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Estimating the Behavior of the Real Exchange Rate in Iran

Abdolmajid Jalaie; Hamid Reza Horri; Fatemeh Irani Kermani

Volume 6, Issue 22 , October 2006, , Pages 229-255

Abstract
  How the real exchange rate behavior is affected by macroeconomic variables within a country is important. Accordingly, this paper has tried, to explain the behavior of it, and to estimate RER for Iran in period of 1959 to 2004.  Estimation of the model has been done through VAR and VECM.  ...  Read More