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Real exchange rate misalignments, trade imbalances and output gap : (Record no. 55824)

MARC details
000 -LEADER
fixed length control field 03119cam a2200325 a 4500
003 - CONTROL NUMBER IDENTIFIER
control field EG-GiCUC
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250223031449.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 160403s2015 ua d f m 000 0 eng d
040 ## - CATALOGING SOURCE
Original cataloging agency EG-GiCUC
Language of cataloging eng
Transcribing agency EG-GiCUC
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
049 ## - LOCAL HOLDINGS (OCLC)
Holding library Deposite
097 ## - Thesis Degree
Thesis Level Ph.D
099 ## - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number Cai01.03.02.Ph.D.2015.Ra.R
100 0# - MAIN ENTRY--PERSONAL NAME
Personal name Rana Hosni Ismail Ahmed
245 10 - TITLE STATEMENT
Title Real exchange rate misalignments, trade imbalances and output gap :
Remainder of title An empirical analysis for Egypt /
Statement of responsibility, etc. Rana Hosni Ismail Ahmed ; Supervised Alaa Elshazly
246 15 - VARYING FORM OF TITLE
Title proper/short title انحراف سعر الصرف الحقيقى اختلال الميزان التجارى وفجوة الناتج :
Remainder of title دراسة تطبيقية للاقتصاد المصرى
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Cairo :
Name of publisher, distributor, etc. Rana Hosni Ismail Ahmed ,
Date of publication, distribution, etc. 2015
300 ## - PHYSICAL DESCRIPTION
Extent 220 P. :
Other physical details charts ;
Dimensions 25cm
502 ## - DISSERTATION NOTE
Dissertation note Thesis (Ph.D.) - Cairo University - Faculty of Economics and Political Science - Department of Economics
520 ## - SUMMARY, ETC.
Summary, etc. This study explores whether real exchange rate misalignment has any effects on the trade balance and output gap in Egypt during the period (1974-2012). In order to empirically examine the link between exchange rate misalignment and trade balance during this period, time-series econometric tools including unit root tests, co-integration analysis and vector error correction model are employed. The empirical results show that there exists a negative relationship between the misalignment of the real exchange rate and the trade balance in Egypt. A deviation of the actual real effective exchange rate from its equilibrium level by 1 percent leads to a deterioration of the trade balance that ranges between 0.03 and 0.07 percent. Both undervaluation and overvaluation of the Egyptian pound may negatively affect the performance of trade balance based on the misalignment model used. Also, there is no evidence for the presence of the J-curve hypothesis in the case of Egypt. The generalized method of moments is used to quantify the effect of real exchange rate misalignment on output gap during the same period. The findings suggest a weak positive relationship between the two variables. In particular, a 1 percent increase in misalignment has an impact that does not exceed 0.07 percent on output gap. As regards the effects of undervaluation and overvaluation indices, they all seem, though weakly, to impact the output gap positively in the Egyptian case. These findings suggest that if Egypt wants to reap benefits from its overall economic reform process, efforts for redirecting monetary policy towards correcting exchange rate misalignments should be motivated. Moreover, industry and other productive sectors modernization should be at the top of the Egyptian policy agenda to promote exports and improve the trade balance.
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE
Additional physical form available note Issued also as CD
653 #4 - INDEX TERM--UNCONTROLLED
Uncontrolled term Output Gap
653 #4 - INDEX TERM--UNCONTROLLED
Uncontrolled term Real Exchange Rate Misalignment
653 #4 - INDEX TERM--UNCONTROLLED
Uncontrolled term Trade Balance
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Alaa Elshazly ,
Relator term
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://172.23.153.220/th.pdf">http://172.23.153.220/th.pdf</a>
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
Cataloger Nazla
Reviser Revisor
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
Cataloger Soheir
Reviser Cataloger
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Thesis
Holdings
Source of classification or shelving scheme Not for loan Home library Current library Date acquired Full call number Barcode Date last seen Koha item type Copy number
Dewey Decimal Classification   المكتبة المركزبة الجديدة - جامعة القاهرة قاعة الرسائل الجامعية - الدور الاول 11.02.2024 Cai01.03.02.Ph.D.2015.Ra.R 01010110068420000 22.09.2023 Thesis  
Dewey Decimal Classification   المكتبة المركزبة الجديدة - جامعة القاهرة مخـــزن الرســائل الجـــامعية - البدروم 11.02.2024 Cai01.03.02.Ph.D.2015.Ra.R 01020110068420000 22.09.2023 CD - Rom 68420.CD