Equilibrium Exchange Rates in Transition Economies /

Equilibrium Exchange Rates in Transition Economies /

A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation. Absent historical reference points, it is difficult to judge whether the real appreciation is threatening competitiveness. This paper interprets the stylized facts and...

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Bibliografiske detaljer
Hovedforfatter:	Halpern, Lionel
Andre forfattere:	Wyplosz, Charles
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 1996.
Serier:	IMF Working Papers; Working Paper ; No. 1996/125
Online adgang:	Full text available on IMF

Lignende værker

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The Impact of Oil-Related Income on the Equilibrium Real Exchange Rate in Syria /
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Exchange Rate Misalignment : An Application of the Behavioral Equilibrium Exchange Rate (BEER) to Botswana /
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