Publication:
Exchange Rate and Output Fluctuations in the Small Open Economy of Mauritius

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dc.contributor.authorBastos, Fabiano
dc.contributor.authorAngelo Divino, Jose
dc.date.accessioned2012-03-19T19:12:43Z
dc.date.available2012-03-19T19:12:43Z
dc.date.issued2009-09-01
dc.description.abstractThe authors estimate a VAR and compute generalized impulse response to analyze the joint dynamics of four key macroeconomic variables in the small open economy of Mauritius. Results suggest that nominal exchange rate and interest rate have limited ability to impact output growth over the medium-run. Large error bands hinder analysis of the inflation output trade-off, but evidence points to a weak relationship in the short run as well. These findings are used to shed some light into the policy response to the current worldwide economic slowdown affecting Mauritius.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090928161216
dc.identifier.doi10.1596/1813-9450-5065
dc.identifier.urihttps://hdl.handle.net/10986/4256
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5065
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGGREGATE DEMAND
dc.subjectBANK POLICY
dc.subjectBANKING SECTOR
dc.subjectBASIS POINT
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL ACCOUNTS
dc.subjectCAPITAL BASE
dc.subjectCENTRAL BANK
dc.subjectCOMMODITY
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCOVARIANCE MATRIX
dc.subjectCURRENCY
dc.subjectDEPRECIATION
dc.subjectDEVALUATION
dc.subjectDEVALUATIONS
dc.subjectDISTORTIONS
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC MARKETS
dc.subjectDOMESTIC PRICES
dc.subjectDUMMY VARIABLE
dc.subjectDUMMY VARIABLES
dc.subjectECONOMETRICS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC ENVIRONMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC SLOWDOWN
dc.subjectEQUILIBRIUM CONDITIONS
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE DEVALUATION
dc.subjectEXCHANGE RATE DEVALUATIONS
dc.subjectEXCHANGE RATE FLUCTUATIONS
dc.subjectEXCHANGE RATE SHOCKS
dc.subjectEXCHANGE RATES
dc.subjectEXCHANGE-RATE
dc.subjectEXOGENOUS VARIABLE
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPORT MARKETS
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT SECTOR
dc.subjectEXPORTS
dc.subjectEXTERNAL DEMAND
dc.subjectEXTERNAL EQUILIBRIUM
dc.subjectFINANCIAL MARKETS
dc.subjectFISCAL STIMULUS
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGDP PER CAPITA
dc.subjectGROWTH POTENTIAL
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFLATIONARY PRESSURE
dc.subjectINFLATIONARY PRESSURES
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL PRICE
dc.subjectINTERNATIONAL TRADE
dc.subjectLIQUIDITY
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC VARIABLES
dc.subjectMACROECONOMICS
dc.subjectMARKET FORCES
dc.subjectMONETARY ECONOMICS
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectMONETARY TRANSMISSION
dc.subjectMULTIPLE POLICY
dc.subjectNEGATIVE SHOCKS
dc.subjectNOMINAL DEPRECIATION
dc.subjectNOMINAL EXCHANGE RATE
dc.subjectNOMINAL EXCHANGE RATES
dc.subjectNOMINAL INTEREST RATE
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOPEN ECONOMY
dc.subjectOUTPUT
dc.subjectPOLICY RESPONSE
dc.subjectPORTFOLIO
dc.subjectPOVERTY REDUCTION
dc.subjectPREFERENTIAL MARKET ACCESS
dc.subjectPRICE LEVELS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPUBLIC SECTOR
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectRECESSION
dc.subjectREGULATORY ENVIRONMENT
dc.subjectREJECTIONS
dc.subjectSOCIAL COSTS
dc.subjectSTANDARD DEVIATIONS
dc.subjectTRADING
dc.subjectTRADING PARTNERS
dc.subjectTRANSMISSION MECHANISM
dc.subjectVALUE ADDED
dc.titleExchange Rate and Output Fluctuations in the Small Open Economy of Mauritiusen
dspace.entity.typePublication
okr.crossref.titleExchange Rate And Output Fluctuations In The Small Open Economy Of Mauritius
okr.date.doiregistration2025-04-10T12:03:57.328229Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090928161216
okr.guid374201468279951089
okr.identifier.doi10.1596/1813-9450-5065
okr.identifier.externaldocumentum000158349_20090928161216
okr.identifier.internaldocumentum11136148
okr.identifier.reportWPS5065
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/09/28/000158349_20090928161216/Rendered/PDF/WPS5065.pdfen
okr.region.administrativeAfrica
okr.region.administrativeAfrica
okr.region.countryMauritius
okr.region.geographicalSub-Saharan Africa
okr.region.geographicalEast Africa
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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