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Victor Chukwuemeka
  • Victor Chukwuemeka

The long-term economic impact of persistently low exchange rates

The research report outlines the long-term economic impact on GDP, prices and wages for the UK economy in the wake of persistently low exchange rates. One of the roles of the exchange rate is to act as a macroeconomic stabiliser after low exchange rate periods, but its flexibility allows it to gradually return to previous levels. However, Brexit uncertainty has caused the exchange rate to become persistently low. What then happens to the UK economy in this case? The report uses statistical analy...

Economic forecasting under macroeconomic uncertainty

​The Brexit vote has created a significant amount of macroeconomic uncertainty. The full effects of the uncertain landscape are just beginning. This research paper seeks to: (i) Provide an understanding of macroeconomic uncertainty; (ii) evaluate why it is important in Economics; (iii) examine how uncertainty affects important indicators such as the real GDP growth rate and the inflation rate and; (iv) provide a forecast for these important indicators. Since the Brexit vote, the economic lands...

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