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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Dettagli Bibliografici
Autore principale: Sorsa, Piritta
Altri autori: Chobanov, Dimitar
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/037
Accesso online:Full text available on IMF