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Nominal Effective Exchange Rate Neutrality: The Case Of Macedonia

Author

Listed:
  • Dushko Josheski

    (Teaching assistant)

  • Darko Lazarov

    (Teaching assistant)

Abstract

This paper uses quarterly data on Macedonian nominal effective exchange rate for the time period 1992 to 2009 along with six other variables to investigate the nominal effective exchange rate neutrality. SVAR and Impulse response functions had been used to prove the hypothesis. Empirical evidence in this paper supports the nominal exchange rate neutrality in the case of Macedonia.

Suggested Citation

  • Dushko Josheski & Darko Lazarov, 2012. "Nominal Effective Exchange Rate Neutrality: The Case Of Macedonia," Journal Articles, Center For Economic Analyses, pages 17-24, June.
    • Handle: RePEc:cmk:journl:y:2012:p:17-24
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    NEER; SVAR; Impulse response functions;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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