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- W1581218129 abstract "This study investigates the link between real performances and the exchange rate arrangement depending on alternative exchange rate regime classi cations: the o cial one (IMF) and two de facto, a statistical one proposed by Levy-Yeyati and Sturzenegger (2000a) (LYS) and an historical one suggested by Bubula and Otker-Robe (2002) (BOR). Some studies consider that major economic and political events represent main shocks on economic time series. These shocks may be detected in using outlier methodology. Hence, we identify outliers for fourteen West African countries in in ation and growth series. Assuming that outliers may be associated with exchange rate regime shifts, we compare issues depending on the three classi cations. Our results con rm two main things: rst, there is a strong relationship between exchange rate arrangement and real performances; second, de facto classi cations have to be taken into account to improve empirical studies relative to the choice of exchange rate regime and its impact on real performances." @default.
- W1581218129 created "2016-06-24" @default.
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- W1581218129 date "2004-09-27" @default.
- W1581218129 modified "2023-09-27" @default.
- W1581218129 title "Exchange rate regime classification and real performances: new empirical evidence" @default.
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