On the Determinants of Exchange Rate Misalignments
type: Dataset
description: The literature on exchange rate misalignments is very extensive as well as the literature on exchange rate determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. As huge capital inflows have been pouring into emerging countries since the climax of the crisis, exchange rate misalignments are becoming a crucial issue for policy makers. For a large panel of emerging and industrialized countries and on the period 1982-2008, we identify, empirically, the main determinants of exchange rate misalignments obtained thanks to a FEER approach (Williamson, 1994). Our analysis put forward trade openness, financial openness and regional specialization as determinant variables of exchange rate misalignments.
issued: 2026-05-10T16:37:29.526381
language: en
modified: 2026-05-10T16:37:29.526385
contact point: Organization
  fn: CCSD
keyword: exchange-rate-misalignments
keyword: exchange-rate-regime
keyword: financial-liberalization
keyword: infoeu-reposemanticsarticle
keyword: international-specialization
keyword: jel-o---economic-development-innovation-technological-change-and-growthoo1---economic-developm
keyword: journal-articles
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: trade-openness
landing page: 1350-4851

On the Determinants of Exchange Rate Misalignments
type: Distribution
format: HTML
issued: 2026-05-10T16:37:29.551407
modified: 2026-05-10T16:37:29.508052
access URL: https://shs.hal.science/halshs-00829460

test_moissonnage_selune
type: Agent