| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963187 | Journal of International Financial Markets, Institutions and Money | 2012 | 16 Pages |
Abstract
⺠We estimate a general equilibrium model combining financial, goods and factor markets. ⺠We apply the Auto Regressive Distributed Lag method which is flexible and robust. ⺠RER appreciates due to terms of trade, government spending and foreign liabilities. ⺠RER depreciates due to interest rates differential, trade openness and technology. ⺠Apart from the terms of trade, our results are contrary to earlier results.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Khorshed Chowdhury,