Series: IMF Working Papers
Author(s): Alexei Kireyev
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2001
Keywords: exogeneity, testing reforms, econometric policy analysis, exchange rate, cointegration, equation, granger causality, exchange rate unification, Multiple or Simultaneous Equation Models: Time-Series Models, Multiple or Simultaneous Equation Models: Models with Panel Data
The paper suggests an econometric methodology for testing the effectiveness of reforms implemented in one major step, i.e., discrete reforms. The methodology is based on the exogeneity properties of variables in an...