To see the other types of publications on this topic, follow the link: Currency depreciation.

Journal articles on the topic 'Currency depreciation'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Currency depreciation.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Quinn, Dennis P., Thomas Sattler, and Stephen Weymouth. "Do Exchange Rates Influence Voting? Evidence from Elections and Survey Experiments in Democracies." International Organization 77, no. 4 (2023): 789–823. http://dx.doi.org/10.1017/s002081832300022x.

Full text
Abstract:
AbstractIntense debate surrounds the effects of trade on voting, yet less attention has been paid to how fluctuations in the real exchange rate may influence elections. A moderately overvalued currency enhances consumers’ purchasing power, yet extreme overvaluation threatens exports and economic growth. We therefore expect exchange rates to have a conditional effect on elections: when a currency is undervalued, voters will punish incumbents for further depreciations; yet when it is highly overvalued, they may reward incumbents for depreciation. We empirically explore our argument in three step
APA, Harvard, Vancouver, ISO, and other styles
2

Lughano, P. Mwakaghe. "Unraveling currency depreciation." i-manager's Journal on Computer Science 13, no. 1 (2025): 24. https://doi.org/10.26634/jcom.13.1.21949.

Full text
Abstract:
Currency depreciation, also known as devaluation, plays a pivotal role in international finance and economics, influencing trade dynamics, investment flows, and macroeconomic stability. It involves complex interactions between market forces, political developments, and economic fundamentals. Depreciation occurs when a nation's currency loses value relative to others in the foreign exchange market, driven by factors such as interest rate disparities, inflation differentials, trade imbalances, geopolitical tensions, and financial speculation. Understanding these mechanisms is essential for polic
APA, Harvard, Vancouver, ISO, and other styles
3

Qu, Guangjun. "Do Real Depreciations Reduce the Income Gap between the Rich and the Poor?" International Journal of Economics and Finance 9, no. 3 (2017): 266. http://dx.doi.org/10.5539/ijef.v9n3p266.

Full text
Abstract:
This study concentrates on the effect of real depreciations of a currency on one key aspect of economic development, the distribution of income. Based upon the recent availability of a real depreciation index and two databases on Gini coefficients, we investigate how real depreciations affect levels and changes in the distribution of income. The panel evidence of more than 158 countries indicates that real depreciations are associated with a decline in levels of income gap between the rich and the poor. They, however, have no statistically significant association with changes in the distributi
APA, Harvard, Vancouver, ISO, and other styles
4

Choi, Myoung Shik. "Dominant Currency and Value-Added Exports." Academic Journal of Interdisciplinary Studies 11, no. 5 (2022): 1. http://dx.doi.org/10.36941/ajis-2022-0120.

Full text
Abstract:
This study investigates the real effects of exchange rate changes on exports with three key features; pricing in a dominant currency like the US dollar, imported intermediary use in production, and exports dependent on major demanded countries. We test the longitudinal effects of exchange rates using a data set of both gross and value-added bilateral exports. The key finding distinguishes the positive panel effect of US dollar depreciation due to the dollar liquidity effect from the negative panel effects of other currencies depreciations due to the intermediary import effect. The two detailed
APA, Harvard, Vancouver, ISO, and other styles
5

ENG. Ibrahiim Farah Hilowle. "THE INFLUENCE OF E-MONEY ON CURRENCY CRISIS AND DEPRECIATION IN SOMALIA." Multidisciplinary Journal of Horseed International University (MJHIU) 1, no. 1 (2023): 1–14. http://dx.doi.org/10.59336/mjhiu.v1i1.7.

Full text
Abstract:
This study focused on the influence of E-Money on currency shortages and depreciation in Somalia. The aim of the study was to examine the influence of E-Money on currency shortages and depreciation in Somalia. The research used qualitative research approach and collected the data through documentary review of books, articles, journals and reports on the influence of E-Money on currency shortages and depreciation in Somalia. The key findings of the study on the influence of E-Money on currency shortages and depreciation in Somalia encompass: E-money technology lacks security leading to currency
APA, Harvard, Vancouver, ISO, and other styles
6

Ismail, Mohamed Abdi. "The Effects of Currency Depreciation on Consumer Buying Behavior in Somalia." Multidisciplinary Journal of Horseed International University (MJHIU) 1, no. 2 (2023): 11–23. http://dx.doi.org/10.59336/ravyfc34.

