Exploring the relationship between exchange rate misalignment uncertainty and economic growth in South Africa

References

• Adeniyi, A. P., & Olasunkanmi, A. O. (2019). Impact of exchange rate volatility on economic growth in Nigeria (1980-2016. International Journal of Management Studies and Social Science Research, 1(4), 6–30.
   Google Scholar
• Amaira, B. (2021). Real effective exchange rate misalignment of the Tunisian dinar. The Romanian Economic Journal, 24(80). https://doi.org/10.1016/j.qref.2023.01.007
   Google Scholar
• Amor, T. H. (2023). Real exchange rate misalignments and economic growth in Tunisia: New evidence from a threshold analysis of asymmetric adjustments. The Quarterly Review of Economics & Finance, 88, 215–227. https://doi.org/10.1016/j.qref.2023.01.007
   Web of Science ®Google Scholar
• Ayele, G. M. (2022). Real exchange rate misalignment and economic growth in East African least developed countries. Heliyon, 8(11), e11840.
   PubMed Web of Science ®Google Scholar
• Benzid, L. (2021). Persistence of real effective exchange rate misalignments in Tunisia. Academy of Entrepreneurship Journal, 27, 1–14.
   Google Scholar
• Bhattarai, K., & Ben-Naser, A. (2020). Real exchange rate misalignments of Libyan dinar: Fundamentals and Markov switching regimes. Journal of Development Economics and Finance, 1, 151–162.
   Google Scholar
• Bollerslev, T. (1986). Generalized autoregressive conditional heteroskedasticity. Journal of Econometrics, 31(3), 307–327.
   Web of Science ®Google Scholar
• Bošnjak, M. (2021). Real effective exchange rate and industrial productivity in Croatia: Wavelet coherence analysis. South East European Journal of Economics and Business, 16(1), 30–37.
   Web of Science ®Google Scholar
• Cuestas, J. C. (2020). Real exchange rate misalignments in CEECs: Have they hindered growth? Empirica, 47, 733–756. https://doi.org/10.1007/s10663-019-09454-5
   Web of Science ®Google Scholar
• Dada, J. T. (2022). On the asymmetric effect of real exchange rate on growth: Evidence from Africa. Economic Journal of Emerging Markets, 14(1), 15–28. https://doi.org/10.20885/ejem.vol14.iss1.art2
   Web of Science ®Google Scholar
• Derbali, A. (2021). The misalignment of real effective exchange rate: Evidence from Tunisia. Graduate Institute of International and Development Studies Working Paper.
   Google Scholar
• Ehigiamusoe, K. U., & Lean, H. H. (2019). Influence of real exchange rate on the finance-growth nexus in the West African region. Economies, 7(1), 23.
   Web of Science ®Google Scholar
• Engle, R. F. (1982). Autoregressive conditional heteroscedasticity with estimates of the variance of United Kingdom inflation. Econometrica: Journal of the Econometric Society, 50(4), 987–1007. https://doi.org/10.2307/1912773
   Web of Science ®Google Scholar
• Giordano, C. (2022). Revisiting the real exchange rate misalignment-economic growth nexus via the across-sector misallocation channel. Banca d’Italia Eurosistema.
   Google Scholar
• Hadhek, Z. (2019). The variability of the Tunisian real exchange rate. International Journal of Economics and Finance, 11(1), 115–128.
   Google Scholar
• Hodrick, R. J. J. O. M., PRESCOTI, E., & Credit and Banking. (1997). Postwar US business cycles: An empirical investigation. Journal of Money, Credit, and Banking, 29(1), 1–16. https://doi.org/10.2307/2953682
   Web of Science ®Google Scholar
• Iyke, B. N., & Ho, S.-Y. (2021). Exchange rate exposure in the South African stock market before and during the COVID-19 pandemic. Finance Research Letters, 43, 102000. https://doi.org/10.1016/j.frl.2021.102000
   PubMed Web of Science ®Google Scholar
• Jehan, Z., & Irshad, I. (2020). Exchange rate misalignment and economic growth in Pakistan: The role of financial Development. Pakistan Development Review, 59(1), 81–99. https://doi.org/10.30541/v59i1pp.81-99
   Google Scholar
• Kung, H., & Schmid, L. (2015). Innovation, growth, and asset prices. The Journal of Finance, 70(3), 1001–1037.
