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...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2001.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2001/056
Online Zugang:Full text available on IMF