Real exchange rate and asymmetric shocks in the West African Monetary Zone (WAMZ)

R Adu, I Litsios, M Baimbridge - Journal of International Financial Markets …, 2019 - Elsevier
This paper examines real effective exchange rate (REER) responses to shocks in exchange
rate determinants for the West African Monetary Zone (WAMZ) over the period 1980–2015 …

[HTML][HTML] ECOWAS single currency: Prospective effects on trade

R Adu, I Litsios, M Baimbridge - Journal of International Money and …, 2022 - Elsevier
This paper examines the impact of the CFA franc on members' bilateral trade flows. We
apply Baier et al.(2019) two-stage estimating technique to establish if the CFA franc trade …

Revisiting the nexus between currency misalignments and growth in the CFA Zone

C Grekou - Economic Modelling, 2015 - Elsevier
In this paper, we revisit the link between currency misalignments and economic growth by
taking into account foreign currency-denominated debt dynamics for the CFA zone countries …

From the French franc to the euro, is there an economic impact for the CFA franc zone countries? A 'bias-corrected'synthetic control method

A Diallo, A Ba - Cogent Economics & Finance, 2024 - Taylor & Francis
This paper assesses the impact of pegging the CFA franc to the euro–at a fixed parity–on
real GDP per capita in the West African Economic and Monetary Union (WAEMU) and the …

[HTML][HTML] Real Equilibrium Exchange Rate in Colombia: Thousands of VEC Models Approach

A Salazar-Díaz, AL Garavito-Acosta… - Lecturas de …, 2023 - scielo.org.co
La metodología Behavioral Equilibrium Exchange Rate (BEER) sugiere muchas variables
como fundamentales de la tasa de cambio real de equilibrio (TCRE). Esto genera …

Exchange rate misalignments and the external balance under a pegged currency system

B Gnimassoun - Review of International Economics, 2017 - Wiley Online Library
This paper analyzes the link between the exchange rate misalignments and the external
balance under a pegged currency system focusing on the former French colonies of Africa …

Monetary union in West Africa and business cycles synchronicity: New evidence

D Simons, R Jean Louis - The World Economy, 2018 - Wiley Online Library
In the light of the initiative of the West African Monetary Zone (WAMZ) to introduce a common
currency by 2020, this paper investigates the intricacies of the business cycles synchronicity …

External and internal exchange rates and the Dutch disease: Evidence from a panel of oil-exporting African countries

E Mien - International Economics, 2021 - Elsevier
Despite an increasing number of empirical studies on the Dutch disease in developing
countries and the evidence that oil revenues tend to appreciate the real exchange rate, there …

Research on dynamic structure of the exchange rate volatility network among the Belt and Road countries based on spillover effect

X Geng, K Guo - Applied Economics Letters, 2022 - Taylor & Francis
The countries taking part in China's 'The Belt and Road'Initiative have achieved greatly
increased trade volume and become more firmly interconnected since the initiative was …

Monetary union, competitiveness and raw commodity dependence: Insights from Africa

A Henry - Comparative Economic Studies, 2019 - Springer
This paper investigates macroeconomic interactions in sub-Saharan African (SSA)
countries, and more specifically, in the franc CFA zone. The CFA monetary zone is a unique …