Oil wealth and real exchange rates: The FEER for Norway
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Q. Farooq Akram, 2004. "Oil wealth and real exchange rates: The FEER for Norway," Money Macro and Finance (MMF) Research Group Conference 2004 33, Money Macro and Finance Research Group.
References listed on IDEAS
- Krugman, Paul, 1989.
"Differences in income elasticities and trends in real exchange rates,"
European Economic Review, Elsevier, vol. 33(5), pages 1031-1046, May.
- Paul Krugman, 1988. "Differences In Income Elasticities and Trends in Real Exchange Rates," NBER Working Papers 2761, National Bureau of Economic Research, Inc.
- Hinkle, Lawrence E. & Monteil, Peter J. (ed.), 1999. "Exchange Rate Misalignment: Concepts and Measurement for Developing Countries," OUP Catalogue, Oxford University Press, number 9780195211269.
- Kremers, Jeroen J M & Ericsson, Neil R & Dolado, Juan J, 1992.
"The Power of Cointegration Tests,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 54(3), pages 325-348, August.
- Juan J. Dolado & Neil R. Ericsson & Jeroen J. M. Kremers, 1992. "The power of cointegration tests," International Finance Discussion Papers 431, Board of Governors of the Federal Reserve System (U.S.).
- Corden, W M, 1984. "Booming Sector and Dutch Disease Economics: Survey and Consolidation," Oxford Economic Papers, Oxford University Press, vol. 36(3), pages 359-380, November.
- repec:pri:cepsud:82svensson is not listed on IDEAS
- John Williamson, 1994. "Estimating Equilibrium Exchange Rates," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 17, April.
- Marquez, Jaime, 1990. "Bilateral Trade Elasticities," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 70-77, February.
- James G. MacKinnon, 1990.
"Critical Values for Cointegration Tests,"
Working Paper
1227, Economics Department, Queen's University.
- James G. MacKinnon, 2010. "Critical Values For Cointegration Tests," Working Paper 1227, Economics Department, Queen's University.
- Tom Doan, "undated". "EGTEST: RATS procedure to compute Engle-Granger test for Cointegration," Statistical Software Components RTS00061, Boston College Department of Economics.
- Lars E.O. Svensson & Kjetil Houg & Haakon O.Aa. Solheim & Erling Steigum, 2002. "An Independent Review of Monetary Policy and Institutions in Norway," Working Papers 120, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-125, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mr. Alun H. Thomas & Mr. Jun I Kim & Aqib Aslam, 2008. "Equilibrium Non-Oil Current Account Assessments for Oil Producing Countries," IMF Working Papers 2008/198, International Monetary Fund.
- Bouoiyour, Jamal & Selmi, Refk & Tiwari, Aviral Kumar & Shahbaz, Muhammad, 2015.
"The nexus between oil price and Russia's real exchange rate: Better paths via unconditional vs conditional analysis,"
Energy Economics, Elsevier, vol. 51(C), pages 54-66.
- Jamal Bouoiyour & Refk Selmi & Aviral Kumar Tiwari & Muhammad Shahbaz, 2014. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Working papers of CATT hal-01880335, HAL.
- Jamal Bouoiyour & Refk Selmi & Aviral Kumar Tiwari & Muhammad Shahbaz, 2014. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Working Papers hal-01880335, HAL.
- Jamal Bouoiyour & Refk Selmi & Muhammad Shahbaz & Aviral Kumar Tiwari, 2015. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Post-Print hal-01879678, HAL.
- Yasser Abdih & Charalambos Tsangarides, 2010.
"FEER for the CFA franc,"
Applied Economics, Taylor & Francis Journals, vol. 42(16), pages 2009-2029.
- Mr. Charalambos G Tsangarides & Mr. Yasser Abdih, 2006. "FEER for the CFA Franc," IMF Working Papers 2006/236, International Monetary Fund.
- Q.Farooq Akram & Øyvind Eitrheim & Lucio Sarno, 2006.
"Non-linear Dynamics in Output, Real Exchange Rates and Real Money Balances: Norway, 1830-2003,"
Contributions to Economic Analysis, in: Nonlinear Time Series Analysis of Business Cycles, pages 333-377,
Emerald Group Publishing Limited.
- Q. Farooq Akram & Øyvind Eitrheim & Lucio Sarno, 2005. "Non-linear dynamics in output, real exchange rates and real money balances: Norway, 1830-2003," Working Paper 2005/2, Norges Bank.