Full text
Abstract:
This study analyzed the effects of currency depreciation on consumer buying ehavior in Somalia. The study used a qualitative research method to assess the effects of local currency depreciation on consumer buying ehavior. The study employed documentary review tool to collect data on the effects local currency depreciation on consumer buying ehavior in Somalia. The study reviewed several books, articles and journals in relation to the effects local currency depreciation on consumer buying ehavior in Somalia. The key findings of the study on the effects of currency depreciation on consumer buyin
APA, Harvard, Vancouver, ISO, and other styles
7

PALLEY, THOMAS I. "Escaping the debt constraint on growth: a suggested monetary policy for Brazil." Brazilian Journal of Political Economy 24, no. 1 (2004): 38–52. http://dx.doi.org/10.1590/0101-31572004-1635.

Full text
Abstract:
ABSTRACT Existing interest rates imply explosive debt dynamics for Brazil. It also faces rising inflation from earlier currency depreciations, which could trigger future depreciation. These conditions impose a policy contradiction. Brazil needs lower interest rates for debt sustainability, but tight monetary policy to avoid exchange rate depreciation and inflation. The paper develops a strategy to escape this contradiction. Policy must bolster investor confidence to lower external interest rates, lower domestic interest rates to reduce debt service burdens, and implement domestic credit creati
APA, Harvard, Vancouver, ISO, and other styles
8

Agyemang, Nana Kwadwo, and Antonette Afrah Sakyi. "The impact of Currency Depreciation in Developing Countries." International Journal of Psychosocial Rehabilitation 24, no. 04 (2020): 480–82. http://dx.doi.org/10.37200/ijpr/v24i4/pr201025.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Harun, Abdifitah Dahir. "The Major Causes of Local Currency Depreciation in Somalia." Multidisciplinary Journal of Horseed International University (MJHIU) 1, no. 2 (2023): 1–10. http://dx.doi.org/10.59336/1715hx25.

Full text
Abstract:
This study dwelled on the major causes of currency depreciation in Somalia. The main purpose of the study was to investigate in detail the major causes of local currency depreciation in Somalia. The study used qualitative research method using descriptive research design to investigate the major causes of local currency depreciation in Somalia. The study employed documentary review data collection tool and collected the secondary data through thorough review of the articles and books related to the major causes of local currency depreciation in Somalia. The key findings of the study on the maj
APA, Harvard, Vancouver, ISO, and other styles
10

Uchechukwu, Aleke Jude. "Improving Collaboration and Communication Strategies to Optimise Supply Chain in South Eastern Nigeria in Response to Currency Devaluation: A Holistic Approach." RESEARCH INVENTION JOURNAL OF RESEARCH IN EDUCATION 4, no. 3 (2024): 42–45. http://dx.doi.org/10.59298/rijre/2024/434245.

Full text
Abstract:
The depreciation of currency presented substantial obstacles for firms operating in South Eastern Nigeria, affecting the price of acquiring goods and services, the dynamics of the supply chain, and the overall ability to compete. To overcome these issues, it was essential to improve the coordination and communication methods among all parties involved, since this was key to maximising the efficiency of supply chains. This study employed a holistic strategy to reduce risks, enhance resilience, and take advantage of opportunities in the face of currency changes. Recent research highlights the cr
APA, Harvard, Vancouver, ISO, and other styles
11

Joel, Ihenyen Confidence, Epekele Wisdom, and Owonaro Dorcas Diweri. "CURRENCY DEPRECIATION AND CAPITAL MARKET PERFORMANCE IN NIGERIA." International Journal of Accounting, Management, Economics and Social Sciences (IJAMESC) 1, no. 1 (2023): 1–10. http://dx.doi.org/10.61990/ijamesc.v1i1.12.

Full text
Abstract:
This study looks at the effects of the weakening currency on Nigeria's stock market. Secondary data from the Nigerian Stock Exchange and the Central Bank of Nigeria is analyzed using a quantitative research methodology. Purposeful sampling and multiple regression analysis are used to examine the link between currency depreciation and stock market performance in this investigation. Depreciation of a currency was found to correlate negatively with the performance of capital markets even after controlling for other variables in the model. The results suggest that investors and regulators should k
APA, Harvard, Vancouver, ISO, and other styles
12

Sameer, Adhikari, and D. R. Pallavi. "An Evaluation of Currency Deprecation and its Impact on the Economy: A Conceptual Study." REST Journal on Banking, Accounting and Business 2, no. 2 (2023): 25–31. http://dx.doi.org/10.46632/jbab/2/2/3.

