Competitiveness in Bulgaria : An Assessment of the Real Effective Exchange Rate /

This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that t...

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Bibliografske podrobnosti
Glavni avtor: Sorsa, Piritta
Drugi avtorji: Chobanov, Dimitar
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2004.
Serija:IMF Working Papers; Working Paper ; No. 2004/037
Online dostop:Full text available on IMF