REER · REER V/S NEER • There is a historic divergence between the real effective exchange rate of INR vis-à-vis nominal effective exchange rate, thanks to the widely believed
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Estimating the Effect of Exchange Rate Changes on …...McGuirk(1986)’s REER is based on partial derivatives (log changes). In the standard REER regres-sion total exports are a log
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Change in real effective exchange rate (REER) · This is the average percent change in real effective exchange rate (REER) from year-to-year over the period 2007–2011. Higher REER