Full text
Abstract:
For any country, value of its currency is considered as one of the major indicators of its economy. In the current global economic scenario where presence of several events plays vital roles in changing the value of any nation’s currency, many governments, corporate houses are concerned about the volatility of the value of their currency. The Currency depreciates when the worth of a country’s currency drops significantly compared to other currency. There are various impact of currency depreciation ranging from micro level such as inflation, Low performance of Industry/Sector, to macro level su
APA, Harvard, Vancouver, ISO, and other styles
13

Hsing, Yu. "Impacts of the Exchange Rate and the Global Interest Rate on Real Output for Ten Selected Latin American Countries." Global Economy Journal 12, no. 1 (2012): 1850253. http://dx.doi.org/10.1515/1524-5861.1830.

Full text
Abstract:
This paper examines the effects of currency depreciation or appreciation, the changing global interest rate and other related macroeconomic variables on real GDP for ten selected Latin American countries, namely, Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Paraguay, Peru, Uruguay and Venezuela. The monetary policy reaction function is incorporated in the formulation of the model. There are several major findings. Currency depreciation hurts real GDP for Argentina, Brazil, Colombia, Mexico, Uruguay and Venezuela whereas the real exchange rate and real GDP exhibit a backward-bending rel
APA, Harvard, Vancouver, ISO, and other styles
14

Ali, Naveed, Izhar Ul Hassan, and Abdul Wahab. "The Mediating Role of Inflation in the Relationship between Currency Depreciation and Economic Growth." Global Social Sciences Review VII, no. I (2022): 417–27. http://dx.doi.org/10.31703/gssr.2022(vii-i).38.

Full text
Abstract:
This study investigates the role of inflation as a mediator between currency depreciation and economic growth in Pakistan from 1972 to 2016. Using the Ng-Parron unit root test, the stationarity of the variables is determined. The outcomes of Ng-Parron unit root tests indicate that all variables in the model exhibit mix-order integration. This paper also employs the Autoregressive Distributive Lag Model (ARDL) to evaluate the relationship between currency depreciation, inflation, and economic expansion. The results show very clearly that the inflation rate does not play a role in the link betwe
APA, Harvard, Vancouver, ISO, and other styles
15

Razzaque, Mohammad A., Sayema Haque Bidisha, and Bazlul Haque Khondker. "Exchange Rate and Economic Growth." Journal of South Asian Development 12, no. 1 (2017): 42–64. http://dx.doi.org/10.1177/0973174117702712.

Full text
Abstract:
This article aims to understand the effects of exchange rate movements on economic growth in Bangladesh. Using a suitable analytical framework to derive an empirical specification, we construct a real exchange rate series and employ cointegration techniques to determine the output response to Bangladeshi currency depreciations. Our results suggest that in the long run, a 10 per cent depreciation of the real exchange rate is associated with, on average, a 3.2 per cent rise in aggregate output. However, a contractionary effect is observed in the short run so that the same magnitude of real depre
APA, Harvard, Vancouver, ISO, and other styles
16

Msomi, Simiso, and Paul-Francios Muzindutsi. "Exchange Rates, Supply Chain Activity/Disruption Effects, and Exports." Forecasting 7, no. 1 (2025): 10. https://doi.org/10.3390/forecast7010010.

Full text
Abstract:
In the past, South African monetary policy aimed to protect the external value of the domestic currency (Rand); however, these efforts failed. Later, its monetary policy approach changed to allow the foreign exchange rate market to determine the exchange rates. In such a change, the South African Reserve Bank (SARB) aimed to stabilize the demand for the Rand in the foreign exchange market by providing information to stabilize market expectations and create favorable market conditions. However, South African policymakers have struggled with currency depreciation since the early 60s, increasing
APA, Harvard, Vancouver, ISO, and other styles
17

Casas, Camila, Sergii Meleshchuk, and Yannick Timmer. "The Dominant Currency Financing Channel of External Adjustment." International Finance Discussion Paper 2022, no. 1343 (2022): 1–86. http://dx.doi.org/10.17016/ifdp.2022.1343.

Full text
Abstract:
We provide evidence of a new channel of how exchange rates affect trade. Using a novel identification strategy that exploits firms' foreign currency debt maturity structure in Colombia around a large depreciation, we show that firms experiencing a stronger debt revaluation of dominant currency debt due to a home currency depreciation compress imports relatively more while exports are unaffected. Dominant currency financing does not lead to an import compression for firms that export, hold foreign currency assets, or are active in the foreign exchange derivatives markets, as they are all hedged
APA, Harvard, Vancouver, ISO, and other styles
18

Arya Garg. "Exploring the Interplay Between Inflation, Currency Depreciation, and Macroeconomic Metrics in India." Innovative Research Thoughts 9, no. 5 (2023): 79–95. http://dx.doi.org/10.36676/irt.2023-v9i5-0.

