Real Exchange Rate Dynamics and Trade Balance in WAEMU Countries: Evidence from Panel Nonlinear ARDL Approach
This study estimates the impact of real exchange rate on the trade balance of seven countries of the West African Economic and Monetary Union (WAEMU). In examining this issue, most previous studies assume the relationship to be symmetric. In this paper, we relax this assumption by extending the nonl...
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Format: | Article |
Language: | English |
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Tripal Publishing House
2022-03-01
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Series: | Journal of Economics and Financial Analysis |
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Online Access: | https://ojs.tripaledu.com/jefa/article/view/65 |