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To smooth or not to smooth : the impact of grants and remittances on the equilibrium real exchange rate in Jordan /
This paper estimates the effect of grants and workers' remittances on Jordan's long-term equilibrium real exchange rate. We estimate an equilibrium path for the Jordanian real exchange rate using the Johansen cointegration methodology over the period 1964 to 2005. Controlling for other fun...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Middle East and Central Asia Dept.,
©2006.
|
| Colección: | IMF working paper ;
WP/06/257. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Saadi-Sedik, Tahsin, |e author. | |
| 245 | 1 | 0 | |a To smooth or not to smooth : |b the impact of grants and remittances on the equilibrium real exchange rate in Jordan / |c [prepared by] Tahsin Saadi-Sedik and Martin Petri. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, Middle East and Central Asia Dept., |c ©2006. | ||
| 300 | |a 1 online resource (37 pages) : |b illustrations | ||
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| 490 | 1 | |a IMF working paper ; |v WP/06/257 | |
| 504 | |a Includes bibliographical references (pages 35-37). | ||
| 520 | |a This paper estimates the effect of grants and workers' remittances on Jordan's long-term equilibrium real exchange rate. We estimate an equilibrium path for the Jordanian real exchange rate using the Johansen cointegration methodology over the period 1964 to 2005. Controlling for other fundamentals, we find that both grants and workers' remittances appreciate the equilibrium real exchange rate in a statistically and economically significant way. We also find that assessing deviations of the actual real exchange rate from the estimated equilibrium real exchange rate is nontrivial because different smoothing methodologies and the nonsmoothed estimates give very different results. | ||
| 588 | 0 | |a Print version record. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. DATA AND METHODOLOGY -- III. MODELING AND INTERPRETING THE EQUILIBRIUM REAL EXCHANGE RATE -- IV. ASSESSING THE EQUILIBRIUM REAL EXCHANGE RATE -- V. CONCLUSIONS -- Appendix: Methodological Problems with Smoothing -- REFERENCES | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Foreign exchange rates |z Jordan |x Mathematical models. | |
| 650 | 0 | |a Emigrant remittances |z Jordan |x Mathematical models. | |
| 650 | 0 | |a Grants-in-aid |z Jordan |x Mathematical models. | |
| 650 | 0 | |a Smoothing (Numerical analysis) | |
| 650 | 0 | |a Emigrant remittances |z Jordan. | |
| 650 | 0 | |a Economic assistance |z Jordan. | |
| 650 | 6 | |a Taux de change |z Jordanie. | |
| 650 | 6 | |a Envois de fonds des émigrants |z Jordanie. | |
| 650 | 6 | |a Aide économique |z Jordanie. | |
| 651 | 6 | |a Jordanie |x Politique économique. | |
| 650 | 6 | |a Taux de change |z Jordanie |x Modèles mathématiques. | |
| 650 | 6 | |a Envois de fonds des émigrants |z Jordanie |x Modèles mathématiques. | |
| 650 | 6 | |a Subventions de l'État aux collectivités locales |z Jordanie |x Modèles mathématiques. | |
| 650 | 6 | |a Lissage (Analyse numérique) | |
| 650 | 7 | |a Emigrant remittances |2 fast | |
| 650 | 7 | |a Economic assistance |2 fast | |
| 650 | 7 | |a Emigrant remittances |x Mathematical models |2 fast | |
| 650 | 7 | |a Foreign exchange rates |x Mathematical models |2 fast | |
| 650 | 7 | |a Grants-in-aid |x Mathematical models |2 fast | |
| 650 | 7 | |a Smoothing (Numerical analysis) |2 fast | |
| 651 | 7 | |a Jordan |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJgMCMwpB3Qrd9t7MBYHG3 | |
| 700 | 1 | |a Petri, Martin, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b Middle East and Central Asia Department. | |
| 758 | |i has work: |a To smooth or not to smooth (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFTRYcBqVHg4kmgK7kHWtC |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Saadi-Sedik, Tahsin. |t To smooth or not to smooth. |d Washington, D.C. : International Monetary Fund, Middle East and Central Asia Dept., ©2006 |w (OCoLC)124172497 |
| 830 | 0 | |a IMF working paper ; |v WP/06/257. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014323 |z Texto completo |
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