   Web of Science ®Google Scholar
• Maku, O. A. (2023). Exchange rates and macroeconomic fundamentals in a small-commodity-export-dependent economy. Innovations, 72(2), 361–369.
   Google Scholar
• Mankiw, N. (2010). Macroeconomics. Worth Publishers.
   Google Scholar
• Mankiw, N. (2012). Macroeconomics. USA, Palgrave Macmillan.
   Google Scholar
• Mazorodze, B. T. (2021). Exchange rate misalignment, state fragility, and economic growth in sub-saharan Africa. Cogent Economics & Finance, 9(1), 1898113.
   Web of Science ®Google Scholar
• Mboweni, T. (2001). The Reserve Bank and the Rand: Some historic reflections, address by TT Mboweni. Governor of the South African Reserve Bank.
   Google Scholar
• Mesagan, E. P. (2022). The asymmetric effects of exchange rate on trade balance and output growth. Journal of Economic Asymmetries, 26, e00272. https://doi.org/10.1016/j.jeca.2022.e00272
   Google Scholar
• Mohanty, M. S. (2013). Market volatility and foreign exchange intervention in EMEs: What has changed?-an overview. An Overview (October 2013). BIS Paper(73a).
   Google Scholar
• Morina, F. (2020). The effect of exchange rate volatility on economic growth: Case of the CEE countries. Journal of Risk and Financial Management, 13(8), 177.
   Web of Science ®Google Scholar
• Nganou, J.-P., & Nyanzi, S. (2022). Macroeconomic performance, exchange rate dynamics, and short-run policies in Burundi. Journal of African Development, 23(1), 35–57.
   Google Scholar
• Okoro, R. C. C. U., & Charles, F. B. (2019). Naira exchange rate variation and Nigeria economic growth: A time series study. American Economic & Social Review, 5(2), 21–31.
   Google Scholar
• Onwuka, K. O., & Obi, K. O. (2014). Exchange rate volatility and growth dynamics: Evidence from Selected sub-Saharan African countries. British Journal of Economics, Management & Trade, 6(1), 61–77.
   Google Scholar
• Ramoni-Perazzi, J., & Romero, H. (2022). Exchange rate volatility, corruption, and economic growth. Heliyon, 8(12), e12328.
   PubMed Web of Science ®Google Scholar
• Ramos-Herrera, M. D. C., & Sosvilla-Rivero, S. (2023). Economic growth and deviations from the equilibrium exchange rate. International Review of Economics & Finance, 86, 764–786. https://doi.org/10.1016/j.iref.2023.03.028
   Web of Science ®Google Scholar
• Ribeiro, R. S. (2020). Does real exchange rate undervaluation truly promote economic growth? Structural Change and Economic Dynamics, 52, 408–417. https://doi.org/10.1016/j.strueco.2019.02.005
   Web of Science ®Google Scholar
• SARB. (2023a). HISTORY of BANKNOTES and COIN. Retrieved 14-06-, 2023, from https://www.resbank.co.za/en/home/what-we-do/banknotes-and-coin/history-of-banknotes-and-coin#:~:text=On%2014%20February%201961%2C%20the,does%20not%20demonetise%20its%20currency.
   Google Scholar
• SARB. (2023b). Online statistical query (historical macroeconomic timeseries information). Retrieved 20-03-, 2023, from https://www.resbank.co.za/Research/Statistics/Pages/OnlineDownloadFacility.aspx.
   Google Scholar
• Tarawalie, A. B. (2021). Equilibrium real exchange rate and misalignment: The Sierra Leone perspective. Applied Economics and Finance, 8(3), 41–49.
   Google Scholar
• Ybrayev, Z. (2021). Real exchange rate management and economic growth: Export performance in Kazakhstan, 2009–2019. International Review of Applied Economics, 35(1), 64–90.
   Web of Science ®Google Scholar
• Zhu, W. (2022). Revisiting the nexus between exchange rate, exports and economic growth: Further evidence from Asia. Economic Research-Ekonomska Istraživanja, 35(1), 7128–7146.
   Web of Science ®Google Scholar