Interpreting Real Exchange Rate Movements in Transition Countries.
Several transition countries have experienced strong real exchange rate appreciations. This paper tests the hypothesis that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period 1993-98, the results show clear evidence of productivity-driv...
Korporativní autor: | |
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Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2001.
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Edice: | IMF Working Papers; Working Paper ;
No. 2001/056 |
On-line přístup: | Full text available on IMF |