Exchange Rate (MIS-) Alignment: An Application of the Behavioural Equilibrium Exchange Rate (beer) Approach to Zimbabwe (1990-2018)

This study employed the behavioral equilibrium exchange rate (BEER) approach to establish whether or not there is an exchange rate (mis-)alignment in Zimbabwe. The country is characterized by strong and significant deviations between the official and parallel exchange rates and high inflationary pr...

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Bibliographic Details
Main Authors: Michael Takudzwa Pasara, Vincent Mugwira
Format: Article
Language:English
Published: EconJournals 2023-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/14922