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Investigating the Relationship between Real Exchange Rate Misalignment and Imports of Intermediate-Capital and Consumer Goods in Iran

Teymour Mohammadi; Ali Hosein Nabi-Zadeh

Volume 13, Issue 51 , January 2014, , Pages 113-149

Abstract
  Volatility of the exchange rate and its deviation from the equilibrium path is one of the most important economic variables. Theoretical studies and empirical evidence show that the deviation of the exchange rate from its equilibrium path and its volatility can potentially affect trade (import and export), ...  Read More