IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/27480.html
   My bibliography  Save this paper

Le Taux de Change Réel et les Performances macroéconomiques: Une Application à Trois Pays de l’UEMOA
[Real Exchange Rate and Macroeconomic Performances: Evidence from three countries of WAEMU]

Author

Listed:
  • Fiodendji, Komlan

Abstract

In this paper, it is necessary to establish the degree of surevaluation and volatility of real exchange rate and measure the impact of these distortions in the macroeconomic performance of the WAEMU countries. According to our analysis it appears that the overvaluation and volatility of the TCR are among the factors that threaten economic growth in these countries. Directly or indirectly overvaluation and instability of TCR negatively affect growth in real GDP per capita.

Suggested Citation

  • Fiodendji, Komlan, 2001. "Le Taux de Change Réel et les Performances macroéconomiques: Une Application à Trois Pays de l’UEMOA
    [Real Exchange Rate and Macroeconomic Performances: Evidence from three countries of WAEMU]
    ," MPRA Paper 27480, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:27480
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/27480/1/MPRA_paper_27480.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:dau:papers:123456789/608 is not listed on IDEAS
    2. Shantayanan Devarajan & Jaime de Melo, 2015. "Adjustment with a Fixed Exchange Rate: Cameroon, Côte d'Ivoire, and Senegal," World Scientific Book Chapters,in: Developing Countries in the World Economy, chapter 4, pages 83-123 World Scientific Publishing Co. Pte. Ltd..
    3. Devarajan, Shantayanan & Lewis, Jeffrey D & Robinson, Sherman, 1993. "External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate," World Bank Economic Review, World Bank Group, vol. 7(1), pages 45-63, January.
    4. Rudolf R. Rhomberg, 1976. "Indices of Effective Exchange Rates (Indices de taux de change effectifs) (Indices de tipos de cambio efectivos)," IMF Staff Papers, Palgrave Macmillan, vol. 23(1), pages 88-112, March.
    5. Cottani, Joaquin A & Cavallo, Domingo F & Khan, M Shahbaz, 1990. "Real Exchange Rate Behavior and Economic Performance in LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 39(1), pages 61-76, October.
    6. Jean-Marie Gankou, 1987. "Dévaluation et politique d'ajustement," Revue Tiers Monde, Programme National Persée, vol. 28(109), pages 209-227.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Taux de change réel; Performances macroéconomiques; UEMOA;

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:27480. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.