Fiscal deficits and mean reversion in real exchange rates

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 118
Issue: 2
Pages: 300-303

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The mean reversion of real exchange rates in G5 countries depends on both countries’ fiscal deficits/surplus in a nonlinear way. When the fiscal policy pushes the real exchange rate to be deviated further away from the equilibrium level, the mean reversion process is faster.

Technical Details

RePEc Handle
repec:eee:ecolet:v:118:y:2013:i:2:p:300-303
Journal Field
General
Author Count
3
Added to Database
2026-01-25