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Malawi : selected issues and statistical appendix.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2002.
Series: IMF country report, no. 02/182.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This Selected Issues paper estimates the path of the equilibrium real exchange for Malawi. Based on a dynamic model of a small open economy, the paper identifies and discusses the dynamics between certain fundamental variables and the real exchange rate. It also investigates the presence of a long-term relationship between the real exchange rate and the explanatory variables, and estimates both the equilibrium real  Read more...
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Genre/Form: Electronic books
Statistics
Additional Physical Format: Print version:
Malawi.
Washington, D.C. : International Monetary Fund, 2002
(OCoLC)81125952
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 1280978902 9781280978906 145279216X 9781452792163 1462382630 9781462382637 1452752702 9781452752709 9786613750518 6613750514
ISSN:2227-8907
OCLC Number: 765399500
Language Note: English.
Notes: Cover title.
"Prepared by a staff team consisting of Alfred Kammer (head) ... and Arnold McIntyre (PDR) "
"Approved by the African department."
"August 2002."
Description: 1 online resource (94 pages).
Series Title: IMF country report, no. 02/182.

Abstract:

This Selected Issues paper estimates the path of the equilibrium real exchange for Malawi. Based on a dynamic model of a small open economy, the paper identifies and discusses the dynamics between certain fundamental variables and the real exchange rate. It also investigates the presence of a long-term relationship between the real exchange rate and the explanatory variables, and estimates both the equilibrium real exchange rate and the speed at which it converges toward its equilibrium level. The paper also discusses episodes of discrepancies between the real effective exchange rate and its equilibrium level.

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