Full text
Abstract:
This research explores the complex interactions between inflation, currency depreciation, and key macroeconomic indicators within the context of India's rapidly evolving economy. Employing empirical analysis and econometric modelling, the study unveils a symbiotic relationship between inflation and currency depreciation, demonstrating their mutual influence. Additionally, it uncovers how these factors impact critical metrics such as GDP growth, trade balances, foreign exchange reserves, and interest rates. The findings underscore the need for a comprehensive policy approach to address these in
APA, Harvard, Vancouver, ISO, and other styles
19

Tsuruta, Masaru. "Interaction between Sovereign Quanto Credit Default Swap Spreads and Currency Options." Journal of Risk and Financial Management 17, no. 2 (2024): 85. http://dx.doi.org/10.3390/jrfm17020085.

Full text
Abstract:
This study analyzes the term structures of sovereign quanto credit default swap (CDS) spreads and currency options, which are driven by anticipated currency depreciation risk following sovereign credit default (Twin Ds). We develop consistent pricing models for these instruments using a jump-diffusion stochastic volatility model, which allows us to decompose the term structure into the risk components. We find a common risk factor between the intensity process of sovereign credit risk and the stochastic volatility of the exchange rate, and the depreciation risk mainly captures the dependence s
APA, Harvard, Vancouver, ISO, and other styles
20

Mohamud, Iqra Hassan, Zakarie Abdi Warsame, Ahmed Abdirashid Mohamud, Abas Mohamed Hassan, and Ibrahim Hassan Mohamud. "Renewable Energy Consumption in Somalia: Assessing Its Impact on Currency Exchange Rates." International Journal of Energy Economics and Policy 14, no. 6 (2024): 222–29. http://dx.doi.org/10.32479/ijeep.15699.

Full text
Abstract:
This study utilizes an Autoregressive Distributed Lag (ARDL) model to examine the effects of renewable energy, economic growth, and inflation rate on exchange rate fluctuations in Somalia from 1990 to 2019. The analysis shows that economic growth and RE positively influence the exchange rate in both the short and long run. In contrast, inflation negatively impacts the exchange rate in the short run, suggesting short-term currency appreciation, but leads to depreciation in the long term. Moreover, the study finds that a 1% increase in RE results in an 80% increase in the exchange rate, indicati
APA, Harvard, Vancouver, ISO, and other styles
21

Bahmani-Oskooee, Mohsen, and Seyed Ghodsi. "International Real Estate Review." International Real Estate Review 22, no. 2 (2019): 231–74. http://dx.doi.org/10.53383/100281.

Full text
Abstract:
Currency depreciation is said to affect domestic output in either direction, depending on the relative strength of its impact on next exports and the cost of imported inputs. Since increased net exports and eventual economic growth affect the demand for housing and increased cost of imported materials that are used in housing construction affects the supply of housing, we assume that currency depreciation could have an impact on housing output. We test our assumption by using time-series data from each of the states in the U.S. and show that when a linear model is estimated, dollar depreciatio
APA, Harvard, Vancouver, ISO, and other styles
22

Bruno, Valentina, and Hyun Song Shin. "Currency Depreciation and Emerging Market Corporate Distress." Management Science 66, no. 5 (2020): 1935–61. http://dx.doi.org/10.1287/mnsc.2018.3280.

Full text
APA, Harvard, Vancouver, ISO, and other styles
23

Li, Jie, Liping Lan, and Zhigang Ouyang. "Credit constraints, currency depreciation and international trade." Journal of International Money and Finance 104 (June 2020): 102175. http://dx.doi.org/10.1016/j.jimonfin.2020.102175.

Full text
APA, Harvard, Vancouver, ISO, and other styles
24

CECCACCI, SILVIA, ALESSANDRO MARCHESIANI, and LORENZO PECCHI. "PUBLIC DEBT MANAGEMENT AND FOREIGN CURRENCY DENOMINATED BONDS." International Journal of Theoretical and Applied Finance 10, no. 05 (2007): 763–70. http://dx.doi.org/10.1142/s0219024907004469.

