICS, 2019, 33 (04) : 477 - 504
[25] Real and nominal determinants of real exchange rates in Latin America: Short-run dynamics and long-run equilibrium
Joyce, JP
Kamas, L
JOURNAL OF DEVELOPMENT STUDIES, 2003, 39 (06): : 155 - 182
[26] An analysis of the determinants of the long-run growth rate of Bangladesh
Rao, B. Bhaskara
Hassan, Gazi Mainul
APPLIED ECONOMICS, 2012, 44 (05) : 565 - 580
[27] Productivity, commodity prices and the real exchange rate: The long-run behavior of the Canada-US exchange rate
Choudhri, Ehsan U.
Schembri, Lawrence L.
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2014, 29 : 537 - 551
[28] Modeling Russia’s exchange rate in the long-run
Dubova I.
International Economics and Economic Policy, 2016, 13 (3) : 499 - 518
[29] The monetary exchange rate model as a long-run phenomenon
Groen, JJJ
JOURNAL OF INTERNATIONAL ECONOMICS, 2000, 52 (02) : 299 - 319
[30] The long-run relationship between the real exchange rate and terms of trade in OECD countries
In, F
Menon, J
APPLIED ECONOMICS, 1996, 28 (09) : 1075 - 1080

← 1 2 3 4 5 →