- Q. Farooq Akram, 2005. "Efficient consumption of revenues from natural resources – An application to Norwegian petroleum revenues," Working Paper 2005/1, Norges Bank.
- Bouoiyour, Jamal & Selmi, Refk & Tiwari, Aviral Kumar & Shahbaz, Muhammad, 2015.
"The nexus between oil price and Russia's real exchange rate: Better paths via unconditional vs conditional analysis,"
Energy Economics, Elsevier, vol. 51(C), pages 54-66.
- Jamal Bouoiyour & Refk Selmi & Aviral Kumar Tiwari & Muhammad Shahbaz, 2014. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Working Papers hal-01880335, HAL.
- Jamal BOUOIYOUR & Refk SELMI & Muhammad SHAHBAZ & Aviral Kumar TIWARI, 2014. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Working Papers 2014-2015_4, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Sep 2014.
- Jamal Bouoiyour & Refk Selmi & Muhammad Shahbaz & Aviral Kumar Tiwari, 2015. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Post-Print hal-01879678, HAL.
- Jamal Bouoiyour & Refk Selmi & Aviral Kumar Tiwari & Muhammad Shahbaz, 2014. "The Nexus between Oil price and Russia’s Real Exchange rate: Better Paths via Unconditional vs Conditional Analysis," Working papers of CATT hal-01880335, HAL.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Balazs Egert & Carol Leonard, 2008.
"Dutch Disease Scare in Kazakhstan: Is it real?,"
Open Economies Review, Springer, vol. 19(2), pages 147-165, April.
- Balazs Egert & Carol S. Leonard, 2007. "Dutch Disease Scare in Kazakhstan: Is it real?," CESifo Working Paper Series 1961, CESifo.
- Égert, Balázs & Leonard, Carol S., 2007. "Dutch desease scare in Kazakhstan: is it real?," BOFIT Discussion Papers 9/2007, Bank of Finland Institute for Emerging Economies (BOFIT).
- Bal??zs ??gert & Carol S. Leonard, 2007. "Dutch Disease Scare in Kazakhstan: Is It Real?," William Davidson Institute Working Papers Series wp866, William Davidson Institute at the University of Michigan.
- Mohsen Bahmani‐Oskooee & Zohre Ardalani, 2006. "Exchange Rate Sensitivity of U.S. Trade Flows: Evidence from Industry Data," Southern Economic Journal, John Wiley & Sons, vol. 72(3), pages 542-559, January.
- Robert A. Blecker, 2009. "Long-Run Growth in Open Economies: Export-Led Cumulative Causation or a Balance-of-Payments Constraint?," Working Papers 2009-23, American University, Department of Economics.
- Vesselin Hadjiev, 2001. "Econometric Evaluation of the Elasticity of the Foreign Trade through Bi-Spectral Analysis," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 150-167.
- Amitava Krishna Dutt, 2002. "Thirlwall’s Law and Uneven Development," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 24(3), pages 367-390, March.
- Mohsen Bahmani-Oskooee, 1998. "Cointegration Approach to Estimate the Long-Run Trade Elasticities in LDCs," International Economic Journal, Taylor & Francis Journals, vol. 12(3), pages 89-96.
- Eliane Cristina de Araujo & Marcos Vinicius Chiliatto Leite, 2009. "Sobreapreciação Cambial no Brasil: Estimativa, Causas e Consequências (1994-2008)," Discussion Papers 1404, Instituto de Pesquisa Econômica Aplicada - IPEA.
- Jaime R. Marquez, 1994. "The constancy of illusions or the illusion of constancies: income and price elasticities for U.S. imports, 1890-1992," International Finance Discussion Papers 475, Board of Governors of the Federal Reserve System (U.S.).
- Jacqueline Dwyer & Christopher Kent, 1993. "A Re-examination of the Determinants of Australia’s Imports," RBA Research Discussion Papers rdp9312, Reserve Bank of Australia.
- Bussière, Matthieu & Ca' Zorzi, Michele & Chudik, Alexander & Dieppe, Alistair, 2010. "Methodological advances in the assessment of equilibrium exchange rates," Working Paper Series 1151, European Central Bank.
- Natalya Ketenci & Idil Uz, 2011. "Bilateral and regional trade elasticities of the EU," Empirical Economics, Springer, vol. 40(3), pages 839-854, May.
- Bahmani-Oskooee, Mohsen & Goswami, Gour Gobinda, 2004. "Exchange rate sensitivity of Japan's bilateral trade flows," Japan and the World Economy, Elsevier, vol. 16(1), pages 1-15, January.
- Q. Farooq Akram, 2005. "Efficient consumption of revenues from natural resources – An application to Norwegian petroleum revenues," Working Paper 2005/1, Norges Bank.
- Leibovici, Fernando & Waugh, Michael E., 2019.
"International trade and intertemporal substitution,"
Journal of International Economics, Elsevier, vol. 117(C), pages 158-174.
- Fernando Leibovici & Michael E. Waugh, 2014. "International Trade and Intertemporal Substitution," Working Papers 2014_5, York University, Department of Economics.
- Fernando Leibovici & Michael E. Waugh, 2016. "International Trade and Intertemporal Substitution," Working Papers 2017-4, Federal Reserve Bank of St. Louis.
- Fernando Leibovici & Michael E. Waugh, 2014. "International Trade and Intertemporal Substitution," NBER Working Papers 20498, National Bureau of Economic Research, Inc.
- Corsetti, Giancarlo & Martin, Philippe & Pesenti, Paolo, 2007.
"Productivity, terms of trade and the `home market effect',"
Journal of International Economics, Elsevier, vol. 73(1), pages 99-127, September.
- Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2007. "Productivity, terms of trade and the ‘home market effect’," Post-Print hal-03608064, HAL.
- Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2007. "Productivity, terms of trade and the 'home market effect'," Post-Print halshs-00176911, HAL.
- Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2007. "Productivity, terms of trade and the 'home market effect'," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00176911, HAL.
- Chinn, Menzie D., 2000.
"Before the fall: were East Asian currencies overvalued?,"
Emerging Markets Review, Elsevier, vol. 1(2), pages 101-126, September.
- Menzie D. Chinn, 1998. "Before the Fall: Were East Asian Currencies Overvalued?," NBER Working Papers 6491, National Bureau of Economic Research, Inc.
- Mohsen Bahmani-Oskooee & Taggert Brooks, 2003. "A new criteria for selecting the optimum lags in Johansen's cointegration technique," Applied Economics, Taylor & Francis Journals, vol. 35(8), pages 875-880.
- Jesus Felipe & J. S. L. McCombie & Kaukab Naqvi, 2010.
"Is Pakistan's Growth Rate Balance-of-Payments Constrained? Policies and Implications for Development and Growth,"
Oxford Development Studies, Taylor & Francis Journals, vol. 38(4), pages 477-496.
- Felipe, Jesus & McCombie, J. S. L. & Naqvi, Kaukab, 2009. "Is Pakistan’s Growth Rate Balance-of-Payments Constrained? Policies and Implications for Development and Growth," ADB Economics Working Paper Series 160, Asian Development Bank.
- Hubert Gabrisch & Karsten Staehr, 2015.
"The Euro Plus Pact: Competitiveness and External Capital Flows in the EU Countries,"
Journal of Common Market Studies, Wiley Blackwell, vol. 53(3), pages 558-576, May.
- Hubert Gabrisch & Karsten Staehr, 2014. "The Euro Plus Pact. Competitiveness and external capital flows in the EU countries," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 287-325.
- Hubert Gabrisch & Karsten Staehr, 2012. "The Euro Plus Pact: Competitiveness and External Capital Flows in the EU Countries," Working Papers 324, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
- Hubert Gabrisch & Karsten Staehr, 2012. "The Euro Plus Pact: Competitiveness and external capital flows in the EU countries," Bank of Estonia Working Papers wp2012-5, Bank of Estonia, revised 10 Dec 2012.
- Michal Rubaszek, 2009.
"Economic convergence and the fundamental equilibrium exchange rate in Poland,"
Bank i Kredyt, Narodowy Bank Polski, vol. 40(1), pages 7-22.
- Rubaszek, Michał, 2008. "Economic convergence and the fundamental equilibrium exchange rate in Poland," MPRA Paper 12910, University Library of Munich, Germany.
More about this item
Keywords
Equilibrium real exchange rate; FEER; econometric analysis;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2005-03-13 (Energy Economics)
- NEP-IFN-2005-03-13 (International Finance)
Statistics
Access and download statisticsCorrections
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:bno:worpap:2004_16. See general information about how to correct material in RePEc.
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nbgovno.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.