| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963406 | Journal of International Financial Markets, Institutions and Money | 2013 | 16 Pages |
Abstract
⺠We developed a real exchange rate model for a small-open economy. ⺠The model was tested on Canadian data for the period 1972-2010. ⺠It was found that the model performs very well in both long and short runs. ⺠None of the domestic fiscal variables has any statistically significant impact on the growth of the real exchange rate over the short-run. ⺠The change in interest rate and the growth of the money supply have a negative impact on the growth of the real exchange rate.
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Authors
Amir Kia,