Cargando…
The Impact of Oil-Related Income on the Equilibrium Real Exchange Rate in Syria /
This paper examines the impact of oil-related income, among other fundamentals, on the equilibrium real effective exchange rate (ERER) in Syria. After reviewing the evolution of the Syrian multiple exchange rate regime since 1960 and assessing alternative measures for the exchange rate, the paper an...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2008.
©2008 |
| Colección: | IMF Working Papers ;
Working Paper no. 08/196. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000Ma 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn867081751 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d i | ||
| 007 | cr cn||||||||| | ||
| 008 | 020129s2008 dcu o i000 0 eng d | ||
| 040 | |a CEF |b eng |e pn |c CEF |d CEF |d VT2 |d OCLCQ |d WYU |d TKN |d DKC |d AU@ |d OCLCQ |d HS0 |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 1055391480 |a 1066493330 |a 1077422769 |a 1081296257 |a 1107338157 |a 1148110603 |a 1202547844 |a 1228598727 | ||
| 020 | |a 1451915071 | ||
| 020 | |a 9781451915075 | ||
| 020 | |a 9781451870541 | ||
| 020 | |a 145187054X |q (Trade Paper) | ||
| 020 | |z 9781451915075 | ||
| 024 | 8 | |a 10.5089/9781451915075.001 | |
| 029 | 1 | |a DEBBG |b BV044066434 | |
| 029 | 1 | |a AU@ |b 000073100218 | |
| 035 | |a (OCoLC)867081751 |z (OCoLC)1055391480 |z (OCoLC)1066493330 |z (OCoLC)1077422769 |z (OCoLC)1081296257 |z (OCoLC)1107338157 |z (OCoLC)1148110603 |z (OCoLC)1202547844 |z (OCoLC)1228598727 | ||
| 037 | |b 00013468 | ||
| 043 | |a a-sy--- | ||
| 050 | 4 | |a HG3881.5.I58 | |
| 082 | 0 | 4 | |a 338.27282 |2 23 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Dridi, Jemma. | |
| 245 | 1 | 4 | |a The Impact of Oil-Related Income on the Equilibrium Real Exchange Rate in Syria / |c Dridi, Jemma. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c 2008. | ||
| 264 | 4 | |c ©2008 | |
| 300 | |a 1 online resource (30 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers, |x 2227-8885 ; |v Working Paper No. 08/196 | |
| 500 | |a Available in PDF, ePUB, and Mobi formats on the Internet. | ||
| 520 | 3 | |a This paper examines the impact of oil-related income, among other fundamentals, on the equilibrium real effective exchange rate (ERER) in Syria. After reviewing the evolution of the Syrian multiple exchange rate regime since 1960 and assessing alternative measures for the exchange rate, the paper analyzes the impact of oil-related income on the ERER in the context of a behavioral equilibrium exchange rate model. The analysis concludes that ERER appreciates with higher oil-related income, productivity and net foreign assets, but, at odds with the conventional wisdom, depreciates with higher government expenditures given that an increase in expenditures usually translates into higher imports and weaker current account position. In light of the projected real shocks associated with the depletion of oil and the change in other fundamentals in the context of the ongoing transition to a market economy, a more flexible regime would serve Syria better in the future. | |
| 505 | 0 | |a I. Introduction; II. Brief Review of the Literature; III. Exchange System in Syria; A. Exchange System Developments; Figures; 1. Developments of the Official and Free Market Exchange Rates, 1951-2005; B. Which Exchange Rate Should be Used to Measure the Real Effective Exchange Rate?; C. Developments of the Free Market and Weighted Rates; IV. The Role of Oil-Related Income; A. The Concept of Oil-Related Income; 2. Nominal and Real Effective Exchange Rates, 1960-2005; B. The Impact of Oil-Related Income on the Balance of Payments and the Budget; Boxes; 1. Oil-Related Income in Syria | |
| 505 | 8 | |a 3. Share of Oil-Related Revenues in Total Foreign Exchange Earnings, and Balance of Payments Developments, 1960-2005V. Theoretical Determinants of the Equilibrium Real Exchange Rate and Estimation Results; A. Theoretical Determinants of the Equilibrium Real Exchange Rate; 4. Share of the Oil-Related Revenues in Total Foreign Exchange Earnings and Fiscal Developments, 1960-2005; B. Estimation Results and Data Issues; 5. Real Efffective Exchange Rate and its Theoretical Determinants, 1960-2005; Tables; 1. Unit Root Tests; 2. Multivariate Cointegration Test Results | |
| 505 | 8 | |a 3. Long-Term Coefficient From Vector Error Correction Model Estimates Using the Free Market Rate6. Government Expenditure and Imports, 1961-2005; 7. REERF, Smoothed and Unsmoothed ERER, and Misalignment, 1960-2005; VI. Conclusions; 8. External Sustainability Assessment; References; Appendixes; I. Exchange System Developments in Syria; II. Detailed ECM Results | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Petroleum industry and trade |z Syria |x Econometric models. | |
| 650 | 0 | |a National income |z Syria |x Econometric models. | |
| 650 | 0 | |a Foreign exchange rates |z Syria |x Econometric models. | |
| 650 | 6 | |a Pétrole |x Industrie et commerce |z Syrie |x Modèles économétriques. | |
| 650 | 6 | |a Revenu national |z Syrie |x Modèles économétriques. | |
| 650 | 6 | |a Taux de change |z Syrie |x Modèles économétriques. | |
| 650 | 7 | |a Foreign exchange rates |x Econometric models |2 fast | |
| 650 | 7 | |a National income |x Econometric models |2 fast | |
| 650 | 7 | |a Petroleum industry and trade |x Econometric models |2 fast | |
| 651 | 7 | |a Syria |2 fast |1 https://id.oclc.org/worldcat/entity/E39QbtfRrbPWVQ3tvhM9q9jX7B | |
| 700 | 1 | |a Hasan, Maher. | |
| 700 | 1 | |a Dridi, Jemma. | |
| 710 | 2 | |a International Monetary Fund. | |
| 730 | 0 | |a IMF eLibrary. | |
| 758 | |i has work: |a The impact of oil-related income on the equilibrium real exchange rate in Syria (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGCCCbcRgQRr7FPgMHwf4q |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 830 | 0 | |a IMF Working Papers ; |v Working Paper no. 08/196. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1607999 |z Texto completo |
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL1607999 | ||
| 938 | |a YBP Library Services |b YANK |n 11617760 | ||
| 994 | |a 92 |b IZTAP | ||