Real Exchange Rate Behavior and Economic Growth : Evidence from Egypt, Jordan, Morocco, and Tunisia »
Series: IMF Working Papers
Author(s): Ghiath Shabsigh , and Ilker Domaç
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1999
Keywords: Real Exchange Rate, Exchange Rate Mislignment, Exchange Rate Policies, Growth, Arab Countries, exchange rate, foreign exchange, exchange rates
This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalign...