文章基本信息

标题：Exchange Rate Economics in Transition Economies
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作者：Tica, Josip
期刊名称：Zagreb International Review of Economics and Business
印刷版ISSN：1331-5609
出版年度：2006
卷号：9
期号：2
页码：155-170
出版社：Ekonomski fakultet Sveučilišta u Zagrebu
摘要：The goal of this paper is to empirically and theoretically analyze real exchange rate movements in transition countries. Since the beginning of the transition process, continuous real exchange rate appreciation has become stylized fact of all transitional economies. Most of the mainstream models of exchange rate economics have proven to be inadequate in explaining the real exchange rate movements in transition economies. Therefore, new, transition specific theories emerged as possible explanations. This paper seeks to investigate and empirically validate all transition specific theoretical frameworks which were used in explaining real exchange rate movements since the beginning of the transition.
关键词：real exchange rate; exchange rate based stabilization syndrome; Harrod Balassa Samuelson theorem; Feldstein-Horioka puzzle