scholarly journals Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective

2016 ◽  
Author(s):  
Gianluca Benigno ◽  
Huigang Chen ◽  
Christopher Otrok ◽  
Alessandro Rebucci ◽  
Eric Young
2016 ◽  
Vol 84 ◽  
pp. 147-165 ◽  
Author(s):  
Gianluca Benigno ◽  
Huigang Chen ◽  
Christopher Otrok ◽  
Alessandro Rebucci ◽  
Eric R. Young

Author(s):  
Gianluca Benigno ◽  
Huigang Chen ◽  
Alessandro Rebucci ◽  
Christopher Otrok ◽  
Eric Young

2008 ◽  
Vol 55 (4) ◽  
pp. 439-464
Author(s):  
Marrakchi Charfi

Tunisia has experienced a performance when pursuing a constant real exchange rate rule. The limitations of this rule are beginning to emerge in the context of a more open economy, which desire to relax capital controls. This paper estimates the equilibrium real exchange rate of the dinar vis ? vis the euro and the $US from 1983 to 2000, using quarterly data, based on the following fundamental variables: terms of trade, net capital inflows and the differential of productivity. Results show that Tunisian dinar was overvalued before the 1986 devaluation, becomes close to its equilibrium value over the 90s'. In the beginning of this century (2000), authorities permit a larger fluctuation of the real effective exchange rate. .


2012 ◽  
Author(s):  
Gianluca Benigno ◽  
Christopher Otrok ◽  
Alessandro Rebucci ◽  
Eric R. Young ◽  
Huigang Chen

2012 ◽  
Author(s):  
Gianluca Benigno ◽  
Huigang Chen ◽  
Christopher Otrok ◽  
Alessandro Rebucci ◽  
Eric R. Young

Economica ◽  
1990 ◽  
Vol 57 (225) ◽  
pp. 15 ◽  
Author(s):  
Sweder van Wijnbergen

Sign in / Sign up

Export Citation Format

Share Document