On the long-run determinants of real exchange rates for developing countries : Evidence from Africa , Latin America and Asia

@inproceedings{Rault2003OnTL,
  title={On the long-run determinants of real exchange rates for developing countries : Evidence from Africa , Latin America and Asia},
  author={Christophe Rault},
  year={2003}
}
The main goal of this paper is to tackle the empirical issues of the real exchange rate litterature by applying recently developed panel cointegration techniques to a structural long-run real exchange rate equation. We consider here a sample of 45 developing countries, divided into three groups according to geographical criteria: Africa, Latin America and… CONTINUE READING