Exchange rate misalignment and economic growth: recent evidence in Malaysia
The present study aims at investigating the growth effects of real exchange rate misalignments in Malaysia over the period 1991:1-2009:4. The RER misalignment is built through the estimation of the NATREX equilibrium model. Using the Autoregressive Distributed Lag (ARDL) bounds testing approach to c...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universiti Putra Malaysia Press
2013
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Online Access: | http://psasir.upm.edu.my/id/eprint/30858/1/Exchange%20Rate%20Misalignment%20and%20Economic%20Growth.pdf |