My Library

University LibraryCatalogue

For faster,
Use Lean
Get it now
Don't show me again
Limit search to items available for borrowing or consultation
Result Page: Previous Next
Can't find that book? Try BONUS+
Look for full text

Search Discovery

Search CARM Centre Catalogue

Search Trove

Add record to RefWorks

Cover Art
Author Mathisen, Johan.

Title Estimation of the Equilibrium Real Exchange Rate for Malawi [electronic resource] / Johan Mathisen.

Published Washington, D.C. : International Monetary Fund, 2003.


Location Call No. Status
Physical description 1 online resource (25 p.)
Series IMF Working Papers; Working Paper ; No. 03/104
IMF Working Papers; Working Paper ; No. 03/104
Summary 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.
Notes Description based on print version record.
Other author Mathisen, Johan.
Subject Cointegration
Equilibrium Real Exchange Rate
Exchange Rate
Open Economy Macroeconomics
Real Exchange Rate
Standard Error
ISBN 1451852789 : 15.00 USD
ISSN 1018-5941
Standard Number 10.5089/9781451852783.001