Full text
Abstract:
Foreign-currency denominated securities are introduced in a stochastic model à la Missale [13]. It is shown that the percentage share of this bond type, as compared to total debt, is an increasing function of the covariance between the output and the rate of depreciation, but it may or may not be a decreasing function of the volatility of the rate of depreciation.
APA, Harvard, Vancouver, ISO, and other styles
25

Vieira Cicogna, Maria Paula, Rudinei Toneto Jr, Mauricio Ribeiro do Valle, and Wilson Tarantin Junior. "The Predominance of Balance Sheet Effect versus Competitiveness Effect of Exchange Rate on Brazilian Companies." International Journal of Economics and Finance 12, no. 12 (2020): 107. http://dx.doi.org/10.5539/ijef.v12n12p107.

Full text
Abstract:
The present research argues that the depreciation of the exchange rate has a negative effect on the balance sheet of Brazilian companies with debt in foreign currency. This effect is mainly on commodity exporters, since it is the class of companies with the highest indebtedness in the international market, as showed by the results. At the same time, companies with foreign currency debt showed a reduction in their investments in moments of depreciation of the exchange rate, which indicates the predominance of the balance sheet effect. The conclusions of the study were obtained through descripti
APA, Harvard, Vancouver, ISO, and other styles
26

Bozovic, Milos, Branko Urosevic, and Bosko Zivkovic. "On the spillover of exchange rate risk into default risk." Ekonomski anali 54, no. 183 (2009): 32–55. http://dx.doi.org/10.2298/eka0983032b.

Full text
Abstract:
In order to reduce the exchange-rate risk, banks in emerging markets are typically denominating their loans in foreign currencies. However, in the event of a substantial depreciation of the local currency, the payment ability of a foreign-currency borrower may be reduced significantly, exposing the lender to additional default risk. This paper analyses how the exchange-rate risk of foreign currency loans spills over into default risk. We show that in an economy where foreign currency loans are a dominant source of financing economic activity, depreciation of the local currency establishes a ne
APA, Harvard, Vancouver, ISO, and other styles
27

Bhat, Sajad Ahmad, and Javed Ahmad Bhat. "Impact of Exchange Rate Changes on the Trade Balance of India: An Asymmetric Nonlinear Cointegration Approach." Foreign Trade Review 56, no. 1 (2020): 71–88. http://dx.doi.org/10.1177/0015732520961328.

Full text
Abstract:
Applying an asymmetric model, the study reported no evidence of J-curve phenomenon in case of India. In the short-run currency appreciation deteriorates the trade balance and currency depreciation improves it. In the long-run, again the similar response is observed, however, only the impact of currency depreciation is statistically significant. Increase in domestic demand deteriorates the trade balance by a greater magnitude than improvement is observed due to the decline in domestic demand conditions. Finally, foreign demand hike improves the trade balance relatively by a higher magnitude; ho
APA, Harvard, Vancouver, ISO, and other styles
28

Nawaz, Muhammad, and Ejaz Ghani. "Currency depreciation and output nexus: Evidence from Pakistan." Panoeconomicus 65, no. 2 (2018): 183–200. http://dx.doi.org/10.2298/pan151222027n.

Full text
Abstract:
Currency depreciation as a channel of output management has been a hot and controversial topic in both developed and developing economies. In Pakistan?s case, relevant research would require study of annual data available for the period 1972 to 2010. The stationarity of variables under consideration at different orders require the application of the bounds testing approach to cointegration. The findings based on open economy IS-LM framework induce a negative effect of currency depreciation on output levels. This is consistent with the long-run estimates of the autoregressive distributive lag (
APA, Harvard, Vancouver, ISO, and other styles
29

Fujita, Yasunori. "Does Depreciation of Currency Always Invite Debt Trap?" Archives of Business Research 10, no. 8 (2022): 109–13. http://dx.doi.org/10.14738/abr.108.12889.

Full text
Abstract:
In the present paper, motivated by the debate over the causes of the debt trap Sri Lanka fell into and by extending Padoan et al (2012) that focused on a country with domestic debt only, we construct a theoretical model that incorporates the foreign debt to investigate the condition where the debt trap is avoided. The results we obtain are as follows. (1) Country falls into the debt trap no matter what the exchange rate is if the growth rate of the GDP without foreign debt is low, the government expenditure is not effective, increase in the foreign debt is smaller the foreign interest rate is
APA, Harvard, Vancouver, ISO, and other styles
30

Dilanchiev, Azer, and Tengiz Taktakishvili. "Currency Depreciation Nexus Country's Export: Evidence from Georgia." Universal Journal of Accounting and Finance 9, no. 5 (2021): 1116–24. http://dx.doi.org/10.13189/ujaf.2021.090521.

