The equilibrium real exchange rate is estimated for India using Edwards (1989) model and cointegration and error correction methodology.
What does ERER stand for?
ERER stands for Equilibrium Real Exchange Rate
This definition appears very rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of ERER
We have 2 other meanings of ERER in our Acronym Attic
- Encontro Regional dos Estudantes de Psicologia
- Environment and Resource Efficiency Plan (Australia)
- Environmental Radiation and Emergency Preparedness
- Environmental Record Editing and Printing (IBM)
- Ethiopian Rural Education Project (LearningWell Partners International, Inc.)
- Extended Range Electronic Projectile
- East River Electric Power Cooperative, Inc. (Madison, SD)
- Employee Rights and Employment Policy Journal
- Engineering Refractive Effects Prediction System
- Electronic Real Estate Recording (Minnesota)
- Eye Radiation Environmental Research Laboratory (New York; Columbia University)
- Electronic Record, Electronic Signature (pharmaceutical industry)
- Electronic Reserve
- Emerging Renewable Energy Sources
- Épargne Retraite et Salariale (French: Salary and Retirement Savings)
- European Rare Earth and Actinide Society (Switzerland)
- European Real Estate Society (est. 1994)
- Exceptional Recreational or Ecological Significance (US EPA)
- Enduring Resources for Earth Science Education
- Enhanced Radar Environmental Simulation System
Samples in periodicals archive:
Solving for three endogenous variables of real output, the nominal interest rate and the real exchange rate, we can express the equilibrium real exchange rate as: [bar.
The editors (all of the International Monetary Fund) have organized the studies into three parts focused on the determination and impact of the real exchange rate, assessing competitiveness and the equilibrium real exchange rate in specific countries or country groups, and considerations in the choice of exchange rate regime.
More recently, Zhang (2001) adopts an equilibrium real exchange rate approach and the cointegration techniques and finds that investment, government consumption, growth rate of exports, and the degree of openness of the economy to trade are main explanatory factors for the RMB's long-term equilibrium path from the mid-1950s to the mid-1990s.
To find equilibrium real exchange rates in Poland and Romania quantitatively, Maryla Maliszewska develops a long-run model based on fundamental variables, such as productivity, the level of employment, the unemployment rate, and the ratio of exports to imports.
This approach assumes that equilibrium real exchange rates remain constant over time and therefore, the nominal exchange rate movement tends to offset relative price movements.
The underlying assumption is that something - like differences in productivity growth causing differences in the trend relative price of nontraded goods, which are part of the bundles of goods included in the real exchange rate measure - cause the equilibrium real exchange rate to show a trend.
Exogenous changes in money demand change the equilibrium real exchange rate in the same manner.