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The Effect of Real Exchange Rate Uncertainty on Private Investment

Mehdi Moradpour; Mohsen Ebrahimi; Vahid Abbasion

Volume 11, Issue 35 , July 2008, , Pages 159-176

Abstract
  This paper studies the effect of real exchange rate uncertainty on private investment in Iran. We estimate the effect using a model for private investment in Iran and the time series data for the period 1977-2004. We use the GARCH method to construct an estimate of the real exchange rate uncertainty, ...  Read More