Full text
APA, Harvard, Vancouver, ISO, and other styles
31

Hsing, Yu. "Is Currency Depreciation or Appreciation Expansionary in Turkey?" Journal of Economics and Business 1, no. 1 (2018): 1–7. http://dx.doi.org/10.31014/aior.1992.01.01.1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
32

Bahmani-Oskooee, Mohsen, and Massomeh Hajilee. "On the relation between currency depreciation and wages." Applied Economics Letters 17, no. 6 (2010): 525–30. http://dx.doi.org/10.1080/13504850802112278.

Full text
APA, Harvard, Vancouver, ISO, and other styles
33

Glassman, Debra, and Angela Redish. "Currency depreciation in early modern England and France." Explorations in Economic History 25, no. 1 (1988): 75–97. http://dx.doi.org/10.1016/0014-4983(88)90023-x.

Full text
APA, Harvard, Vancouver, ISO, and other styles
34

COETZEE, Z. R., K. KWARADA, W. NAUDE, and J. SWANEPOEL. "Currency Depreciation, Trade Liberalisation and Economic Development 1." South African Journal of Economics 65, no. 2 (1997): 78–88. http://dx.doi.org/10.1111/j.1813-6982.1997.tb01359.x.

Full text
APA, Harvard, Vancouver, ISO, and other styles
35

Hsing, Yu. "Is Currency Appreciation or Depreciation Expansionary in Thailand?" Journal of Asian Finance, Economics and Business 5, no. 1 (2018): 5–9. http://dx.doi.org/10.13106/jafeb.2018.vol5.no1.5.

Full text
APA, Harvard, Vancouver, ISO, and other styles
36

Gernant, Paul L. "Will a currency depreciation improve the trade account?" Atlantic Economic Journal 18, no. 3 (1990): 130. http://dx.doi.org/10.1007/bf02298981.

Full text
APA, Harvard, Vancouver, ISO, and other styles
37

Hsing, Yu. "Is Currency Appreciation or Depreciation Expansionary in Kosovo?" Zagreb International Review of Economics and Business 22, no. 1 (2019): 47–54. http://dx.doi.org/10.2478/zireb-2019-0011.

Full text
Abstract:
Abstract Applying an extended IS-MP-AS model (Romer, 2000), this paper shows that real depreciation of the euro raises real GDP in Kosovo and that a lower real lending rate in the euro area, a higher real GDP in Germany, a lower real oil price, or a lower expected inflation rate would help increase real GDP. More government deficit spending as a percent of GDP does not affect real GDP.
APA, Harvard, Vancouver, ISO, and other styles
38

Yu, Hsing. "Is Currency Depreciation or Appreciation Expansionary in Turkey?" Journal of Economics and Business 1, no. 1 (2018): 1–7. https://doi.org/10.5281/zenodo.1196001.

Full text
Abstract:
Based on an extended IS-MP-AS model (Romer, 2000), this paper finds that real appreciation raised real GDP in Turkey during 2002.Q2-2011.Q2 whereas real depreciation helped increase real GDP during 2011.Q3-2017.Q1.In addition, a lower government debt-to-GDP ratio, a lower lagged world real interest rate, a lower real oil price or a lower expected inflation rate helped raise real GDP. These results suggest that the relationship between aggregate output and exchange rates may be subject to structural changes and that a prudent fiscal policy would be more appropriate.
APA, Harvard, Vancouver, ISO, and other styles
39

VASILEV, Aleksander. "The role of endogenous capital depreciation rate for business cycle dynamics: lessons from Bulgaria (1999-2018)." Journal of Mathematical Economics and Finance 6, no. 2 (2020): 7. http://dx.doi.org/10.14505/jmef.v6.2(11).01.

Full text
Abstract:

 
 
 We allow for an endogenous depreciation rate of physical capital stock into a real-business-cycle model with a government sector. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999-2018). We investigate the quantitative importance of the endogenous depreciation rate, and indirectly, the capital utilization mechanism for cyclical fluctuations in Bulgaria. Allowing for endogenous variations in the depreciation rate of capital improves the model performance against data, and in addition this extended setu
APA, Harvard, Vancouver, ISO, and other styles
40

G.L., Parvathamma. "RUPEE DEPRECIATION AGAINST THE DOLLAR AND ITS IMPACT ON INDIAN ECONOMY." Shanlax International Journal of Arts, Science and Humanities 6, S2 (2019): 105–12. https://doi.org/10.5281/zenodo.2566229.

