Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries

Mustapha A. Akinkunmi

EN

Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries

Öz

This study examines the exchange rate rebound effects of the Central Bank intervention in the selected ECOWAS economies. An empirical understanding of these effects is very important to trade adjustment as well as the macroeconomic stability in these countries. Using the panel data modelling framework, the study finds that the impact of the Central Bank intervention on exchange rate is insignificant and it does not lead to the exchange rate rebound effect. In addition, monetary policy rate implemented by the monetary authorities significantly influences the level of exchange rate in a positive direction.

Anahtar Kelimeler

Rebound effect, intervention, monetary policy rate

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Mustapha A. Akinkunmi Bu kişi benim

Yayımlanma Tarihi

1 Eylül 2017

Gönderilme Tarihi

1 Eylül 2017

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2017 Cilt: 7 Sayı: 3

IZ

https://izlik.org/JA27WL87ZT

Kaynak Göster

RIS / Bibtex

APA

Akinkunmi, M. A. (2017). Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries. International Journal of Economics and Financial Issues, 7(3), 489-500. https://izlik.org/JA27WL87ZT

AMA

1.Akinkunmi MA. Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries. IJEFI. 2017;7(3):489-500. https://izlik.org/JA27WL87ZT

Chicago

Akinkunmi, Mustapha A. 2017. “Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries”. International Journal of Economics and Financial Issues 7 (3): 489-500. https://izlik.org/JA27WL87ZT.

EndNote

Akinkunmi MA (01 Eylül 2017) Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries. International Journal of Economics and Financial Issues 7 3 489–500.

IEEE

[1]M. A. Akinkunmi, “Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries”, IJEFI, c. 7, sy 3, ss. 489–500, Eyl. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA27WL87ZT

ISNAD

Akinkunmi, Mustapha A. “Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries”. International Journal of Economics and Financial Issues 7/3 (01 Eylül 2017): 489-500. https://izlik.org/JA27WL87ZT.

JAMA

1.Akinkunmi MA. Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries. IJEFI. 2017;7:489–500.

MLA

Akinkunmi, Mustapha A. “Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries”. International Journal of Economics and Financial Issues, c. 7, sy 3, Eylül 2017, ss. 489-00, https://izlik.org/JA27WL87ZT.

Vancouver

1.Mustapha A. Akinkunmi. Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries. IJEFI [Internet]. 01 Eylül 2017;7(3):489-500. Erişim adresi: https://izlik.org/JA27WL87ZT