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To Smooth or Not to Smooth-The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan

To Smooth or Not to Smooth-The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan »

Volume/Issue: 2006/257

Series: IMF Working Papers

Author(s): Martin Petri , and Tahsin Saadi-Sedik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

DOI: http://dx.doi.org/10.5089/9781451865172.001

ISBN: 9781451865172

Keywords: Equilibrium Real Exchange Rate, Smoothing Techniques, exchange rate, real exchange rate, trade openness, terms of trade, equilibrium exchange rate, Open Economy Macroeconomics,

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 coint...

To Smooth or Not to Smooth-The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan

To Smooth or Not to Smooth-The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan »

Source: To Smooth or Not to Smooth-The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan

Volume/Issue: 2006/257

Series: IMF Working Papers

Author(s): Martin Petri , and Tahsin Saadi-Sedik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

ISBN: 9781451865172

Keywords: Equilibrium Real Exchange Rate, Smoothing Techniques, exchange rate, real exchange rate, trade openness, terms of trade, equilibrium exchange rate, Open Economy Macroeconomics,

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 coint...