Full text
Abstract:
<em>India being a developing economy with high inflation, depreciation of the currency is quite natural. Depreciation of rupee is good, so long as it is not volatile. A random depreciation that we have seen&nbsp;in the last few months is bad and it has hurt the economy.</em><em> India&rsquo;s domestic-focused economy has continued to outperform peers, with gross domestic product (GDP) expanding at 8.2 per cent in the June quarter &ndash; the fastest pace in a couple of years. Still, currency-market volatility and rising global interest in safe-haven assets could outweigh broader growth in the
APA, Harvard, Vancouver, ISO, and other styles
41

Marković, Ivan, and Milan Marković. "The Impact Of Exchange Rate Pass-Through On Serbian Export Competitiveness." Economic Themes 52, no. 2 (2014): 197–214. http://dx.doi.org/10.1515/ethemes-2014-0014.

Full text
Abstract:
Abstract The permanent existence of inflation in Serbia adversely affects achievement of macroeconomic stability. Its effects are reflected in a decrease in the real exchange rate, low price competitiveness of exports and deterioration in the balance of payments. The real exchange rate is an instrument which shows that in conditions of faster growth rate in a country than abroad, the domestic economy can't be competitive in the international market. Implementation of appropriate exchange rate regime inevitably leads to problems of exchange rate changes on import prices and inflation. The resea
APA, Harvard, Vancouver, ISO, and other styles
42

Ershov, Mikhail V. "On Some Aspects of the Foreign Exchange Influence on Socio-Economic Tendencies." Obshchestvennye nauki i sovremennost, no. 5 (2021): 7. http://dx.doi.org/10.31857/s086904990017290-1.

Full text
Abstract:
World’s financial markets have undergone significant changes in recent years. The COVID-19 pandemic that began in 2020 contributed to increased volatility in the markets and increased uncertainty about future development. At the same time, the currency sphere is still one of the most important for maintaining stability in the economy and is a successful exit from the crisis. As the article indicates, in times of crisis the national currencies of emerging markets and developing countries experience increased volatility and tendencies towards depreciation. Raising interest rates of the leading c
APA, Harvard, Vancouver, ISO, and other styles
43

Sıklar, Ilyas, Veysel Karagol, and Suzan Sahin. "Is There Any Meaningful Ratchet Effect in the Process of Currency Substitution? Evidence from Turkey." Business and Economic Research 7, no. 2 (2017): 146. http://dx.doi.org/10.5296/ber.v7i2.11500.

Full text
Abstract:
Currency substitution is an important phenomenon that has emerged with the liberalization of economies. In the Turkish economy, the studies about the currency substitution have gained momentum as a result of the extreme depreciation of the domestic currency in early 2000s. Switching to the flexible exchange rate system practice after the 2000-2001 crisis and putting into implement the inflation targeting strategy since 2005 have significantly reduced the currency substitution rate. Since 2014, the depreciation of domestic currency has made the currency substitution phenomenon a current issue a
APA, Harvard, Vancouver, ISO, and other styles
44

KHAN, Shabeer, Abdullah Talha GENÇ, and Mervan SELÇUK. "Comparative Investigation of Inflation in Pakistan and Turkey: Fresh Insights from the Wavelet Coherence Approach." International Journal of Contemporary Economics and Administrative Sciences 13, no. 1 (2023): 181–99. https://doi.org/10.5281/zenodo.8332801.

Full text
Abstract:
Pakistan and Turkey share the same macroeconomic fundamentals as energy dependence, double digits inflation, and tremendous currency depreciation. This paper aims at analyzing the impact that exchange rate, interest rate, and oil price have on the inflation rate in Turkey and Pakistan by using the data period of 2010:M1-2021:M12 and employing the wavelet coherence model. The results show that currency deprecation boosts inflation in both economies. Interest contribution to inflation is more significant in the case of Pakistan compared to Turkey while oil prices only increase inflation in Pakis
APA, Harvard, Vancouver, ISO, and other styles
45

Kurihara, Yutaka. "Has the exchange depreciation contributed to exports? The Japanese case." Archives of Business Research 8, no. 4 (2020): 47–54. http://dx.doi.org/10.14738/abr.84.8073.

