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ERER
(redirected from Equilibrium Real Exchange Rate)

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AcronymDefinition
EREREquilibrium Real Exchange Rate


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? References in periodicals archive
Zhou (1997) cannot reject a unit root in the real exchange rate for five countries with episodes of high inflation but concludes in favor of stationarity after allowing for structural breaks that represent shifts in the level and/or the time trend of the estimated equilibrium real exchange rate.
Mean reversion of real exchange rates in high-inflation countries by Mizen, Paul / Southern Economic Journal
5) Finally, we define an equilibrium real exchange rate as the permanent/trend component of the actual rate.
The response of real exchange rates to various economic shocks by Zhou, Su / Southern Economic Journal
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