Fundamentals and the Equilibrium of Real Exchange Rate of an Emerging Economy: Estimating the Exchange Rate Misalignment in Malaysia

Fundamentals and the Equilibrium of Real Exchange Rate of an Emerging Economy: Estimating the Exchange Rate Misalignment in Malaysia

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To evaluate the existence of possible over and under valuation of exchange rate for Malaysia, the study examines the nature of misalignment in the equilibrium real exchange rate and its systemic and structural changes in the fundamentals. We account for structural breaks in the data generating proce...

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Bibliographic Details
Main Authors: Jauhari Dahalan, Mohammed Umar, Hussin Abdullah
Format: Article
Language:English
Published: EconJournals 2016-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
exchange rate
dols
misalignment
consumption expenditure
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354703?publisher=http-www-cag-edu-tr-ilhan-ozturk

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