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	Provedor de dados AgEcon (1) Autor Ghura, Dhaneshwar (1) Grennes, Thomas J. (1) Palavra-chave Financial Economics (1) International Relations/Trade (1) Tipo do documento Working or Discussion Paper (1) Ano 1991 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última The Impact of Real Exchange Rate Misalignment and Instability on Macroeconomic Performance in Sub-Saharan Africa AgEcon Ghura, Dhaneshwar; Grennes, Thomas J.. This study investigates the relationship between indicators of macroeconomic performance and real exchange rate (RER) misalignment and instability in Sub-Saharan Africa (SSA). Three measures of RER misalignment are used. There is ample evidence that countries which have pursued more predictable macroeconomic policies and lower levels of RER misalignment have experienced better economic performance. Also, it appears that higher levels of misalignments in the RER are accompanied by higher levels of macroeconomic instability. Empirical support is found for Edwards' model of the equilibrium RER and black market premia tend to show a greater degree of misalignment than alternative measures. Tipo: Working or Discussion Paper Palavras-chave: Financial Economics; International Relations/Trade. Ano: 1991 URL: http://purl.umn.edu/51146 Registros recuperados: 1 Primeira ... 1 ... Última

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