Work

misalignment of the Algerian dinar's real effective exchange rate

Year: 2024

Type: article

Abstract: This paper analyzes exchange rate misalignments in Algeria from 1980 to 2020 using the behavioral BEER method. We investigate the real effective exchange rate (REER) and its cointegration with key economic indicators in Algeria. By considering Algeria's level of commercial openness, we identify periods of misalignment and examine their causes and effects. Our findings reveal significant fluctuations in the exchange rate, deviating from its long-term equilibrium.

Source: les cahiers du cread

DOI: 10.4314/cread.v40i1.4

Authors: Hasni Abderrahim, Azzaoui Khaled

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4403105492

FWCI: 0.682

Cites:

Cited by: 1

Related to: 10