This study examines the factors determining nominal exchange rate in 77 developing countries for the period of 2004-2016. Panel data regression model is constructed in the econometric estimations. According to empirical results, anti-inflationary policies are necessary to achieve lower nominal exchange rates in developing countries. Economic growth stemming from higher capital formation contributes to lower nominal exchange rates as well as implementing economic policies towards increasing international reserves
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|