Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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This paper estimates the equilibrium real effective exchange rate for the Egyptian economy during the period . The paper reviews the evolution of Egypt’s exchange rate policy and the most significant developments of its real effective exchange rate during the same period. Using a behavioral equilibrium exchange rate (BEER) approach, it calculates the extent of real effective exchange rate misalignments in Egypt. There is evidence that the actual real effective exchange rate has deviated from the equilibrium real effective rate with various degrees during the estimation period. The Egyptian pound was overvalued before the launch of the ERSAP. The latter marked an undervaluation period that lasted till 1998. The findings indicate that the pound approached to its equilibrium level thereafter.
Rana Hosni. 2015. \u201cAn Assessment of the Real Exchange Rate Misalignments in Egypt: An Application of the Behavioral Equilibrium Approach\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 15 (GJHSS Volume 15 Issue E2): .
Crossref Journal DOI 10.17406/GJHSS
Print ISSN 0975-587X
e-ISSN 2249-460X
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Total Score: 101
Country: Egypt
Subject: Global Journal of Human-Social Science - E: Economics
Authors: Rana Hosni (PhD/Dr. count: 0)
View Count (all-time): 191
Total Views (Real + Logic): 4359
Total Downloads (simulated): 2275
Publish Date: 2015 04, Tue
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This paper estimates the equilibrium real effective exchange rate for the Egyptian economy during the period . The paper reviews the evolution of Egypt’s exchange rate policy and the most significant developments of its real effective exchange rate during the same period. Using a behavioral equilibrium exchange rate (BEER) approach, it calculates the extent of real effective exchange rate misalignments in Egypt. There is evidence that the actual real effective exchange rate has deviated from the equilibrium real effective rate with various degrees during the estimation period. The Egyptian pound was overvalued before the launch of the ERSAP. The latter marked an undervaluation period that lasted till 1998. The findings indicate that the pound approached to its equilibrium level thereafter.
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