Full text
Abstract:
Many people believe that depreciation of exchange rate promotes exports and leads to economic growth. Export-oriented countries sometimes become very nervous about currency appreciation. This study examines whether or not the Japanese yen’s depreciation has increased volume of exports after Abenomics, which flowed a large amount of capital into the domestic markets to boost the economy. The Japanese yen has depreciated according to quantitative easing, however, whether or not the volume of exports has increased is not certain. Empirical results of this study show that there is not a strong rel
APA, Harvard, Vancouver, ISO, and other styles
46

Chanthol, Hay. "Uncovered Interest Parity and Expected Depreciation in a Dollarized Cambodian Economy." Journal of Asian Research 5, no. 1 (2021): p47. http://dx.doi.org/10.22158/jar.v5n1p47.

Full text
Abstract:
This paper tests the Uncovered Interest Parity (UIP) for Cambodian economy using the Generalized Methods of Moment (GMM). GMM method is used to address the weak result of simple OLS method, including the problems of endoneneity, serial correlation, heteroskedasticity. The result showed that, during the period of exchange rate stability, UIP is not valid even the country is a very highly dollarized economy and people can save in both local currency and USD in domestic banks. The UIP coefficient is negative and significant for three-month and six-month interest rates. The negative coefficient su
APA, Harvard, Vancouver, ISO, and other styles
47

Arjunsingh, G. Thakur. "Depreciation of the Renminbi: A Boost to China's Economy." International Journal of Management and Commerce Innovations 10, no. 2 (2023): 417–25. https://doi.org/10.5281/zenodo.7698247.

Full text
Abstract:
<strong>Abstract:</strong> Since the middle of the 1990s, China&#39;s economy has experienced spectacular growth in its exports. It enabled the country to maintain a highly favourable trade balance with the majority of its trading partners as well as substantial foreign exchange reserves. China has been accused by its trading partners of maintaining a depreciated currency in order to keep its exports high while maintaining cost competitiveness for its goods on the world market. By the middle of 2010, China was under increasing pressure from all sides to revalue its currency in order to reflect
APA, Harvard, Vancouver, ISO, and other styles
48

Anagun, Adeyemi Michael, and Peter Minasu Agosu. "Does Exchange Rate Depreciation and Trade Balance Impede Economic Growth in Nigeria?" Jurnal Ilmu Ekonomi Terapan 9, no. 2 (2024): 171–84. https://doi.org/10.20473/jiet.v9i2.52444.

Full text
Abstract:
The Nigerian currency has experienced a significant depreciation due to its exchange with foreign currencies, particularly the dollar. This exchange rate depreciation affects purchasing power, real wages, foreign trade, debt servicing, macroeconomic stability, and interest rates. The study then seeks to fill a knowledge gap on the asymmetric link between exchange rate depreciation, trade balance, and economic growth in Nigeria. The Phillip-Perron and Augmented Dickey-Fuller unit root tests found mixed stationarity, whereas the ARDL bound cointegration test revealed a long-term link between the
APA, Harvard, Vancouver, ISO, and other styles
49

O. Adaramola, Anthony, Mojisola A. Abere, and Omoruyi Fidelis Ogiamien. "Effect of Exchange Rate on Stock Price Movement in Nigeria." Financial Markets, Institutions and Risks 7, no. 2 (2023): 18–27. http://dx.doi.org/10.21272/fmir.7(2).18-27.2023.

Full text
Abstract:
Theories of exchange rate in developing economies suggest that between exchange rate and stock price movement, a positive relationship exists. In Nigeria, depreciation of local currency to many seems not to have brought about the expected increase in export or output in the industrial sector, let alone the firms’ stock prices. This study was therefore set out to investigate the effect that exchange rate has on stock price movement in Nigeria and the direction of causality between the two. Data on exchange rate, interest rate, inflation rate, gross domestic product and stock market index in Nig
APA, Harvard, Vancouver, ISO, and other styles
50

Bahmani-Oskooee, Mohsen, and Tatchawan Kanitpong. "Thailand’s trade balance with each of her 15 largest partners: an asymmetry analysis." Journal of Economic Studies 45, no. 3 (2018): 660–72. http://dx.doi.org/10.1108/jes-10-2017-0307.

Full text
Abstract:
Purpose The purpose of this paper is to assess asymmetric effects of exchange rate changes on Thailand’s trade balances. Design/methodology/approach The design methodology is based on the nonlinear ARDL approach of Shin et al. (2014). Findings The authors find strong support for the asymmetric effects of exchange rate changes on the Thailand trade balance with most partners, including the three largest partners, China, Japan and the USA. Research limitations/implications The long-run asymmetric effects revealed that while baht depreciation will hurt Thailand’s trade balance with China, it will
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!